Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 351.51 | −0.0050 | get 0.0050% / 8h | 1h 41m | $936K | $7.1M | — | Long BingX | |
| SHORT | 351.40 | +0.0056 | get 0.0007% / 1h | 41m 09s | $2.8M | $3.0M | 20x | Short Lighter7d free |
Price gap−0.031%
Funding gap+0.0106% /8h
Funding pays +$3 a day on $10k, but the gap is 0.029% under its 7d average: −$3 if it goes back, about 22 hours of funding.
Funding on this pair cost 0.178% 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−$18+0.0106% /8h now · paid −0.178% over the last 7D
Price−$3spread −0.031% now, avg −0.002% → −0.029% if it goes back
Costs−$120.118% of $10k · taker + slippage, in and out
Result−$33−0.33%+ 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−0.031%
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
/8hGOOGL on 37 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books5.1 / 0.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $500BingX —, Lighter 20x. 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: +$3.18Long BingX: 3 payments, +$1.50; short Lighter: 24 payments, +$1.68.
- Watch: Gap narrower than usual−0.031% vs −0.002%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$936K vs $2.8M OIBingX 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−0.0085%/8h × 21 periods−$17.79
Price spread−0.031% → −0.002% (7d avg)−$2.93
Slippage, 4 orderslive order books−$1.83
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$32.55
Costs to cover0.118%Break-evennever at this rate
Slippage: BingX: live order book, 16 min ago; Lighter: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.145.1 bp−$56.3 bp−$6311.6 bp−$1,15755.9 bp−$27.9K
SELL · SHORTLighter0.140.4 bp$02.7 bp−$27doesn’t fitdoesn’t fit
Closing costs about the same again.
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