BE

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.007%

Price spread now: Lighter RH against Bybit−0.044%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$770.771% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.044%, 7d avg −0.052%

Together, before fees−0.019%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BEUSDT	274.76	0	get 0.0000% / 8h	5h 27m	$2.0M	$1.0M	25x
Short	Lighter RH BE	274.64	0.0032	get 0.0004% / 1h	27m 21s	$249K	$301K	10x

Funding history

latest

Range statsloading…

Lighter RH against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

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

Position, each leg$Hold fordaysFee BybitbpFee Lighter RHbpOrdersPrice spread, now −0.044%Rate

Slippage from Bybit: live order book, 2 min ago; Lighter RH: live order book, 18 min ago.

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, 2 min ago	3.09 bp	41.4 bp −$41	182.6 bp −$1,826	doesn't fit	doesn't fit
Sell Lighter RH live order book, 18 min ago	6.00 bp	6.7 bp −$7	13.6 bp −$136	doesn't fit	doesn't fit

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	274.99	+0.083%	$347K	$137K	20x	as long as short
Bybit BEUSDTlong	0.0000%	8h	274.76	long leg	$2.0M	$1.0M	25x
OKX BE-USDT-SWAP	0.0000%	8h	274.64	−0.044%	$2.6M	$6.9M	25x	as long as short
Gate BE_USDT	0.0000%	8h	274.50	−0.095%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	274.70	−0.022%	$1.6M	$3.0M	20x	as long as short
SunX BE-USDT	0.0000%	8h	274.72	−0.015%	$1K	$2.0M	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.94	+0.066%	$12K	$35K	20x	as long as short
Coinbase International BE-PERP-INTX	+0.0008%	1h	274.05	−0.258%	$469K	$132K	10x	as long as short
Extended BE-USD	+0.0016%	1h	274.66	−0.037%	$46K	$386K	10x	as long as short
Binance BEUSDT	+0.0019%	8h	274.79	+0.011%	$8.2M	$39.0M	25x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BE	+0.0032%	1h	274.50	−0.095%	—	—	10x	as long as short
Lighter RH BEshort	+0.0032%	1h	274.64	−0.044%	$249K	$301K	10x
QFEX BE-USD	+0.0037%	1h	274.56	−0.073%	$1.3M	$2.2M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.55	−0.076%	$114K	$96K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.70	−0.022%	—	—	10x	as long as short
BloFin BE-USDT	+0.0066%	8h	274.85	+0.033%	$46K	$163K	20x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.54	−0.080%	$356K	$216K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.74	−0.008%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0104%	1h	274.73	−0.011%	$5.9M	$2.8M	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0151%	1h	274.67	−0.033%	$7K	$4K	10x	as long as short
GRVT BE_USDT_Perp	+0.0466%	8h	274.70	−0.023%	$6K	$135K	10x	as long as short