Funding you earn now, next payment 00:00 UTC−0.1124%/8h= −123.1% APRpaid last 24h −0.178%
Price spread now: Bybit against Lighter−0.172%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1571.573% of the position
Funding, last 7 days−0.504%−$50 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.172%, 7d avg −0.019%
=Together, before fees−0.332%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Bybit is 0.153% cheaper against Lighter than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.504% in total (about -26.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 0G | 0.2319 | 0.1224 | pay 0.0153% / 1h | 57m 06s | $44K | $100K | 3x |
| Short | Bybit 0GUSDT | 0.2315 | 0.0100 | get 0.0050% / 4h | 57m 06s | $2.3M | $2.3M | 50x |
Lighter 0G
Bybit 0GUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$236.04
- Price spread: −0.172% → −0.019%
- −$15.3
- Slippage, 4 orders
- −$146.25
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$408.59
- Costs to cover
- 1.573%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; Bybit: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 2 min ago | 12.94 bp | 49.2 bp −$49 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.34 bp | 24.2 bp −$24 | 168.4 bp −$1,684 | doesn't fit | doesn't fit |
0G on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0634% | 4h | 0.2317 | −0.086% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2313 | −0.252% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2315 | −0.172% | $23K | $19K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2316 | −0.121% | $6.8M | $8.9M | 50x | as long as short |
| Bybit 0GUSDTshort | +0.0100% | 4h | 0.2315 | −0.172% | $2.3M | $2.3M | 50x | |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2320 | +0.043% | $881K | $2.3M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2313 | −0.259% | $596K | $162K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2315 | −0.172% | $2.0M | $201K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2317 | −0.086% | $1.8M | $659K | 50x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2305 | −0.617% | $12K | $10K | — | as long as short |
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Bitget 0GUSDT
Variational Omni 0GShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2315 | −0.172% | $18K | $632K | 50x | as long as short |
| BloFin 0G-USDT | +0.0151% | 4h | 0.2316 | −0.129% | $325K | $9K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0216% | 4h | 0.2317 | −0.091% | $2.4M | $2.6M | 50x | as long as short |
| Hyperliquid 0G | +0.0653% | 1h | 0.2320 | +0.034% | $2.5M | $503K | 3x | as long as short |
| Backpack 0G_USDC_PERP | +0.0906% | 1h | 0.2317 | −0.086% | $37K | $47K | 5x | as long as short |
| Lighter 0Glong | +0.1224% | 1h | 0.2319 | long leg | $44K | $100K | 3x |
ApeX Omni 0GUSDT
BloFin 0G-USDT
KuCoin 0GUSDTM
Hyperliquid 0G
Backpack 0G_USDC_PERP