Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.2456 | +0.0040 | pay 0.0005% / 1h | 25m 28s | $362K | $24K | — | Long AZverse | |
| SHORT | 3.2484 | +0.0096 | get 0.0012% / 1h | 25m 28s | $35.3M | $8.1M | 5x | Short Lighter7d free |
Price gap+0.086%
Funding gap+0.0056% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0056% /8h now · paid +0.001% over the last 16 hours (all we have)
Price$0spread +0.086% now, avg +0.085% → +0.001% if it goes back
Costsno datano order book for AZverse
Result, before costs$00.00%+ Points / potential airdropLighter: Season 3 · farm boardcosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.086%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLIT on 47 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $2,000AZverse —, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.68Long AZverse: 24 payments, −$1.20; short Lighter: 24 payments, +$2.88.
- Note: Gap at its usual level+0.086% vs +0.085%The price leg adds little either way.
- Watch: Long leg is thinner$362K vs $35.3M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legAZverse No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0003%/8h × 21 periods+$0.58
Price spread+0.086% → +0.085% (7d avg)+$0.12
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Lighter bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$11.31
Costs to cover0.120%Break-even144.6 days
Slippage: AZverse: no order-book sample; Lighter: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTLighter0.774.8 bp−$510.6 bp−$10690.6 bp−$9,064doesn’t fit
Closing costs about the same again.
AZverse: no data.
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