Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Bybit+0.116%7-day average +0.989% · you sell dearer than you buy
Net, funding: paid 7d − costs−$416as in the Funding arb table
Net, price: spread back to 7d avg − costs−$510as in the Price arb table
costs, in and out, $10k−$4234.228% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)+0.507%+$51 · spread now +0.116%, 7d avg +0.989%
=Together, before fees+0.574%+ Points / potential airdropLighter RH: Points live · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.873% cheaper against Bybit than usual: you would sell low and buy high (spread +0.116% now, against its 7-day average of +0.989%). If the spread goes back, that is −$87 on $10k: about 3 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CLSKUSDT | 14.670 | 0 | get 0.0000% / 8h | 2h 08m | $43K | $320K | 25x |
| Short | Lighter RH CLSK | 14.687 | 0.0032 | get 0.0004% / 1h | 8m 45s | $24K | $109K | 10x |
Bybit CLSKUSDT
Lighter RH CLSKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: +0.116% → +0.989%
- −$87.35
- Slippage, 4 orders
- −$411.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$503.45
- Costs to cover
- 4.228%
- Break-even
- 531.4 days
Slippage from Bybit: live order book, 31 min ago; Lighter RH: live order book, 38 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 Bybit live order book, 31 min ago | 10.28 bp | 140.1 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 38 min ago | 18.43 bp | 109.9 bp −$110 | doesn't fit | doesn't fit | doesn't fit |
CLSK on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CLSKUSDTlong | 0.0000% | 8h | 14.670 | long leg | $43K | $320K | 25x | |
| Gate CLSK_USDT | 0.0000% | 8h | 14.666 | −0.027% | $4K | $8K | 20x | as long as short |
| Bitget CLSKUSDT | 0.0000% | 8h | 14.677 | +0.048% | $45K | $121K | 20x | as long as short |
| Lighter RH CLSKshort | +0.0032% | 1h | 14.687 | +0.116% | $24K | $109K | 10x | |
| Extended CLSK-USD | +0.0040% | 1h | 14.850 | +1.227% | — | — | 5x | as long as short |
Gate CLSK_USDT
Bitget CLSKUSDT
Extended CLSK-USD