Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2346 | 0 | 0.0000% / 1h | 46m 42s | $165K | $55K | 5x | Long Lighter7d free | |
| SHORT | 0.2324 | −0.5056 | pay 0.2528% / 4h | 3h 46m | $5K | $206K | 5x | Short edgeX |
Price gap−0.948%59s
Funding gap−0.5056% /8h
Both sides work against this direction now: funding costs $152 a day on $10k and the gap is 0.744% 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−$275−0.5056% /8h now · paid −2.746% over the last 7D
Price—spread −0.948%59s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—+ Points / potential airdropLighter: Season 3 · edgeX: points · farm boardneeds both prices read together
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −2.746% in total, about −0.1307%/8h on average.
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−0.948%
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
/8hXTEN on 6 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than edgeX’s order book right now.
- Note: Margin at max leverage$2,000 + $2,000Lighter 5x, edgeX 5x. 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: −$151.67Long Lighter: 24 payments, $0.00; short edgeX: 6 payments, −$151.67.
- Watch: Prices read 59 s apart−0.948% vs −0.204%Part of this gap may be the market moving.
- Watch: Short leg is thinner$5K vs $165K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legLighter No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.1307%/8h × 21 periods−$274.56
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Lighter bp × 2 orders$0.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: Lighter: live order book, 17 min ago; edgeX: live order book, 33 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter16.19188.5 bp−$188doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX91.59doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
XTEN news
posts that mention XTEN, from every exchange| 11-02 14:33 | Extended | Token | XTEN tokenomics will be released later today. Join the Extended team for a live AMA in Discord at 18:00 UTC. @extendedapp on X ↗ |
| 10-28 07:30 | edgeX | Listing | new market XTENUSDC ($XTEN) seen by our collector |
| 10-28 07:29 | edgeX | Listing | New Crypto Perp Listings on edgeX $XTEN Decentralized perpetual exchange for crypto and other markets. Your next Mystery Box starts with a trade @edgeX_exchange on X ↗ |
| 10-28 06:56 | MEXC | Listing | new market XTEN_USDT ($XTEN) seen by our collector |
| 10-28 00:49 | Pacifica | Listing | $XTEN pre-market is now live on Pacifica. Trade $XTEN pre-market perps with up to 3x leverage! Start trading: @pacifica_fi on X ↗ |
| 10-28 00:09 | Pacifica | Listing | new market XTEN ($XTEN) seen by our collector |


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