Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 766.41 | +0.0264 | pay 0.0033% / 1h | 22m 19s | $213K | $51K | 10x | Long Lighter7d free | |
| SHORT | 766.23 | +0.0294 | get 0.0294% / 8h | 7h 22m | $1.3M | $117K | 20x | Short MEXC |
Price gap−0.023%
Funding gap+0.0030% /8h
Funding pays +$1 a day on $10k, but the gap is 0.038% under its 7d average: −$4 if it goes back, about 4.3 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18+0.0030% /8h now · paid −0.183% over the last 7D
Price−$4spread −0.023% now, avg +0.015% → −0.038% if it goes back
Costs−$350.351% of $10k · taker + slippage, in and out
Result−$57−0.57%+ 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−0.023%
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
/8hLITE on 31 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size2.9 / 26.0 bpAt $10k entering MEXC costs 26.0 bp, fee and slippage, 8.9× Lighter’s.
- Note: Margin at max leverage$1,000 + $500Lighter 10x, MEXC 20x. 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: +$0.90Long Lighter: 24 payments, −$7.92; short MEXC: 3 payments, +$8.82.
- Watch: Gap narrower than usual−0.023% vs +0.015%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$213K vs $1.3M 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 · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0087%/8h × 21 periods−$18.34
Price spread−0.023% → +0.015% (7d avg)−$3.83
Slippage, 4 orderslive order books−$31.06
Fee Lighter bp × 2 orders$0.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$57.23
Costs to cover0.351%Break-evennever at this rate
Slippage: Lighter: live order book, 32 min ago; MEXC: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter0.912.9 bp−$35.9 bp−$59doesn’t fitdoesn’t fit
SELL · SHORTMEXC1.7626.0 bp−$2629.7 bp−$297185.1 bp−$18.5K269.7 bp−$134.9K
Closing costs about the same again.
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