Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.4220 | −0.0040 | get 0.0040% / 8h | 2h 27m | $996K | $2.0M | — | Long BingX | |
| SHORT | 1.4203 | −0.0208 | pay 0.0026% / 1h | 27m 22s | $1.1M | $244K | 25x | Short Lighter7d free |
Price gap−0.122%
Funding gap−0.0168% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 35 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$40−0.0168% /8h now · paid −0.404% over the last 7D
Price+$7spread −0.122% now, avg −0.196% → +0.074% if it goes back
Costs−$170.169% of $10k · taker + slippage, in and out
Result−$50−0.50%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.122%
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
/8hUSDCAD on 4 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books6.2 / 1.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $400BingX —, Lighter 25x. 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: −$5.04Long BingX: 3 payments, +$1.20; short Lighter: 24 payments, −$6.24.
- OK: Entry gap works for you−0.122% vs −0.196%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$996K vs $1.1M OIBingX 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−0.0192%/8h × 21 periods−$40.37
Price spread−0.122% → −0.196% (7d avg)+$7.42
Slippage, 4 orderslive order books−$6.94
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$49.89
Costs to cover0.169%Break-evennever at this rate
Slippage: BingX: live order book, 20 min ago; Lighter: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.166.2 bp−$67.0 bp−$7010.0 bp−$1,00123.8 bp−$11.9K
SELL · SHORTLighter1.761.8 bp−$213.3 bp−$13354.6 bp−$5,458doesn’t fit
Closing costs about the same again.