Settings8H · net · $10k
Funding arb · Price arb /

LIGHTER

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.057%
Price spread now: Variational Omni against BingX−0.100%7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.098%−$10 on $10k
Price spread, last 7 days+0.098%+$10 · spread now −0.100%, 7d avg −0.020%
Together, before fees0.000%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.081% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LIGHTER-USDT4.76690.0100pay 0.0050% / 4h23m 56s$7.5M
ShortVariational Omni LIGHTER4.76210.0100get 0.0050% / 4h23m 56s$9.1M$7.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.100% → −0.020%
−$8.07
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.07
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago1.36 bp14.7 bp −$1537.9 bp −$379118.0 bp −$11.8K674.5 bp −$337.2K
Sell Variational Omni RFQ quote, just now3.76 bpdoesn't fit51.7 bp −$517doesn't fitdoesn't fit

LIGHTER on 2 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LIGHTER-USDTlong+0.0100%4h4.7669long leg$7.5M
Variational Omni LIGHTERshort+0.0100%4h4.7621−0.100%$9.1M$7.3M