Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.6610 | +0.0050 | pay 0.0050% / 8h | 4h 52m | $943K | $1.2M | — | Long BingX | |
| SHORT | 8.6840 | +0.0032 | get 0.0004% / 1h | 52m 36s | $333K | $413K | 10x | Short Lighter7d free |
Price gap+0.266%
Funding gap−0.0018% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.118% under its 7d average. Swap the legs.
Funding on this pair paid 0.405% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$40−0.0018% /8h now · paid +0.405% over the last 7D
Price−$12spread +0.266% now, avg +0.384% → −0.118% if it goes back
Costs−$1031.026% of $10k · taker + slippage, in and out
Result−$74−0.74%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.266%
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
/8hBB on 11 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size21.4 / 29.8 bpAt $10k entering Lighter costs 29.8 bp, fee and slippage, 1.4× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, Lighter 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: −$0.54Long BingX: 3 payments, −$1.50; short Lighter: 24 payments, +$0.96.
- Watch: Gap narrower than usual+0.266% vs +0.384%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$333K vs $943K OILighter sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCBingX Yes · Lighter NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0193%/8h × 21 periods+$40.47
Price spread+0.266% → +0.384% (7d avg)−$11.82
Slippage, 4 orderslive order books−$92.62
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$73.98
Costs to cover1.026%Break-even19.8 days
Slippage: BingX: live order book, 13 min ago; Lighter: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX4.0321.4 bp−$2166.7 bp−$667421.8 bp−$42.2K825.5 bp−$412.8K
SELL · SHORTLighter26.9329.8 bp−$3044.2 bp−$442doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | BB/USD no longer reported ($BB) seen by our collector |
| 09-24 17:30 | Vest Markets | Other | Trade $BB post-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-24 17:30 | Vest Markets | Other | $BB reported Q2 FY27 revenue of $163.3M, up 26% YoY, with adjusted EPS of $0.07 versus the $0.04 expected. On the day, $BB is up around 3%, with the raised full-year outlook weighed against a Q3 guide of $143M to $154M, below the $149.6M consensus. → Revenue: $163.3M versus the $145.6M consensus → FY27 revenue now guided to $616M to $636M, from $594M to $621M QNX revenue rose 27% to a record $80.3M, with the Coretura design win for the Volvo Group and Daimler Truck venture adding more than $100M to the royalty backlog. @VestExchange on X ↗ |
| 09-24 01:03 | Bitget | Other | All eyes on today’s $BB earnings, with QNX growth, Secure Communications demand and full-year guidance set to drive the market reaction. @bitget on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market BB/USD ($BB) seen by our collector |
| 09-18 16:42 | Backpack | Other | Earnings to watch for the week of September 21. ▸ Consumer: $COST $AZO $DRI $GIS ▸ Business services: $CTAS $PAYX ▸ Technology: $SNX $BB Full earnings calendar → @Backpack on X ↗ |


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