Funding you earn now, next payment 05:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h +0.046%
Price spread now: Lighter RH against Bybit−0.035%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 RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Lighter RH is 0.035% cheaper against Bybit than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 9.3 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOFIUSDT | 17.030 | 0.0019 | pay 0.0019% / 8h | 3h 48m | $544K | $841K | 25x |
| Short | Lighter RH SOFI | 17.024 | 0.0032 | get 0.0004% / 1h | 48m 16s | $31K | $16K | 10x |
Bybit SOFIUSDT
Lighter RH SOFIFunding 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
- $2.66
- Price spread: −0.035% → 0.000%
- −$3.52
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$11.86
- Costs to cover
- 0.110%
- Break-even
- 38.2 days
Slippage unknown: Bybit: live order book, 2 min ago; Lighter RH: no order-book sample. 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 Bybit live order book, 2 min ago | 2.94 bp | 13.7 bp −$14 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
| Sell Lighter RH no order-book sample | — | — | — | — | — |
Lighter RH: 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.
SOFI on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOFI_USDT | 0.0000% | 8h | 17.022 | −0.047% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.999 | −0.182% | $539K | $154K | 20x | as long as short |
| Bybit SOFIUSDTlong | +0.0019% | 8h | 17.030 | long leg | $544K | $841K | 25x | |
| Lighter RH SOFIshort | +0.0032% | 1h | 17.024 | −0.035% | $31K | $16K | 10x | |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.294% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.206% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFI | +0.0060% | 1h | 16.985 | −0.264% | $100K | $44K | 10x | as long as short |
| edgeX SOFIUSDC | +0.0246% | 4h | 17.014 | −0.095% | $12K | $244K | 10x | as long as short |
| Binance SOFIUSDT | +0.0780% | 8h | 17.009 | −0.125% | $1.6M | $716K | 25x | as long as short |
Gate SOFI_USDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Paragon para:SOFI
edgeX SOFIUSDC
Binance SOFIUSDT