Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 350.19 | +0.0770 | pay 0.0770% / 8h | 3h 55m | $986K | $2.8M | — | Long BingX | |
| SHORT | 350.10 | +0.0040 | get 0.0005% / 1h | 55m 38s | $1.8M | $3.2M | 20x | Short Lighter RH |
Price gap−0.026%
Funding gap−0.0730% /8h
Both sides work against this direction now: funding costs $22 a day on $10k and the gap is 0.021% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$51−0.0730% /8h now · paid −0.513% over the last 7D
Price−$2spread −0.026% now, avg −0.004% → −0.021% if it goes back
Costs−$140.138% of $10k · taker + slippage, in and out
Result−$67−0.67%+ Points / potential airdropLighter RH: Points live · 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−0.026%
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
/8hTSLA on 39 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books5.5 / 1.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $500BingX —, Lighter RH 20x. 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: −$21.90Long BingX: 3 payments, −$23.10; short Lighter RH: 24 payments, +$1.20.
- Watch: Gap narrower than usual−0.026% vs −0.004%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$986K vs $1.8M OIBingX 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−0.0244%/8h × 21 periods−$51.28
Price spread−0.026% → −0.004% (7d avg)−$2.15
Slippage, 4 orderslive order books−$3.78
Fee BingX bp × 2 orders−$10.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$67.21
Costs to cover0.138%Break-evennever at this rate
Slippage: BingX: live order book, 3 min ago; Lighter RH: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.295.5 bp−$67.6 bp−$7618.1 bp−$1,81480.2 bp−$40.1K
SELL · SHORTLighter RH0.431.6 bp−$24.2 bp−$4241.0 bp−$4,100doesn’t fit
Closing costs about the same again.
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