Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.7690 | 0 | 0.0000% / 8h | 4h 41m | $428K | $109K | 25x | Long MEXC | |
| SHORT | 4.7646 | +0.0032 | get 0.0004% / 1h | 41m 59s | $33K | $1.8M | 5x | Short Lighter7d free |
Price gap−0.092%
Funding gap+0.0032% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.394% above its 7d average: +$39 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0032% /8h now · paid +0.061% over the last 7D
Price+$39spread −0.092% now, avg −0.487% → +0.394% if it goes back
Costs−$4774.772% of $10k · taker + slippage, in and out
Result−$432−4.32%+ 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−0.092%
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
/8hSHEIN on 10 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size72.1 / 115.4 bpAt $10k entering Lighter costs 115.4 bp, fee and slippage, 1.6× MEXC’s.
- Note: Margin at max leverage$400 + $2,000MEXC 25x, 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: +$0.96Long MEXC: 3 payments, $0.00; short Lighter: 24 payments, +$0.96.
- OK: Entry gap works for you−0.092% vs −0.487%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$33K vs $428K OILighter sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCMEXC Yes · Lighter NoKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0029%/8h × 21 periods+$6.06
Price spread−0.092% → −0.487% (7d avg)+$39.43
Slippage, 4 orderslive order books−$473.20
Fee MEXC bp × 2 orders−$4.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$431.72
Costs to cover4.772%Break-even505.7 days
Slippage: MEXC: live order book, 22 min ago; Lighter: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC62.6672.1 bp−$7297.1 bp−$971221.6 bp−$22.2Kdoesn’t fit
SELL · SHORTLighter22.03115.4 bp−$115449.9 bp−$4,499doesn’t fitdoesn’t fit
Closing costs about the same again.