Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8327 | −0.0040 | get 0.0040% / 8h | 3h 25m | $963K | $1.6M | — | Long BingX | |
| SHORT | 0.8315 | −0.0240 | pay 0.0030% / 1h | 25m 01s | $843K | $150K | 25x | Short Lighter7d free |
Price gap−0.149%
Funding gap−0.0200% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 41 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$69−0.0200% /8h now · paid −0.693% over the last 7D
Price+$10spread −0.149% now, avg −0.251% → +0.102% if it goes back
Costs−$170.174% of $10k · taker + slippage, in and out
Result−$77−0.77%+ 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−0.149%
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
/8hUSDCHF on 4 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books5.2 / 3.0 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: −$6.00Long BingX: 3 payments, +$1.20; short Lighter: 24 payments, −$7.20.
- OK: Entry gap works for you−0.149% vs −0.251%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$843K vs $963K OILighter 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−0.0330%/8h × 21 periods−$69.32
Price spread−0.149% → −0.251% (7d avg)+$10.19
Slippage, 4 orderslive order books−$7.39
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$76.52
Costs to cover0.174%Break-evennever at this rate
Slippage: BingX: live order book, 20 min ago; Lighter: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.245.2 bp−$56.2 bp−$6211.3 bp−$1,12934.9 bp−$17.5K
SELL · SHORTLighter1.873.0 bp−$310.8 bp−$10844.7 bp−$4,469doesn’t fit
Closing costs about the same again.