Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5247 | −0.0131 | get 0.0016% / 1h | 26m 00s | $241K | $191K | 25x | Long TxFlow5% off | |
| SHORT | 0.5250 | +0.0096 | get 0.0012% / 1h | 26m 00s | $152K | $108K | 10x | Short Lighter7d free |
Price gap+0.050%
Funding gap+0.0227% /8h
Funding pays +$7 a day on $10k, but the gap is 0.060% under its 7d average: −$6 if it goes back, about 21 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$55+0.0227% /8h now · paid +0.546% over the last 7D
Price−$6spread +0.050% now, avg +0.110% → −0.060% if it goes back
Costs−$290.286% of $10k · taker + slippage, in and out
Result+$20+0.20%+ Points / potential airdropTxFlow: points · Lighter: 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+0.050%
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
/8hTIA on 28 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books6.8 / 3.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $1,000TxFlow 25x, Lighter 10x. 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: +$6.81Long TxFlow: 24 payments, +$3.93; short Lighter: 24 payments, +$2.88.
- Watch: Gap narrower than usual+0.050% vs +0.110%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$152K vs $241K OILighter sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0260%/8h × 21 periods+$54.58
Price spread+0.050% → +0.110% (7d avg)−$6.00
Slippage, 4 orderslive order books−$19.64
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$19.94
Costs to cover0.286%Break-even4.4 days
Slippage: TxFlow: live order book, 6 min ago; Lighter: live order book, 64 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.956.8 bp−$721.7 bp−$217169.1 bp−$16.9Kdoesn’t fit
SELL · SHORTLighter2.853.4 bp−$348.8 bp−$488278.0 bp−$27.8Kdoesn’t fit
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($TIA) seen by our collector |
| 10-20 07:59 | Bullet | Listing | By popular demand, $TIA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |

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