Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 523.80 | +0.0091 | pay 0.0091% / 8h | 5h 31m | $2.8M | $280K | 200x | Long MEXC | |
| SHORT | 522.97 | +0.0032 | get 0.0004% / 1h | 31m 18s | $1.5M | $2.2M | 10x | Short Lighter RH+10% pts |
Price gap−0.158%
Funding gap−0.0059% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.030% 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−$18−0.0059% /8h now · paid −0.182% over the last 7D
Price−$3spread −0.158% now, avg −0.129% → −0.030% if it goes back
Costs−$70.069% of $10k · taker + slippage, in and out
Result−$28−0.28%+ 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−0.158%
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
/8hAMD on 38 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books2.1 / 1.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$50 + $1,000MEXC 200x, Lighter RH 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.77Long MEXC: 3 payments, −$2.73; short Lighter RH: 24 payments, +$0.96.
- Watch: Gap narrower than usual−0.158% vs −0.129%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Short leg is thinner$1.5M vs $2.8M OIBoth legs are deep; Lighter RH is the smaller one.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCMEXC Yes · Lighter RH NoKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0086%/8h × 21 periods−$18.16
Price spread−0.158% → −0.129% (7d avg)−$2.98
Slippage, 4 orderslive order books−$2.94
Fee MEXC bp × 2 orders−$4.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$28.08
Costs to cover0.069%Break-evennever at this rate
Slippage: MEXC: live order book, 5 min ago; Lighter RH: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC0.092.1 bp−$22.7 bp−$2740.7 bp−$4,067253.9 bp−$126.9K
SELL · SHORTLighter RH0.961.1 bp−$13.2 bp−$32doesn’t fitdoesn’t fit
Closing costs about the same again.
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