Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.7376 | +0.0100 | pay 0.0050% / 4h | 3h 53m | $970K | $5.2M | — | Long BingX | |
| SHORT | 2.7377 | +0.0152 | get 0.0019% / 1h | 53m 00s | $30.7M | $56.1M | 5x | Short Lighter7d free |
Price gap+0.004%
Funding gap+0.0052% /8h
Funding pays +$2 a day on $10k, but the gap is 0.071% under its 7d average: −$7 if it goes back, about 4.5 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2+0.0052% /8h now · paid −0.020% over the last 7D
Price−$7spread +0.004% now, avg +0.075% → −0.071% if it goes back
Costs−$480.482% of $10k · taker + slippage, in and out
Result−$57−0.57%+ Points / potential airdropLighter: Season 3 · farm boardWhat 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+0.004%
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 46 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size16.4 / 8.8 bpAt $10k entering BingX costs 16.4 bp, fee and slippage, 1.9× Lighter’s.
- Note: Margin at max leverage— + $2,000BingX —, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.56Long BingX: 6 payments, −$3.00; short Lighter: 24 payments, +$4.56.
- Watch: Gap narrower than usual+0.004% vs +0.075%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$970K vs $30.7M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCBingX Yes · Lighter NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0010%/8h × 21 periods−$2.02
Price spread+0.004% → +0.075% (7d avg)−$7.09
Slippage, 4 orderslive order books−$38.22
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$57.33
Costs to cover0.482%Break-evennever at this rate
Slippage: BingX: live order book, 13 min ago; Lighter: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.6516.4 bp−$1644.2 bp−$442162.0 bp−$16.2Kdoesn’t fit
SELL · SHORTLighter1.658.8 bp−$920.9 bp−$209doesn’t fitdoesn’t fit
Closing costs about the same again.
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