Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0904 | +0.0100 | pay 0.0013% / 1h | 58m 03s | $774K | $765K | 50x | Long TxFlow5% off | |
| SHORT | 3.0989 | +0.0096 | get 0.0012% / 1h | 58m 03s | $2.0M | $2.7M | 5x | Short Lighter RH+10% pts |
Price gap+0.275%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$10 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0004% /8h now · paid −0.065% over the last 7D
Price+$10spread +0.275% now, avg +0.174% → +0.102% if it goes back
Costs−$340.339% of $10k · taker + slippage, in and out
Result−$30−0.30%+ Points / potential airdropTxFlow: points · Lighter RH: Points live · 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+0.275%
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
4 ok · 2 to watch- Watch: Thin at this size15.7 / 2.0 bpAt $10k entering TxFlow costs 15.7 bp, fee and slippage, 8.0× Lighter RH’s.
- Note: Margin at max leverage$200 + $2,000TxFlow 50x, Lighter RH 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: −$0.12Long TxFlow: 24 payments, −$3.00; short Lighter RH: 24 payments, +$2.88.
- OK: Entry gap works for you+0.275% vs +0.174%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$774K vs $2.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Lighter RH Points liveVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Lighter RH NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0031%/8h × 21 periods−$6.49
Price spread+0.275% → +0.174% (7d avg)+$10.15
Slippage, 4 orderslive order books−$24.89
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$30.23
Costs to cover0.339%Break-evennever at this rate
Slippage: TxFlow: live order book, 59 min ago; Lighter RH: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow5.6615.7 bp−$1679.6 bp−$796doesn’t fitdoesn’t fit
SELL · SHORTLighter RH0.642.0 bp−$25.9 bp−$59doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 10-16 11:32 | Ondo Perps | Listing | new market LIT-USD.P ($LIT) seen by our collector |

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