Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.225 | +0.0032 | pay 0.0004% / 1h | 16m 00s | $383K | $119K | 10x | Long Lighter RH | |
| SHORT | 14.230 | +0.0527 | get 0.0527% / 8h | 1h 16m | $911K | $1.6M | — | Short BingX |
Price gap+0.035%
Funding gap+0.0495% /8h
Funding pays +$15 a day on $10k, but the gap is 0.061% under its 7d average: −$6 if it goes back, about 10 hours of funding. At the last 7 days' pace that is about 39 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$26+0.0495% /8h now · paid +0.262% over the last 7D
Price−$6spread +0.035% now, avg +0.096% → −0.061% if it goes back
Costs−$390.390% of $10k · taker + slippage, in and out
Result−$19−0.19%+ Points / potential airdropLighter RH: Points live · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above 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+0.035%
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 books7.8 / 8.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + —Lighter RH 10x, 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: +$14.85Long Lighter RH: 24 payments, −$0.96; short BingX: 3 payments, +$15.81.
- Watch: Gap narrower than usual+0.035% vs +0.096%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long 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: 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+0.0125%/8h × 21 periods+$26.17
Price spread+0.035% → +0.096% (7d avg)−$6.11
Slippage, 4 orderslive order books−$28.97
Fee Lighter RH bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$18.91
Costs to cover0.390%Break-even12.1 days
Slippage: Lighter RH: live order book, 18 min ago; BingX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter RH7.037.8 bp−$817.3 bp−$173doesn’t fitdoesn’t fit
SELL · SHORTBingX3.528.5 bp−$928.2 bp−$282194.8 bp−$19.5K730.2 bp−$365.1K
Closing costs about the same again.