Settings8H · net · $10k
Funding arb · Price arb /

CTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.016%
Price spread now: Bybit against Lighter+0.084%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.084% dearer against Lighter than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CTR0.011880.0096pay 0.0012% / 1h57m 59s$10K$3293x
ShortBybit CTRUSDT0.011890.0100get 0.0050% / 4h57m 59s$249K$129K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.084% → 0.000%
$8.42
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1.74
Costs to cover
0.110%
Break-even
21.5 days
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 47 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Bybit live order book, 47 min ago5.46 bp433.3 bp −$433doesn't fitdoesn't fitdoesn't fit
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CTR on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CTRlong+0.0096%1h0.01188long leg$10K$3293x
Bybit CTRUSDTshort+0.0100%4h0.01189+0.084%$249K$129K20x
Gate CTR_USDT+0.0100%4h0.01190+0.168%$114K$14K20xas long as short
KuCoin CTRUSDTM+0.0100%4h0.011880.000%$279K$353K20xas long as short
MEXC CTR_USDT+0.0306%4h0.01189+0.101%$610K$142K20xas long as short
Binance CTRUSDT+0.0309%4h0.01189+0.051%$2.2M$818K20xas long as short
Aster CTRUSDT+0.0458%4h0.01189+0.067%$9K$8K5xas long as short
Bitget CTRUSDT+0.0630%4h0.01189+0.084%$543K$58K20xas long as short