Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.26 | +0.0462 | pay 0.0462% / 8h | 4h 03m | $952K | $2.1M | — | Long BingX | |
| SHORT | 137.23 | +0.0048 | get 0.0006% / 1h | 3m 50s | $803K | $1.0M | 10x | Short Lighter RH |
Price gap−0.022%
Funding gap−0.0414% /8h
Funding costs $12 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−$68−0.0414% /8h now · paid −0.681% over the last 7D
Price+$1spread −0.022% now, avg −0.027% → +0.005% if it goes back
Costs−$240.240% of $10k · taker + slippage, in and out
Result−$92−0.92%+ Points / potential airdropLighter RH: Points live · 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−0.022%
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
/8hORCL on 30 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books7.8 / 3.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, Lighter RH 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: −$12.42Long BingX: 3 payments, −$13.86; short Lighter RH: 24 payments, +$1.44.
- Note: Gap at its usual level−0.022% vs −0.027%The price leg adds little either way.
- Watch: Short leg is thinner$803K vs $952K OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCBingX Yes · Lighter RH 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−0.0324%/8h × 21 periods−$68.12
Price spread−0.022% → −0.027% (7d avg)+$0.51
Slippage, 4 orderslive order books−$14.02
Fee BingX bp × 2 orders−$10.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$91.63
Costs to cover0.240%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; Lighter RH: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.827.8 bp−$813.0 bp−$13040.3 bp−$4,026doesn’t fit
SELL · SHORTLighter RH1.463.6 bp−$45.0 bp−$50doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 19:30 | Vest Markets | Other | Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-29 19:30 | Vest Markets | Other | Heading into the close, $ORCL is up around 4.2% with the launch of Fusion Claw, which adds 25 agentic applications. The company also introduced a native NetApp storage service on its cloud, with a full rollout planned within 12 months. The move puts the shares on pace to snap a four-day losing streak that had taken them about 11% lower. @VestExchange on X ↗ |
| 09-28 17:30 | Vest Markets | Other | Oracle's AI financing model is drawing fresh skepticism, with $ORCL down around 2.7% on the session. S&P lowered the credit rating to BBB-, the shares drew a Sell rating this morning, and five-year default swaps reached a record 227 basis points last week. The $18B of debt tied to Project Jupiter is quoted near 89 cents on the dollar, with about half of Oracle's $664B backlog tied to OpenAI. @VestExchange on X ↗ |
| 09-27 09:40 | Kalshi | Other | JUST IN: Oracle reportedly gave Larry Ellison and co-CEOs nearly $1 billion in stock options that "had no value" by fiscal year-end @Kalshi on X ↗ |
| 09-25 03:59 | Kalshi | Other | JUST IN: Oracle's "investment grade" bond closed at 8.10%, in line with B3/B- junk @Kalshi on X ↗ |
| 09-24 13:30 | Vest Markets | Other | $ORCL is down around 5.4% into the open, with a reported force majeure notice to its New Mexico data center developer. The notice goes to developer Blue Owl on Project Jupiter, seeking to defer payments if the 1,400-acre campus behind Oracle's OpenAI capacity deal slips past 2028. Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |


Kalshi