Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3,993.5 | +0.0032 | pay 0.0004% / 1h | 38m 13s | $15.3M | $7.3M | 25x | Long Lighter7d free | |
| SHORT | 3,999.7 | +0.0073 | get 0.0009% / 1h | 38m 13s | $1.5M | $142K | — | Short AZverse |
Price gap+0.156%
Funding gap+0.0041% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0041% /8h now · paid −0.002% over the last 16 hours (all we have)
Price$0spread +0.156% now, avg +0.152% → +0.005% if it goes back
Costsno datano order book for AZverse
Result, before costs$00.00%+ Points / potential airdropLighter: Season 3 · farm boardcosts unknown: no order book for AZverse · What 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+0.156%
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
/8hXAU on 43 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$400 + —Lighter 25x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.24Long Lighter: 24 payments, −$0.96; short AZverse: 24 payments, +$2.20.
- Note: Gap at its usual level+0.156% vs +0.152%The price leg adds little either way.
- Watch: Short leg is thinner$1.5M vs $15.3M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legLighter No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0009%/8h × 21 periods−$1.97
Price spread+0.156% → +0.152% (7d avg)+$0.47
Slippage, 4 ordersno data for AZverse—
Fee Lighter bp × 2 orders$0.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$13.51
Costs to cover0.120%Break-evennever at this rate
Slippage: Lighter: live order book, 6 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGLighter0.240.8 bp−$11.5 bp−$159.0 bp−$89625.6 bp−$12.8K
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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