Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,716 | +0.0464 | pay 0.0058% / 1h | 41m 58s | $353K | $110K | 20x | Long Lighter7d free | |
| SHORT | 1,716 | +0.1106 | get 0.0553% / 4h | 41m 58s | $924K | $1.5M | — | Short BingX |
Price gap+0.001%
Funding gap+0.0642% /8h
Both sides work: funding pays +$19 a day on $10k, and the gap is 0.027% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$41+0.0642% /8h now · paid +0.414% over the last 7D
Price+$3spread +0.001% now, avg −0.026% → +0.027% if it goes back
Costs−$250.255% of $10k · taker + slippage, in and out
Result+$19+0.19%+ Points / potential airdropLighter: Season 3 · 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 +0.414% in total, about +0.0197%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.001%
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
/8hXPT on 23 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books7.4 / 6.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —Lighter 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$19.26Long Lighter: 24 payments, −$13.92; short BingX: 6 payments, +$33.18.
- OK: Entry gap works for you+0.001% vs −0.026%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$353K vs $924K OILighter sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCLighter 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+0.0197%/8h × 21 periods+$41.42
Price spread+0.001% → −0.026% (7d avg)+$2.70
Slippage, 4 orderslive order books−$15.50
Fee Lighter bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$18.62
Costs to cover0.255%Break-even3.9 days
Slippage: Lighter: live order book, 26 min ago; BingX: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter1.747.4 bp−$718.5 bp−$185doesn’t fitdoesn’t fit
SELL · SHORTBingX1.026.7 bp−$716.2 bp−$16278.8 bp−$7,884319.0 bp−$159.5K
Closing costs about the same again.
| 09-29 17:00 | MEXC | Other | 7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗ |
| 09-23 13:33 | Kalshi | Listing | new market KXPLATINUMPERP ($XPT) seen by our collector |


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