LSK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−1.2973%/8h= −1420.6% APRnext payment −$16.22 per $10,000 · paid last 24h +0.032%

Price spread now: Bybit against Bitget+0.242%7-day average +0.820% · you sell dearer than you buy

Net, funding: paid 7d − costs−$953as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1061.065% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−8.463%−$846 on $10k

Price spread, last 7 days+1.013%+$101 · spread now +0.242%, 7d avg +0.820%

Together, before fees−7.450%−$745 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$389 a day on $10k at the current rate, and Bybit is 0.578% cheaper against Bitget than usual: you would sell low and buy high (−$58 if the spread goes back to its 7-day average of +0.820%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -8.463% in total (about -441.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$16.22 per $10,000. 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	Bitget LSKUSDT	0.3467	−0.1528	get 0.0191% / 1h	31m 49s	$2.6M	$9.7M	50x
Short	Bybit LSKUSDT	0.3475	−1.4501	pay 0.1813% / 1h	31m 49s	$9.5M	$20.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now +0.242%Rate

Funding earned: −$2,724.42
Price spread: +0.242% → +0.820%: −$57.79
Slippage, 4 orders: −$83.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$2,888.7
Costs to cover: 1.065%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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 Bitget live order book, 2 min ago	2.89 bp	20.7 bp −$21	126.2 bp −$1,262	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.14 bp	31.5 bp −$31	doesn't fit	doesn't fit	doesn't fit

LSK on 11 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
Bybit LSKUSDTshort	−1.4501%	1h	0.3475	+0.242%	$9.5M	$20.5M	25x
Variational Omni LSK	−0.8175%	1h	0.3441	−0.751%	$26K	$184K	—	as long as short
Gate LSK_USDT	−0.5576%	1h	0.3465	−0.058%	$1.4M	$2.7M	20x	as long as short
Binance LSKUSDT	−0.3175%	1h	0.3464	−0.078%	$14.7M	$99.4M	50x	as long as short
MEXC LSK_USDT	−0.3096%	1h	0.3462	−0.133%	$8.2M	$2.5M	20x	as long as short
Phemex LSKUSDT	−0.2747%	4h	0.3460	−0.190%	$1.2M	$2.4M	10x	as long as short
Aster LSKUSDT	−0.2645%	1h	0.3465	−0.060%	$60K	$129K	5x	as long as short
HTX LSK-USDT	−0.1658%	1h	0.3462	−0.147%	$55K	$280K	20x	as long as short
Bitget LSKUSDTlong	−0.1528%	1h	0.3467	long leg	$2.6M	$9.7M	50x
BingX LSK-USDT	−0.0880%	1h	0.3466	−0.017%	—	$2.8M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_LSKUSD	−0.0583%	1h	0.3467	+0.003%	$103K	$343K	10x	as long as short