Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 86.470 | +0.0032 | pay 0.0004% / 1h | 3m 48s | $1.8M | $3.1M | 10x | Long Lighter RH+10% pts | |
| SHORT | 86.510 | −0.0041 | pay 0.0005% / 1h | 3m 48s | $170K | $58K | 10x | Short Backpack |
Price gap+0.046%
Funding gap−0.0073% /8h
Funding costs $2 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+$45−0.0073% /8h now · paid +0.455% over the last 7D
Price$0spread +0.046% now, avg +0.046% → +0.001% if it goes back
Costs−$150.148% of $10k · taker + slippage, in and out
Result+$31+0.31%+ Points / potential airdropLighter RH: Points live · 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+0.046%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books1.4 / 5.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $1,000Lighter RH 10x, Backpack 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$2.18Long Lighter RH: 24 payments, −$0.96; short Backpack: 24 payments, −$1.22.
- Note: Gap at its usual level+0.046% vs +0.046%The price leg adds little either way.
- Watch: Short leg is thinner$170K vs $1.8M OIBackpack sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCLighter RH No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0216%/8h × 21 periods+$45.46
Price spread+0.046% → +0.046% (7d avg)+$0.06
Slippage, 4 orderslive order books−$4.85
Fee Lighter RH bp × 2 orders$0.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k+$30.68
Costs to cover0.148%Break-even2.3 days
Slippage: Lighter RH: live order book, 5 min ago; Backpack: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter RH0.581.4 bp−$13.3 bp−$33doesn’t fitdoesn’t fit
SELL · SHORTBackpack0.585.8 bp−$6doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 16:53 | Backpack | Other | Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗ |
| 10-22 22:57 | Injective | Token | The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗ |
| 10-22 10:40 | Reya | Listing | $AMD $MU $INTC perps are live on Reya. Accelerators, memory and fabs. Three more ways to be right. Or wrong. Trade RWAs Up to 15x, around the clock. Not inside yet? Join the waitlist. @reya_xyz on X ↗ |
| 10-21 10:00 | KuCoin | Product | Users at the Centre. We put users at the heart of our products, policies, and decisions. Built around how you work: - Lite Mode for the essentials. Pro Mode for advanced trading and charts. - AI Assistant 5.x, from market intel to the next action. - Unified Trading Account, rolling out to eligible users. With you from the beginning. #TrustBuiltIn #KuCoin @kucoincom on X ↗ |
| 10-20 13:01 | Reya | Listing | new market INTCRUSDPERP ($INTC) seen by our collector |
| 10-19 13:30 | Vest Markets | Other | Trade $INTC volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |


Injective
KuCoin