Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 612.72 | +0.1000 | pay 0.0125% / 1h | 55m 05s | $177K | $132K | 5x | Long dYdX | |
| SHORT | 613.10 | +0.0280 | get 0.0035% / 1h | 55m 05s | $44K | $424K | 10x | Short Lighter RH+10% pts |
Price gap+0.062%
Funding gap−0.0720% /8h
Both sides work against this direction now: funding costs $22 a day on $10k and the gap is 0.131% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$202−0.0720% /8h now · paid −2.024% over the last 7D
Price−$13spread +0.062% now, avg +0.193% → −0.131% if it goes back
Costs−$1511.512% of $10k · taker + slippage, in and out
Result−$367−3.67%+ 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+0.062%
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
/8hXMR on 36 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size65.3 / 9.0 bpAt $10k entering dYdX costs 65.3 bp, fee and slippage, 7.2× Lighter RH’s.
- Note: Margin at max leverage$2,000 + $1,000dYdX 5x, Lighter RH 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: −$21.59Long dYdX: 24 payments, −$29.99; short Lighter RH: 24 payments, +$8.40.
- Watch: Gap narrower than usual+0.062% vs +0.193%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$44K vs $177K 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.
- OK: No KYC on either legdYdX No · Lighter RH NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.1058%/8h × 21 periods−$222.08
Price spread+0.062% → +0.193% (7d avg)−$13.10
Slippage, 4 orderslive order books−$141.24
Fee dYdX bp × 2 orders−$10.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$386.42
Costs to cover1.512%Break-evennever at this rate
Slippage: dYdX: live order book, 43 min ago; Lighter RH: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGdYdX13.1165.3 bp−$6591.6 bp−$91694.7 bp−$9,472193.9 bp−$97.0K
SELL · SHORTLighter RH9.029.0 bp−$914.2 bp−$142doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-29 21:07 | N1 | Listing | Recent releases from N1: → Lite Mode + upgrades on iOS + Android → $XMR + $TCGX now live → PnL margining + better capital efficiency → N1 Prime closed alpha opening New listings, faster fills at size, Prime testing + markets beyond crypto coming soon. @N1Chain on X ↗ |
| 10-24 15:58 | N1 | Product | Privacy's leading cryptocurrency is here. $XMR now available on N1 with up to 5x leverage. @N1Chain on X ↗ |
| 10-23 14:35 | N1 | Listing | new market XMRUSD ($XMR) seen by our collector |
| 10-23 14:30 | Lighter RH | Listing | new market XMR ($XMR) seen by our collector |
| 10-22 13:35 | RISEx | Listing | $XMR, the privacy coin, is now live at 10x Privacy has been one of the trades of this year; XMR is up 77% over the past year and has already broken through the $600 mark today Trade Monero next to Zcash on RISEx @risextrade on X ↗ |
| 10-21 08:06 | RISEx | Listing | new market XMR/USDC ($XMR) seen by our collector |

N1
RISEx