Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.036%
Price spread now: Bybit against Lighter+0.014%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days−0.402%−$40 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.014%, 7d avg −0.038%
=Together, before fees−0.506%+ Points / potential airdropLighter: Season 3 · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.052% dearer against Lighter than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.038%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.402% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 956.62 | 0.0032 | pay 0.0004% / 1h | 29m 28s | $27K | $103K | 10x |
| Short | Bybit LITEUSDT | 956.75 | 0 | get 0.0000% / 8h | 2h 29m | $1.9M | $1.8M | 25x |
Lighter LITE
Bybit LITEUSDTFunding 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: +0.014% → −0.038%
- $5.15
- Slippage, 4 orders
- −$20.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$32.96
- Costs to cover
- 0.314%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 52 min ago; Bybit: live order book, 2 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 live order book, 52 min ago | 0.99 bp | 2.3 bp −$2 | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.13 bp | 14.8 bp −$15 | 79.8 bp −$798 | doesn't fit | doesn't fit |
LITE on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LITE-USDT | 0.0000% | 8h | 957.14 | +0.054% | $224K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 956.41 | −0.022% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 956.81 | +0.019% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 957.25 | +0.066% | $13.7M | $45.1M | 25x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 956.75 | +0.014% | $1.9M | $1.8M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 956.70 | +0.008% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 957.36 | +0.077% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 956.67 | +0.005% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 956.83 | +0.022% | $241K | $143K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 956.79 | +0.018% | $737 | $255K | 10x | as long as short |
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 957.00 | +0.040% | $946 | $4.2M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 956.96 | +0.036% | $18K | $36K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 957.25 | +0.066% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 957.42 | +0.084% | $1.5M | $684K | 10x | as long as short |
| QFEX LITE-USD | +0.0018% | 1h | 956.87 | +0.026% | $1.1M | $5.1M | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 956.62 | long leg | $27K | $103K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 956.51 | −0.011% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 957.16 | +0.056% | $31K | $484K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 956.89 | +0.028% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 956.95 | +0.034% | $174K | $155K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 956.37 | −0.026% | $515K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 956.41 | −0.022% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 956.81 | +0.020% | $930 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 956.73 | +0.012% | — | — | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | +0.0120% | 1h | 956.59 | −0.003% | $118K | $337K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0151% | 1h | 957.53 | +0.095% | $7.2M | $5.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0221% | 4h | 956.92 | +0.031% | $68K | $460K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Coinbase International LITE-PERP-INTX
tradeXYZ xyz:LITE
edgeX LITEUSDC