Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.19 | +0.0032 | pay 0.0004% / 1h | 41m 58s | $453K | $278K | 10x | Long Lighter7d free | |
| SHORT | 137.21 | +0.0459 | get 0.0459% / 8h | 4h 41m | $952K | $2.1M | — | Short BingX |
Price gap+0.015%
Funding gap+0.0427% /8h
Both sides work: funding pays +$13 a day on $10k, and the gap is 0.025% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$67+0.0427% /8h now · paid +0.672% over the last 7D
Price+$3spread +0.015% now, avg −0.011% → +0.025% if it goes back
Costs−$530.531% of $10k · taker + slippage, in and out
Result+$17+0.17%+ Points / potential airdropLighter: Season 3 · 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+0.015%
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 · 4 to watch- Watch: Thin at this size18.7 / 8.1 bpAt $10k entering Lighter costs 18.7 bp, fee and slippage, 2.3× BingX’s.
- Note: Margin at max leverage$1,000 + —Lighter 10x, BingX —. 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: +$12.81Long Lighter: 24 payments, −$0.96; short BingX: 3 payments, +$13.77.
- OK: Entry gap works for you+0.015% vs −0.011%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$453K vs $952K 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 · BingX YesAdvanced 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+0.0320%/8h × 21 periods+$67.19
Price spread+0.015% → −0.011% (7d avg)+$2.52
Slippage, 4 orderslive order books−$43.13
Fee Lighter bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$16.58
Costs to cover0.531%Break-even5.3 days
Slippage: Lighter: live order book, 27 min ago; BingX: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter3.6418.7 bp−$1922.4 bp−$224doesn’t fitdoesn’t fit
SELL · SHORTBingX2.198.1 bp−$812.6 bp−$12650.3 bp−$5,035259.5 bp−$129.8K
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 ↗ |
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