Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,402.4 | +0.0100 | pay 0.0013% / 1h | 8m 42s | $12K | $68K | 20x | Long TxFlow5% off | |
| SHORT | 1,488.1 | +0.0088 | get 0.0011% / 1h | 8m 42s | $1.4M | $381K | 5x | Short Lighter7d free |
Price gap+6.107%
Funding gap−0.0012% /8h
The gap pays +$611 on $10k if it goes back to zero (no 7-day history yet), but funding costs $0 a day and eats that in about years. At the last 7 days' pace that is about 9 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0012% /8h now · paid −0.162% over the last 7D
Price—spread +6.107% now · no price history on both exchanges yet
Costsno datano order book for TxFlow
Result, before costs—+ Points / potential airdropTxFlow: points · Lighter: Season 3 · farm boardneeds both price histories
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+6.107%
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
/8hOPENAI on 26 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for TxFlow: its slippage is not counted.
- Note: Margin at max leverage$500 + $2,000TxFlow 20x, Lighter 5x. 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: −$0.36Long TxFlow: 24 payments, −$3.00; short Lighter: 24 payments, +$2.64.
- Note: No 7-day spread history+6.107%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$12K vs $1.4M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0077%/8h × 21 periods−$16.20
Price spread+6.107% → 0+$610.74
Slippage, 4 ordersno data for TxFlow—
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net, fees only · 7 days · $10k+$585.54
Costs to cover0.090%Break-evenfrom the start
Slippage: TxFlow: no order-book sample; Lighter: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow—————
SELL · SHORTLighter2.154.9 bp−$5140.6 bp−$1,406doesn’t fitdoesn’t fit
Closing costs about the same again.
TxFlow: no data.
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