Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,354.1 | +0.0100 | pay 0.0013% / 1h | 43m 08s | $3.5M | $1.8M | 50x | Long TxFlow5% off | |
| SHORT | 1,361.9 | +0.0096 | get 0.0012% / 1h | 43m 08s | $21.2M | $22.3M | 20x | Short Lighter7d free |
Price gap+0.573%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$38 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$0−0.0004% /8h now · paid +0.003% over the last 5 hours (all we have)
Price+$38spread +0.573% now, avg +0.194% → +0.379% if it goes back
Costs−$130.132% of $10k · taker + slippage, in and out
Result+$25+0.25%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · 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+0.573%
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
/8hZEC on 51 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books5.4 / 1.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $500TxFlow 50x, Lighter 20x. 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: 24 payments, +$2.88.
- OK: Entry gap works for you+0.573% vs +0.194%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$3.5M vs $21.2M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0045%/8h × 21 periods+$9.40
Price spread+0.573% → +0.194% (7d avg)+$37.88
Slippage, 4 orderslive order books−$4.23
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$34.04
Costs to cover0.132%Break-evenfrom the start
Slippage: TxFlow: live order book, 1 min ago; Lighter: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.045.4 bp−$57.1 bp−$7124.4 bp−$2,44479.4 bp−$39.7K
SELL · SHORTLighter0.751.2 bp−$12.4 bp−$2415.0 bp−$1,49948.8 bp−$24.4K
Closing costs about the same again.
| 10-01 22:40 | Aevo | Other | September ended with near:native and zcash:native among the market’s strongest movers, but October has opened with both pulling back. NEAR is down around 9% today, while ZEC is down almost 7%, turning last week’s continuation trade into a choice between buying the pullback and shorting the reversal. Both remain Perp Majors on Aevo this week, so either trade can build qualifying volume toward the year-end USDC reward. @aevoxyz on X ↗ |
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| 09-30 18:57 | OKX | Other | Another X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗ |
| 09-29 15:00 | coinbase | Other | Assets you swore you'd never sell: - HYPE - ZEC Assets you can now instantly borrow up to $100k against instead of selling: - HYPE - ZEC Guess that works out. @coinbase on X ↗ |
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