Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 50.160 | +0.0050 | pay 0.0050% / 8h | 3h 28m | $943K | $1.3M | — | Long BingX | |
| SHORT | 49.757 | 0 | 0.0000% / 1h | 28m 15s | $79K | $460K | 5x | Short Lighter7d free |
Price gap−0.803%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 1.421% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15−0.0050% /8h now · paid −0.146% over the last 7D
Price−$142spread −0.803% now, avg +0.617% → −1.421% if it goes back
Costs−$1121.117% of $10k · taker + slippage, in and out
Result−$268−2.68%+ 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−0.803%
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
/8hOURA on 14 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size30.9 / 49.4 bpAt $10k entering Lighter costs 49.4 bp, fee and slippage, 1.6× BingX’s.
- Note: Margin at max leverage— + $2,000BingX —, Lighter 5x. 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: −$1.50Long BingX: 3 payments, −$1.50; short Lighter: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.803% vs +0.617%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$79K vs $943K OILighter sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCBingX Yes · Lighter 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−0.0071%/8h × 21 periods−$14.91
Price spread−0.803% → +0.617% (7d avg)−$142.05
Slippage, 4 orderslive order books−$101.68
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$268.64
Costs to cover1.117%Break-evennever at this rate
Slippage: BingX: live order book, 9 min ago; Lighter: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.0030.9 bp−$3176.9 bp−$769381.9 bp−$38.2K896.9 bp−$448.5K
SELL · SHORTLighter8.8049.4 bp−$49doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 03:40 | MEXC | Other | OURA IPO Express Update Following the postponement of OURA’s Nasdaq listing, the OURA IPO Express event will not proceed with settlement. All subscription funds will be fully refunded automatically within 24 hours. No action is required. Full details: @MEXC on X ↗ |
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| 09-28 13:04 | Backpack | Other | $OURA goes live on Backpack brokerage and @Solana from day one. @Backpack on X ↗ |
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