Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 161.83 | 0 | 0.0000% / 8h | 4h 59m | $1.1M | $736K | 10x | Long Phemex | |
| SHORT | 161.70 | +0.0280 | get 0.0035% / 1h | 59m 07s | $2.2M | $553K | 10x | Short Lighter7d free |
Price gap−0.082%
Funding gap+0.0280% /8h
Funding trade: +$8 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$44+0.0280% /8h now · paid +0.439% over the last 7D
Price−$2spread −0.082% now, avg −0.066% → −0.016% if it goes back
Costs−$240.243% of $10k · taker + slippage, in and out
Result+$18+0.18%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.082%
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 · 2 to watch- OK: Fits both order books12.3 / 0.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $1,000Phemex 10x, Lighter 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: +$8.40Long Phemex: 3 payments, $0.00; short Lighter: 24 payments, +$8.40.
- Note: Gap at its usual level−0.082% vs −0.066%The price leg adds little either way.
- Note: Long leg is thinner$1.1M vs $2.2M OIBoth legs are deep; Phemex is the smaller one.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCPhemex Yes · Lighter NoKYC 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+0.0209%/8h × 21 periods+$43.94
Price spread−0.082% → −0.066% (7d avg)−$1.63
Slippage, 4 orderslive order books−$12.30
Fee Phemex bp × 2 orders−$12.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$18.01
Costs to cover0.243%Break-even4.1 days
Slippage: Phemex: live order book, 2 min ago; Lighter: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex2.1612.3 bp−$1282.6 bp−$826doesn’t fitdoesn’t fit
SELL · SHORTLighter0.090.1 bp$00.6 bp−$6doesn’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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