Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.010%
Price spread now: Bybit against Lighter−0.071%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+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 0.071% cheaper against Lighter than usual: you would sell low and buy high (−$7 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 DELL | 575.68 | 0.0032 | pay 0.0004% / 1h | 50m 54s | $34K | $12K | 10x |
| Short | Bybit DELLUSDT | 575.27 | 0 | get 0.0000% / 8h | 4h 50m | $6.2M | $3.8M | 50x |
Lighter DELL
Bybit DELLUSDTFunding 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: −0.071% → 0.000%
- −$7.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$24.84
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 5 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, 5 min ago | 1.82 bp | 12.0 bp −$12 | 80.8 bp −$808 | 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.
DELL on 20 exchanges
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 DELLUSDT | 0.0000% | 8h | 575.07 | −0.106% | $21K | $49K | 20x | as long as short |
| Bybit DELLUSDTshort | 0.0000% | 8h | 575.27 | −0.071% | $6.2M | $3.8M | 50x | |
| Bitget DELLUSDT | 0.0000% | 8h | 575.31 | −0.064% | $3.7M | $4.5M | 20x | as long as short |
| Lighter DELLlong | +0.0032% | 1h | 575.68 | long leg | $34K | $12K | 10x | |
| Injective DELL/USDC PERP | +0.0033% | 1h | 573.13 | −0.443% | $4K | $10K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 575.10 | −0.101% | $7.6M | $6.7M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 575.00 | −0.118% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.11 | −0.099% | $941K | $253K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 575.73 | +0.009% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 575.45 | −0.040% | $17K | $52K | 10x | as long as short |
Aster DELLUSDT
Bitget DELLUSDT
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DELL-USDT-SWAP | +0.0148% | 8h | 575.21 | −0.082% | $5.8M | $6.8M | 20x | as long as short |
| Gate DELL_USDT | +0.0263% | 8h | 575.30 | −0.066% | $4.0M | $6.3M | 50x | as long as short |
| edgeX DELLUSDC | +0.0336% | 4h | 575.66 | −0.004% | $5K | $332K | 10x | as long as short |
| Variational Omni DELL | +0.0404% | 8h | 575.44 | −0.041% | $259K | $50K | — | as long as short |
| Nado DELL-PERP | +0.0461% | 1h | 575.29 | −0.067% | $69K | $20K | 10x | as long as short |
| BloFin DELL-USDT | +0.0480% | 8h | 575.20 | −0.083% | $327K | $243K | 20x | as long as short |
| Extended DELL-USD | +0.0496% | 1h | 575.06 | −0.108% | $336K | $2.6M | 10x | as long as short |
| Binance DELLUSDT | +0.0499% | 8h | 575.35 | −0.057% | $18.3M | $67.6M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.1012% | 8h | 575.84 | +0.028% | $939 | $132K | 10x | as long as short |
| Phoenix DELL | +0.1028% | 1h | 575.78 | +0.017% | $3K | $230K | 10x | as long as short |
OKX DELL-USDT-SWAP
Gate DELL_USDT
edgeX DELLUSDC
Variational Omni DELL
Nado DELL-PERP
BloFin DELL-USDT
Extended DELL-USD
Binance DELLUSDT
GRVT DELL_USDT_Perp
Phoenix DELL