Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.4340 | +0.0100 | pay 0.0013% / 1h | 52m 51s | $135K | $613K | 50x | Long TxFlow5% off | |
| SHORT | 6.4466 | +0.0096 | get 0.0012% / 1h | 52m 51s | $238K | $490K | 15x | Short Lighter RH+10% pts |
Price gap+0.196%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$7 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$12−0.0004% /8h now · paid +0.122% over the last 7D
Price+$7spread +0.196% now, avg +0.125% → +0.071% if it goes back
Costs−$290.289% of $10k · taker + slippage, in and out
Result−$10−0.10%+ Points / potential airdropTxFlow: points · Lighter 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+0.196%
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
5 ok · 1 to watch- OK: Fits both order books5.3 / 8.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $666TxFlow 50x, Lighter RH 15x. 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: −$0.12Long TxFlow: 24 payments, −$3.00; short Lighter RH: 24 payments, +$2.88.
- OK: Entry gap works for you+0.196% vs +0.125%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$135K vs $238K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Lighter RH Points liveVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Lighter RH NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0063%/8h × 21 periods+$13.29
Price spread+0.196% → +0.125% (7d avg)+$7.07
Slippage, 4 orderslive order books−$19.95
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$8.58
Costs to cover0.289%Break-even11.5 days
Slippage: TxFlow: live order book, 54 min ago; Lighter RH: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.795.3 bp−$511.3 bp−$11352.6 bp−$5,260doesn’t fit
SELL · SHORTLighter RH8.588.6 bp−$926.6 bp−$266doesn’t fitdoesn’t fit
Closing costs about the same again.
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