Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.0297 | +0.0096 | pay 0.0012% / 1h | 7m 42s | $138K | $483K | 15x | Long Lighter RH+10% pts | |
| SHORT | 7.0442 | +0.0125 | get 0.0125% / 8h | 5h 07m | $758K | $549K | 75x | Short HTX |
Price gap+0.206%
Funding gap+0.0029% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0029% /8h now · paid +0.059% over the last 3 days (all we have)
Price+$1spread +0.206% now, avg +0.199% → +0.007% if it goes back
Costs−$380.375% of $10k · taker + slippage, in and out
Result−$31−0.31%+ Points / potential airdropLighter RH: Points live · 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+0.206%
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
1 ok · 4 to watch- Watch: Thin at this size3.5 / 15.6 bpAt $10k entering HTX costs 15.6 bp, fee and slippage, 4.5× Lighter RH’s.
- Note: Margin at max leverage$666 + $133Lighter RH 15x, HTX 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.86Long Lighter RH: 24 payments, −$2.88; short HTX: 3 payments, +$3.74.
- Note: Gap at its usual level+0.206% vs +0.199%The price leg adds little either way.
- Watch: Long leg is thinner$138K vs $758K OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCLighter RH No · HTX LimitedNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0069%/8h × 21 periods+$14.51
Price spread+0.206% → +0.199% (7d avg)+$0.68
Slippage, 4 orderslive order books−$25.52
Fee Lighter RH bp × 2 orders$0.00
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$22.34
Costs to cover0.375%Break-even17.8 days
Slippage: Lighter RH: live order book, 11 min ago; HTX: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter RH3.403.5 bp−$310.7 bp−$107doesn’t fitdoesn’t fit
SELL · SHORTHTX2.9115.6 bp−$1638.2 bp−$382doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 14:30 | Lighter RH | Listing | new market UNI ($UNI) seen by our collector |
| 10-23 09:05 | Reya | Listing | new market UNIRUSDPERP ($UNI) seen by our collector |
| 10-19 17:41 | Phoenix | Listing | JUST IN: $UNI is listed as the first DeFi protocol with futures on @CMEGroup. @PhoenixTrade on X ↗ |
| 10-13 10:00 | HTX | Contest | Trade 15 Hot Cryptos, Share $150,000! HTX Spot Hot Token Challenge goes live. Climb the leaderboard, grab exclusive new user perks, and enjoy volume boosts with 3x rewards. Eligible Assets: BTC, ETH, XMR, SOL, LTC, TRX, XRP, DOGE, BTW, ZEC, ADA, UNI, GRAM, FIL, SUI! Register Now >> @HTX_Global on X ↗ |
| 10-02 15:40 | Perpl | Listing | You can now trade $UNI with up to 3x leverage @perpltrade on X ↗ |
| 10-02 15:28 | Perpl | Listing | new market UNI ($UNI) seen by our collector |


Phoenix