Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.0937 | +0.0096 | pay 0.0012% / 1h | 45m 44s | $178K | $301K | 15x | Long Lighter RH+10% pts | |
| SHORT | 7.0838 | +0.0100 | get 0.0050% / 4h | 1h 45m | $89K | $270K | 20x | Short edgeX |
Price gap−0.140%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0004% /8h now · paid +0.080% over the last 4 days (all we have)
Price−$1spread −0.140% now, avg −0.133% → −0.007% if it goes back
Costs−$230.232% of $10k · taker + slippage, in and out
Result−$16−0.16%+ Points / potential airdropLighter RH: Points live · edgeX: points · 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−0.140%
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
/8hUNI on 46 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Large against open interest2.9 / 8.7 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$666 + $500Lighter RH 15x, edgeX 20x. 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: +$0.12Long Lighter RH: 24 payments, −$2.88; short edgeX: 6 payments, +$3.00.
- Note: Gap at its usual level−0.140% vs −0.133%The price leg adds little either way.
- Watch: Short leg is thinner$89K vs $178K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points live · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legLighter RH No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0064%/8h × 21 periods+$13.34
Price spread−0.140% → −0.133% (7d avg)−$0.69
Slippage, 4 orderslive order books−$14.22
Fee Lighter RH bp × 2 orders$0.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$10.58
Costs to cover0.232%Break-even12.5 days
Slippage: Lighter RH: live order book, 56 min ago; edgeX: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter RH2.872.9 bp−$311.7 bp−$117doesn’t fitdoesn’t fit
SELL · SHORTedgeX4.208.7 bp−$920.8 bp−$208doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 10-02 15:28 | Perpl | Listing | new market UNI ($UNI) seen by our collector |


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