Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 32.950 | +0.0354 | pay 0.0354% / 8h | 4h 45m | $998K | $1.2M | — | Long BingX | |
| SHORT | 32.928 | +0.0480 | get 0.0060% / 1h | 45m 07s | $59K | $107K | 10x | Short Lighter RH+10% pts |
Price gap−0.067%
Funding gap+0.0126% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.070% above its 7d average: +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$31+0.0126% /8h now · paid −0.309% over the last 7D
Price+$7spread −0.067% now, avg −0.137% → +0.070% if it goes back
Costs−$360.357% of $10k · taker + slippage, in and out
Result−$60−0.60%+ Points / potential airdropLighter RH: Points live · 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−0.067%
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
/8hSMCI on 21 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest9.7 / 8.9 bp$10k is over 10% of Lighter RH’s open interest.
- Note: Margin at max leverage— + $1,000BingX —, Lighter RH 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: +$3.78Long BingX: 3 payments, −$10.62; short Lighter RH: 24 payments, +$14.40.
- OK: Entry gap works for you−0.067% vs −0.137%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$59K vs $998K OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCBingX Yes · Lighter RH 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−0.0147%/8h × 21 periods−$30.90
Price spread−0.067% → −0.137% (7d avg)+$7.02
Slippage, 4 orderslive order books−$25.70
Fee BingX bp × 2 orders−$10.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$59.57
Costs to cover0.357%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; Lighter RH: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.519.7 bp−$1021.2 bp−$212226.3 bp−$22.6K1061.0 bp−$530.5K
SELL · SHORTLighter RH7.308.9 bp−$950.3 bp−$503doesn’t fitdoesn’t fit
Closing costs about the same again.
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