Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.6727 | +0.0096 | pay 0.0012% / 1h | 9m 13s | $6.7M | $532K | 5x | Long Lighter7d free | |
| SHORT | 1.6689 | +0.0051 | get 0.0026% / 4h | 1h 09m | $1K | $206K | 10x | Short edgeX |
Price gap−0.228%
Funding gap−0.0044% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 39 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0044% /8h now · paid −0.104% over the last 7D
Price+$2spread −0.228% now, avg −0.250% → +0.022% if it goes back
Costs−$2192.189% of $10k · taker + slippage, in and out
Result−$227−2.27%+ Points / potential airdropLighter: Season 3 · edgeX: points · 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−0.228%
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
/8hZRO on 30 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size5.0 / 99.9 bpAt $10k entering edgeX costs 99.9 bp, fee and slippage, 20.0× Lighter’s.
- Note: Margin at max leverage$2,000 + $1,000Lighter 5x, edgeX 10x. 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: −$1.34Long Lighter: 24 payments, −$2.88; short edgeX: 6 payments, +$1.54.
- OK: Entry gap works for you−0.228% vs −0.250%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$1K vs $6.7M 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−0.0050%/8h × 21 periods−$10.42
Price spread−0.228% → −0.250% (7d avg)+$2.17
Slippage, 4 orderslive order books−$209.85
Fee Lighter bp × 2 orders$0.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$227.11
Costs to cover2.189%Break-evennever at this rate
Slippage: Lighter: live order book, 5 min ago; edgeX: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter2.695.0 bp−$537.8 bp−$378doesn’t fitdoesn’t fit
SELL · SHORTedgeX2.0899.9 bp−$100doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
| 10-19 19:00 | RISEx | Other | The Fed’s gone quiet. Oct 28 hike odds have already slipped to the 10 - 16% range So Big Tech's earnings and Friday’s flash PMIs will most likely carry the tape for this week On crypto: ZRO unlock alongside ZEC's NU7 decision Watch out for Wednesday and Friday @risextrade on X ↗ |
| 10-15 13:32 | RISEx | Other | Happy trading $GOOGL: $STRK: $ZRO: @risextrade on X ↗ |
| 10-15 13:32 | RISEx | Listing | This week adds: $GOOGL, Google how to long it. (20x) $STRK, Startnet your L2 bags. (5x) $ZRO, Zero hops between chains. (5x) All three are live More next week. @risextrade on X ↗ |
| 10-15 07:23 | RISEx | Listing | new market ZRO/USDC ($ZRO) seen by our collector |
| 10-13 15:13 | OKX | Other | Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗ |


OKX
RISEx