Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.250 | +0.0485 | pay 0.0485% / 8h | 39m 06s | $911K | $1.6M | — | Long BingX | |
| SHORT | 14.227 | +0.0032 | get 0.0004% / 1h | 39m 06s | $383K | $118K | 10x | Short Lighter RH |
Price gap−0.161%
Funding gap−0.0453% /8h
Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.065% 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−$26−0.0453% /8h now · paid −0.262% over the last 7D
Price−$6spread −0.161% now, avg −0.097% → −0.065% if it goes back
Costs−$470.470% of $10k · taker + slippage, in and out
Result−$80−0.80%+ Points / potential airdropLighter RH: Points live · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.262% in total, about −0.0125%/8h on average.
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−0.161%
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
/8hUSAR on 17 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books14.9 / 8.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: −$13.59Long BingX: 3 payments, −$14.55; short Lighter RH: 24 payments, +$0.96.
- Watch: Gap narrower than usual−0.161% vs −0.097%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$383K vs $911K 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−0.0125%/8h × 21 periods−$26.17
Price spread−0.161% → −0.097% (7d avg)−$6.48
Slippage, 4 orderslive order books−$36.99
Fee BingX bp × 2 orders−$10.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$79.64
Costs to cover0.470%Break-evennever at this rate
Slippage: BingX: live order book, 9 min ago; Lighter RH: live order book, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.5114.9 bp−$1526.1 bp−$261157.6 bp−$15.8K729.3 bp−$364.6K
SELL · SHORTLighter RH7.038.7 bp−$925.2 bp−$252doesn’t fitdoesn’t fit
Closing costs about the same again.