Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.1891 | 0 | 0.0000% / 43m | 30m 07s | $639 | $140K | 3x | Long Perpl | |
| SHORT | 5.1995 | +0.0096 | get 0.0012% / 1h | 16m 07s | $23.1M | $26.4M | 15x | Short Lighter7d free |
Price gap+0.201%
Funding gap+0.0096% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.109% above its 7d average: +$11 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0096% /8h now · paid +0.034% over the last 16 hours (all we have)
Price+$11spread +0.201% now, avg +0.092% → +0.109% if it goes back
Costsno datano order book for Perpl
Result, before costs+$14+0.14%+ Points / potential airdropPerpl: points · Lighter: Season 3 · farm boardcosts unknown: no order book for Perpl · 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+0.201%
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
/8hNEAR on 46 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$3,333 + $666Perpl 3x, Lighter 15x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ43m / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.88Long Perpl: 33 payments, $0.00; short Lighter: 24 payments, +$2.88.
- OK: Entry gap works for you+0.201% vs +0.092%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$639 vs $23.1M OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legPerpl No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0174%/8h × 21 periods+$36.53
Price spread+0.201% → +0.092% (7d avg)+$10.95
Slippage, 4 ordersno data for Perpl—
Fee Perpl bp × 2 orders−$6.90
Fee Lighter bp × 2 orders$0.00
Net, fees only · 7 days · $10k+$40.57
Costs to cover0.069%Break-evenfrom the start
Slippage: Perpl: no order-book sample; Lighter: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPerpl—————
SELL · SHORTLighter2.905.7 bp−$610.7 bp−$10744.1 bp−$4,405232.2 bp−$116.1K
Closing costs about the same again.
Perpl: no data.
| 09-30 18:57 | OKX | Other | Another X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗ |
| 09-30 17:06 | Perpl | Listing | new market NEAR ($NEAR) seen by our collector |
| 09-30 16:28 | Perpl | Listing | You can now trade $NEAR with up to 3x leverage @perpltrade on X ↗ |
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |

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