Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h —
Price spread now: Lighter against Bybit−0.131%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.131% cheaper against Bybit than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BEUSDT | 275.11 | 0.0072 | pay 0.0072% / 8h | 7h 56m | $2.0M | $1.2M | 25x |
| Short | Lighter BE | 274.75 | 0.0032 | get 0.0004% / 1h | 56m 28s | — | — | 10x |
Bybit BEUSDT
Lighter BEFunding 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
- −$8.35
- Price spread: −0.131% → 0.000%
- −$13.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$32.44
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 10 min ago; Lighter: no order-book sample. Net counts fees only.
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, 10 min ago | 3.83 bp | 18.3 bp −$18 | 187.2 bp −$1,872 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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.
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.72 | −0.141% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.60 | −0.185% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.75 | −0.131% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.87 | −0.087% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.26 | −0.309% | $13K | $33K | 20x | as long as short |
| Lighter BEshort | +0.0032% | 1h | 274.75 | −0.131% | — | — | 10x | |
| Lighter RH BE | +0.0032% | 1h | 274.94 | −0.062% | $251K | $298K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 274.97 | −0.051% | $1.3M | $3.9M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.30 | −0.294% | $115K | $117K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.17 | +0.022% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BEUSDTlong | +0.0072% | 8h | 275.11 | long leg | $2.0M | $1.2M | 25x | |
| Extended BE-USD | +0.0088% | 1h | 274.96 | −0.055% | $46K | $266K | 10x | as long as short |
| Binance BEUSDT | +0.0089% | 8h | 275.25 | +0.050% | $8.6M | $36.6M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.94 | −0.062% | $371K | $22K | 20x | as long as short |
| GRVT BE_USDT_Perp | +0.0103% | 8h | 274.27 | −0.304% | $6K | $182K | 10x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.51 | −0.219% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.651% | $467K | $116K | 10x | as long as short |
| BloFin BE-USDT | +0.0206% | 8h | 275.01 | −0.036% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0257% | 8h | 275.15 | +0.015% | $2.6M | $6.9M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0442% | 1h | 274.86 | −0.091% | $7K | $4K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0868% | 1h | 274.67 | −0.160% | $5.9M | $2.9M | 10x | as long as short |
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
GRVT BE_USDT_Perp
Aevo BE-PERP
Coinbase International BE-PERP-INTX
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL
tradeXYZ xyz:BE