Funding you earn now, next payment 01:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter RH+0.015%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.015%, 7d avg +0.048%
=Together, before fees+0.013%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.034% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.048%). If the spread goes back, that is −$3 on $10k: about 5.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BE | 275.01 | 0.0032 | pay 0.0004% / 1h | 37m 25s | $251K | $300K | 10x |
| Short | Bybit BEUSDT | 275.05 | 0.0054 | get 0.0054% / 8h | 7h 37m | $2.0M | $1.2M | 25x |
Lighter RH BE
Bybit BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter RH. 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
- $4.67
- Price spread: +0.015% → +0.048%
- −$3.38
- Slippage, 4 orders
- −$78.12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$87.82
- Costs to cover
- 0.891%
- Break-even
- 138.6 days
Slippage from Lighter RH: live order book, 35 min ago; Bybit: live order book, 4 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 Lighter RH live order book, 35 min ago | 3.65 bp | 5.2 bp −$5 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.91 bp | 54.2 bp −$54 | 164.4 bp −$1,644 | doesn't fit | doesn't fit |
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 | 274.75 | −0.094% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.80 | −0.076% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.86 | −0.055% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.92 | −0.033% | $976 | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.07 | +0.022% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.89 | −0.044% | — | — | 10x | as long as short |
| Lighter RH BElong | +0.0032% | 1h | 275.01 | long leg | $251K | $300K | 10x | |
| QFEX BE-USD | +0.0037% | 1h | 274.98 | −0.011% | $1.3M | $3.7M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.93 | −0.029% | $115K | $113K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.91 | −0.036% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter 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 BEUSDTshort | +0.0054% | 8h | 275.05 | +0.015% | $2.0M | $1.2M | 25x | |
| tradeXYZ xyz:BE | +0.0099% | 1h | 274.82 | −0.069% | $5.9M | $2.9M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.83 | −0.065% | $371K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.90 | −0.039% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 275.39 | +0.138% | $477K | $132K | 10x | as long as short |
| Binance BEUSDT | +0.0136% | 8h | 275.02 | +0.004% | $8.6M | $36.4M | 25x | as long as short |
| Extended BE-USD | +0.0136% | 1h | 274.97 | −0.013% | $47K | $382K | 10x | as long as short |
| BloFin BE-USDT | +0.0252% | 8h | 275.21 | +0.073% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0266% | 8h | 275.07 | +0.022% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0405% | 1h | 275.00 | −0.004% | $7K | $4K | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0635% | 8h | 275.18 | +0.063% | $7K | $179K | 10x | as long as short |
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
Coinbase International BE-PERP-INTX
Binance BEUSDT
Extended BE-USD
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL
GRVT BE_USDT_Perp