Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 350.23 | +0.0040 | pay 0.0005% / 1h | 36m 34s | $1.8M | $3.3M | 20x | Long Lighter RH | |
| SHORT | 350.37 | +0.0646 | get 0.0646% / 8h | 4h 36m | $986K | $2.8M | — | Short BingX |
Price gap+0.040%
Funding gap+0.0606% /8h
Both sides work: funding pays +$18 a day on $10k, and the gap is 0.036% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$51+0.0606% /8h now · paid +0.513% over the last 7D
Price+$4spread +0.040% now, avg +0.004% → +0.036% if it goes back
Costs−$140.143% of $10k · taker + slippage, in and out
Result+$41+0.41%+ 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+0.040%
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
3 ok · 3 to watch- OK: Fits both order books1.7 / 5.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —Lighter RH 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$18.18Long Lighter RH: 24 payments, −$1.20; short BingX: 3 payments, +$19.38.
- OK: Entry gap works for you+0.040% vs +0.004%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: KYCLighter RH No · BingX YesAdvanced 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+0.040% → +0.004% (7d avg)+$3.58
Slippage, 4 orderslive order books−$4.27
Fee Lighter RH bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$40.58
Costs to cover0.143%Break-even1.5 days
Slippage: Lighter RH: live order book, 6 min ago; BingX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter RH1.571.7 bp−$23.6 bp−$3647.2 bp−$4,724doesn’t fit
SELL · SHORTBingX0.285.3 bp−$55.3 bp−$5313.8 bp−$1,38059.0 bp−$29.5K
Closing costs about the same again.
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