Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.094%
Price spread now: Lighter against Bybit+0.254%7-day average +0.171% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days+0.406%+$41 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.254%, 7d avg +0.171%
=Together, before fees+0.296%+ Points / potential airdropLighter: Season 3 · farm board+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.083% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.171%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STRKUSDT | 0.04339 | 0.0100 | pay 0.0050% / 4h | 52m 23s | $15.3M | $20.4M | 50x |
| Short | Lighter STRK | 0.04350 | 0.0240 | get 0.0030% / 1h | 52m 23s | $265K | $501K | 5x |
Bybit STRKUSDT
Lighter STRKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $29.4
- Price spread: +0.254% → +0.171%
- $8.3
- Slippage, 4 orders
- −$61.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$34.41
- Costs to cover
- 0.721%
- Break-even
- 15.2 days
Slippage from Bybit: live order book, 1 min ago; Lighter: live order book, 63 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 Bybit live order book, 1 min ago | 1.15 bp | 17.3 bp −$17 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 63 min ago | 11.56 bp | 14.0 bp −$14 | 70.1 bp −$701 | doesn't fit | doesn't fit |
STRK on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International STRK-PERP-INTX | −0.0976% | 1h | 0.04290 | −1.129% | $75K | $98K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0135% | 1h | 0.04346 | +0.172% | $453K | $527K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04341 | +0.040% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +16.847% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04335 | −0.102% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04346 | +0.161% | $14.6M | $6.7M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04339 | +0.003% | $33K | $269K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04342 | +0.067% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04340 | +0.023% | $12.4M | $45.6M | 75x | as long as short |
| Bybit STRKUSDTlong | +0.0100% | 4h | 0.04339 | long leg | $15.3M | $20.4M | 50x |
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
dYdX STRK-USD
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04340 | +0.023% | $4.7M | $20.6M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04335 | −0.092% | $568K | $1.3M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04340 | +0.023% | $12.2M | $2.0M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04343 | +0.092% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04340 | +0.025% | $3.1M | $3.8M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04340 | +0.023% | — | $26.1M | — | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04352 | +0.295% | $430K | $2.1M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04341 | +0.046% | $188K | $3.6M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04456 | +2.696% | $2K | $840K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04332 | −0.154% | $120K | $663K | 10x | as long as short |
| Lighter STRKshort | +0.0240% | 1h | 0.04350 | +0.254% | $265K | $501K | 5x | |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04344 | +0.115% | $762K | $841K | 75x | as long as short |
| Backpack STRK_USDC_PERP | +0.0371% | 1h | 0.04347 | +0.184% | $30K | $144K | 10x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0899% | 1h | 0.04358 | +0.438% | $8K | $43K | 25x | as long as short |
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Backpack STRK_USDC_PERP
Deribit STRK_USDC-PERPETUAL