Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 99.140 | −0.0269 | get 0.0269% / 8h | 2h 27m | $972K | $3.0M | — | Long BingX | |
| SHORT | 98.937 | −0.0488 | pay 0.0061% / 1h | 27m 32s | $840K | $841K | 10x | Short Lighter7d free |
Price gap−0.205%
Funding gap−0.0219% /8h
Funding costs $7 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−$16−0.0219% /8h now · paid −0.158% over the last 7D
Price+$1spread −0.205% now, avg −0.212% → +0.007% if it goes back
Costs−$270.273% of $10k · taker + slippage, in and out
Result−$42−0.42%+ 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−0.205%
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
/8hSTRC on 16 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books7.5 / 8.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, 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: −$6.57Long BingX: 3 payments, +$8.07; short Lighter: 24 payments, −$14.64.
- Note: Gap at its usual level−0.205% vs −0.212%The price leg adds little either way.
- Watch: Short leg is thinner$840K vs $972K 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−0.0075%/8h × 21 periods−$15.83
Price spread−0.205% → −0.212% (7d avg)+$0.68
Slippage, 4 orderslive order books−$17.27
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$42.41
Costs to cover0.273%Break-evennever at this rate
Slippage: BingX: live order book, 1 min ago; Lighter: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.507.5 bp−$813.4 bp−$134114.9 bp−$11.5K561.7 bp−$280.8K
SELL · SHORTLighter3.348.7 bp−$917.0 bp−$170doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-18 17:43 | Avantis | Other | Advanced tech. $NOW — Agentic AI is the growth engine, or the thing that eats the seat model and the gross margin with it? $RKLB — Neutron flies and re-rates the whole company, or a space-systems manufacturer priced on a rocket that keeps slipping? $STRC — a yield instrument that already broke par once, or credit the ATM engine can still refinance? @verantaxyz on X ↗ |
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