Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.6263 | +0.0032 | pay 0.0004% / 1h | 5m 08s | $417K | $248K | 20x | Long Lighter7d free | |
| SHORT | 6.6260 | +0.0004 | get 0.0002% / 4h | 5m 08s | $931K | $1.8M | — | Short BingX |
Price gap−0.005%
Funding gap−0.0028% /8h
The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 15 days. At the last 7 days' pace that is about 42 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$51−0.0028% /8h now · paid −0.513% over the last 7D
Price+$13spread −0.005% now, avg −0.131% → +0.127% if it goes back
Costs−$330.331% of $10k · taker + slippage, in and out
Result−$72−0.72%+ 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−0.005%
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
/8hCOPPER on 29 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books13.4 / 8.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —Lighter 20x, BingX —. 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: −$0.84Long Lighter: 24 payments, −$0.96; short BingX: 6 payments, +$0.12.
- OK: Entry gap works for you−0.005% vs −0.131%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$417K vs $931K OILighter sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCLighter No · BingX YesAdvanced 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−0.0244%/8h × 21 periods−$51.25
Price spread−0.005% → −0.131% (7d avg)+$12.69
Slippage, 4 orderslive order books−$23.09
Fee Lighter bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$71.65
Costs to cover0.331%Break-evennever at this rate
Slippage: Lighter: live order book, 63 min ago; BingX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter2.3313.4 bp−$1327.3 bp−$273doesn’t fitdoesn’t fit
SELL · SHORTBingX1.518.3 bp−$89.6 bp−$9617.4 bp−$1,740155.4 bp−$77.7K
Closing costs about the same again.
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| 09-18 03:36 | HTX | Other | 10 ideas. 3 in the spotlight! 👀 $SOL → Cleared $100 psychological resistance. Momentum continues. $COPPER → Spot at premium as geo tensions keep markets on edge. $MU → Long-term demand for chips and memory remains a key driver. What’s your next move? Trade the action 24/7 on @HTXFutures @HTX_Global on X ↗ |
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