Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.9660 | −0.0167 | get 0.0021% / 1h | 31m 00s | $57K | $158K | 20x | Long Bullet | |
| SHORT | 4.9740 | +0.0096 | get 0.0012% / 1h | 31m 00s | $23.7M | $28.7M | 15x | Short Lighter7d free |
Price gap+0.161%
Funding gap+0.0263% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 0.021% above its 7d average: +$2 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$28+0.0263% /8h now · paid +0.282% over the last 6 days (all we have)
Price+$2spread +0.161% now, avg +0.139% → +0.021% if it goes back
Costs−$220.218% of $10k · taker + slippage, in and out
Result+$9+0.09%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Lighter price against Bulletnow
RANGE STATS · 7D
Now+0.161%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 44 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Large against open interest7.5 / 4.0 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$500 + $666Bullet 20x, Lighter 15x. 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: +$7.89Long Bullet: 24 payments, +$5.01; short Lighter: 24 payments, +$2.88.
- OK: Entry gap works for you+0.161% vs +0.139%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$57K vs $23.7M OIBullet 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 legBullet No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0164%/8h × 21 periods+$34.44
Price spread+0.161% → +0.139% (7d avg)+$2.11
Slippage, 4 orderslive order books−$13.78
Fee Bullet bp × 2 orders−$8.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$14.78
Costs to cover0.218%Break-even4.0 days
Slippage: Bullet: live order book, 23 min ago; Lighter: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet2.807.5 bp−$712.7 bp−$127doesn’t fitdoesn’t fit
SELL · SHORTLighter2.534.0 bp−$410.0 bp−$10046.7 bp−$4,675352.4 bp−$176.2K
Closing costs about the same again.
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |
| 09-27 09:30 | HTX | Points | HTX Futures Hot Coin Points Challenge! 🔹Trade popular futures pairs, earn points & redeem Gold and trending token rewards! 🔹More Trading → More Points → More Rewards Gold| Trending Tokens| More Rewards 🔹 Trading Pairs: DOGE/NEAR/SUI/SNDK/MU Join now: @HTX_Global on X ↗ |
| 09-24 20:07 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,200 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |


Bulk
RISEx
MEXC
HTX
OKX