Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 47.238 | +0.0200 | pay 0.0025% / 1h | 53m 56s | $961K | $1.6M | 20x | Long Lighter7d free | |
| SHORT | 47.290 | −0.0007 | pay 0.0007% / 8h | 5h 53m | $920K | $1.6M | — | Short BingX |
Price gap+0.110%
Funding gap−0.0207% /8h
Funding costs $6 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$38−0.0207% /8h now · paid −0.378% over the last 7D
Price$0spread +0.110% now, avg +0.113% → −0.003% if it goes back
Costs−$130.125% of $10k · taker + slippage, in and out
Result−$51−0.51%+ Points / potential airdropLighter: 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+0.110%
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
/8hDRAM on 37 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books0.2 / 6.1 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 / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.21Long Lighter: 24 payments, −$6.00; short BingX: 3 payments, −$0.21.
- Note: Gap at its usual level+0.110% vs +0.113%The price leg adds little either way.
- Watch: Short leg is thinner$920K vs $961K OIBingX 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−0.0180%/8h × 21 periods−$37.83
Price spread+0.110% → +0.113% (7d avg)−$0.32
Slippage, 4 orderslive order books−$2.54
Fee Lighter bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$50.69
Costs to cover0.125%Break-evennever at this rate
Slippage: Lighter: live order book, 3 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter0.210.2 bp$01.0 bp−$1018.8 bp−$1,881doesn’t fit
SELL · SHORTBingX1.066.1 bp−$69.0 bp−$9023.7 bp−$2,367201.1 bp−$100.5K
Closing costs about the same again.
| 10-22 01:30 | Kalshi | Other | FUN FACT: Micron has increased the amount of DRAM produced per wafer by about 400x over the past 30 years @Kalshi on X ↗ |
| 10-18 00:45 | Arcus | Other | This weekend, memory stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through the wick without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗ |
| 10-18 00:40 | Arcus | Other | This weekend, AI infrastructure stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗ |
| 10-16 15:31 | Vest Markets | Other | US-listed memory shares are extending a week-long selloff, with $SKHY down around 5% on the session. Over $700 billion in global memory-chip market value has been erased since October 10, when China's CXMT detailed a denser 4F2 DRAM design. Goldman flagged $SKHY and Samsung today as attractive risk/reward, arguing the market overestimated China's tech gap. @VestExchange on X ↗ |
| 10-15 01:05 | edgeX | Listing | DRAMUSDC no longer reported ($DRAM) seen by our collector |
| 10-12 15:30 | Vest Markets | Other | Memory names are under pressure on the session, with $MU down around 4% and $SNDK down around 6.5%. Chinese DRAM maker CXMT said over the weekend it made key progress on a denser 4F² cell design, with a DDR5 server product planned by end-2026. Trade $MU, $SNDK and broader memory volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |


Kalshi
edgeX