Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.051%
Price spread now: Bybit against Lighter−0.553%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−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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.553% cheaper against Lighter than usual: you would sell low and buy high (−$55 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 | Lighter BOT | 29.654 | 0.0032 | pay 0.0004% / 1h | 49m 30s | $68K | $2K | 3x |
| Short | Bybit BOTUSDT | 29.490 | 0 | get 0.0000% / 8h | 6h 49m | $469K | $436K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. 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
- −$6.72
- Price spread: −0.553% → 0.000%
- −$55.3
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$73.02
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 10 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 10 min ago | 3.39 bp | 80.0 bp −$80 | 215.6 bp −$2,156 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | −0.1885% | 8h | 29.500 | −0.519% | $96K | $313K | 20x | as long as short |
| Binance BOTUSDT | −0.1429% | 8h | 29.517 | −0.461% | $454K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1357% | 8h | 29.510 | −0.484% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.1239% | 8h | 29.530 | −0.418% | $235K | $233K | 20x | as long as short |
| QFEX BOT-USD | −0.0320% | 1h | 29.500 | −0.519% | $1.2M | $524K | 10x | as long as short |
| Bybit BOTUSDTshort | 0.0000% | 8h | 29.490 | −0.553% | $469K | $436K | 25x | |
| Gate BOT_USDT | 0.0000% | 8h | 29.570 | −0.283% | $256K | $240K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.570 | −0.283% | $250K | $132K | 5x | as long as short |
| Lighter BOTlong | +0.0032% | 1h | 29.654 | long leg | $68K | $2K | 3x | |
| Arcus BOT-USD | +0.0040% | 1h | 29.470 | −0.620% | $3K | $9K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | +0.0050% | 1h | 29.476 | −0.600% | $3.1M | $831K | 10x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.540 | −0.384% | $3K | $34K | 10x | as long as short |
Lighter BOT
Bybit BOTUSDT
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
OKX BOT-USDT-SWAP
Gate BOT_USDT
Bitget BOTUSDT
tradeXYZ xyz:BOT
HTX BOT-USDT