Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter RH−0.082%7-day average −1.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$402as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$3953.952% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.427%−$43 · spread now −0.082%, 7d avg −1.001%
=Together, before fees−0.494%+ Points / potential airdropLighter RH: Points live · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.919% dearer against Lighter RH than usual: you sell high and buy low (spread −0.082% now, against its 7-day average of −1.001%): +$92 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CLSK | 14.682 | 0.0032 | pay 0.0004% / 1h | 48m 22s | $24K | $108K | 10x |
| Short | Bybit CLSKUSDT | 14.670 | 0 | get 0.0000% / 8h | 3h 48m | $43K | $317K | 25x |
Lighter RH CLSK
Bybit CLSKUSDTFunding 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
- −$6.72
- Price spread: −0.082% → −1.001%
- $91.91
- Slippage, 4 orders
- −$384.16
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$309.96
- Costs to cover
- 3.952%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Bybit: live order book, 61 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, 4 min ago | 16.68 bp | 57.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 61 min ago | 17.04 bp | 112.0 bp −$112 | 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 CLSKUSDTshort | 0.0000% | 8h | 14.670 | −0.082% | $43K | $317K | 25x | |
| Gate CLSK_USDT | 0.0000% | 8h | 14.718 | +0.245% | $4K | $8K | 20x | as long as short |
| Bitget CLSKUSDT | 0.0000% | 8h | 14.749 | +0.456% | $46K | $120K | 20x | as long as short |
| Lighter RH CLSKlong | +0.0032% | 1h | 14.682 | long leg | $24K | $108K | 10x | |
| Extended CLSK-USD | +0.0040% | 1h | 14.850 | +1.144% | — | — | 5x | as long as short |
Gate CLSK_USDT
Bitget CLSKUSDT
Extended CLSK-USD