Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 162.02 | +0.0272 | pay 0.0034% / 1h | 5m 50s | $2.3M | $563K | 10x | Long Lighter7d free | |
| SHORT | 162.15 | 0 | 0.0000% / 8h | 4h 05m | $1.1M | $749K | 10x | Short Phemex |
Price gap+0.081%57s
Funding gap−0.0272% /8h
Funding costs $8 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−$44−0.0272% /8h now · paid −0.442% over the last 7D
Price—spread +0.081%57s now · prices read too far apart to compare
Costs−$250.254% of $10k · taker + slippage, in and out
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+0.081%
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
/8hSAMSUNG on 30 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books0.5 / 13.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $1,000Lighter 10x, Phemex 10x. 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: −$8.16Long Lighter: 24 payments, −$8.16; short Phemex: 3 payments, $0.00.
- Watch: Prices read 57 s apart+0.081% vs +0.067%Part of this gap may be the market moving.
- Note: Short leg is thinner$1.1M vs $2.3M OIBoth legs are deep; Phemex is the smaller one.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCLighter No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0211%/8h × 21 periods−$44.25
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$13.41
Fee Lighter bp × 2 orders$0.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$69.66
price spread not counted: prices read too far apartCosts to cover0.254%Break-evennever at this rate
Slippage: Lighter: live order book, 6 min ago; Phemex: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter0.310.5 bp$01.2 bp−$12doesn’t fitdoesn’t fit
SELL · SHORTPhemex2.7813.0 bp−$13100.1 bp−$1,001doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-14 01:44 | Avantis | Other | AI chip supply chain: Samsung electronics, Samsung Electro-Mechanics, Hanmi Semiconductor, and SK Inc. Batteries, cars, materials: LG Energy Solution, LG Chem, LG Electronics, Hyundai Motor, and Hyundai Steel Ships, defense, platforms: HD Korea Shipbuilding, HMM, Hanwha Systems, Naver, Kakao, KRAFTON, NH Investment & Securities, KODEX 200 @verantaxyz on X ↗ |
| 09-25 19:30 | Vest Markets | Other | Heading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market SAMSUNG/USD ($SAMSUNG) seen by our collector |


Avantis
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