Funding you earn now, next payment 09:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h +0.051%
Price spread now: Lighter against Bybit+0.905%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.905% dearer against Bybit than usual: you sell high and buy low (spread +0.905% now, against zero (this spread has no 7-day history yet)): +$90 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 7.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.244%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.244% in total (about 12.7% a year). A funding rate is set anew for every payment. 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 | Bybit BOTUSDT | 29.070 | 0 | get 0.0000% / 8h | 7h 54m | $521K | $577K | 25x |
| Short | Lighter BOT | 29.333 | −0.0432 | pay 0.0054% / 1h | 54m 51s | $67K | $1K | 3x |
Bybit BOTUSDT
Lighter BOTFunding 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
- −$90.72
- Price spread: +0.905% → 0.000%
- $90.47
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.25
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 35 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, 35 min ago | 3.44 bp | 110.7 bp −$111 | 253.7 bp −$2,537 | 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.
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1815% | 8h | 29.070 | 0.000% | $231K | $219K | 20x | as long as short |
| tradeXYZ xyz:BOT | −0.0927% | 1h | 29.045 | −0.086% | $3.0M | $785K | 10x | as long as short |
| KuCoin BOTUSDTM | −0.0915% | 8h | 29.100 | +0.103% | $92K | $432K | 20x | as long as short |
| Binance BOTUSDT | −0.0700% | 8h | 29.057 | −0.045% | $456K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0610% | 8h | 29.060 | −0.034% | $33K | $12K | — | as long as short |
| Lighter BOTshort | −0.0432% | 1h | 29.333 | +0.905% | $67K | $1K | 3x | |
| Bitget BOTUSDT | −0.0091% | 8h | 29.130 | +0.206% | $242K | $130K | 5x | as long as short |
| QFEX BOT-USD | −0.0076% | 1h | 29.050 | −0.069% | $1.1M | $479K | 10x | as long as short |
| Bybit BOTUSDTlong | 0.0000% | 8h | 29.070 | long leg | $521K | $577K | 25x | |
| Gate BOT_USDT | 0.0000% | 8h | 29.180 | +0.378% | $250K | $222K | 20x | as long as short |
OKX BOT-USDT-SWAP
tradeXYZ xyz:BOT
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
Bitget BOTUSDT
QFEX BOT-USD
Gate BOT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.100 | +0.103% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.097 | +0.093% | $3K | $35K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT