Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 93.790 | +0.0102 | pay 0.0102% / 8h | 2h 48m | $978K | $6.6M | — | Long BingX | |
| SHORT | 93.605 | +0.0032 | get 0.0004% / 1h | 48m 58s | $943K | $1.3M | 10x | Short Lighter7d free |
Price gap−0.197%
Funding gap−0.0070% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.060% 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−$15−0.0070% /8h now · paid −0.147% over the last 7D
Price−$6spread −0.197% now, avg −0.137% → −0.060% if it goes back
Costs−$200.204% of $10k · taker + slippage, in and out
Result−$41−0.41%+ 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−0.197%
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
/8hHOOD on 40 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books9.0 / 1.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: −$2.10Long BingX: 3 payments, −$3.06; short Lighter: 24 payments, +$0.96.
- Watch: Gap narrower than usual−0.197% vs −0.137%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$943K vs $978K 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−0.0070%/8h × 21 periods−$14.70
Price spread−0.197% → −0.137% (7d avg)−$6.02
Slippage, 4 orderslive order books−$10.36
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$41.08
Costs to cover0.204%Break-evennever at this rate
Slippage: BingX: live order book, 7 min ago; Lighter: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.539.0 bp−$911.6 bp−$11631.1 bp−$3,112305.3 bp−$152.6K
SELL · SHORTLighter1.551.8 bp−$23.2 bp−$3227.9 bp−$2,792doesn’t fit
Closing costs about the same again.
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Backpack
RISEx