Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04458 | 0 | 0.0000% / 1h | 12m 26s | $245K | $158K | 5x | Long Lighter7d free | |
| SHORT | 0.04467 | +0.0017 | get 0.0008% / 4h | 1h 12m | $503 | $159K | 10x | Short edgeX |
Price gap+0.213%59s
Funding gap+0.0017% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.343% above its 7d average: +$34 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10+0.0017% /8h now · paid −0.096% over the last 7D
Price—spread +0.213%59s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—+ Points / potential airdropLighter: Season 3 · edgeX: points · farm boardneeds both prices read together
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+0.213%
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
/8hSTRK on 30 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than edgeX’s order book right now.
- Note: Margin at max leverage$2,000 + $1,000Lighter 5x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.51Long Lighter: 24 payments, $0.00; short edgeX: 6 payments, +$0.51.
- Watch: Prices read 59 s apart+0.213% vs −0.130%Part of this gap may be the market moving.
- Watch: Short leg is thinner$503 vs $245K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legLighter No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0046%/8h × 21 periods−$9.58
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Lighter bp × 2 orders$0.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: Lighter: live order book, 18 min ago; edgeX: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter3.358.6 bp−$935.2 bp−$352doesn’t fitdoesn’t fit
SELL · SHORTedgeX4.45doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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