Funding you earn now, next payment 05:00 UTC−0.1950%/8h= −213.6% APRpaid last 24h −0.040%
Price spread now: Bybit against Lighter−0.208%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$570.565% of the position
Funding, last 7 days−0.357%−$36 on $10k
+Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.208%, 7d avg −0.032%
=Together, before fees−0.182%+ Points / potential airdropLighter: Season 3 · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and Bybit is 0.176% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.357% in total (about -18.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNITREE | 73.533 | −0.0216 | get 0.0027% / 1h | 59m 26s | $198K | $91K | 5x |
| Short | Bybit UNITREEUSDT | 73.380 | −0.2166 | pay 0.2166% / 8h | 3h 59m | $1.2M | $1.0M | 25x |
Funding 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
- −$409.57
- Price spread: −0.208% → −0.032%
- −$17.63
- Slippage, 4 orders
- −$45.55
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$483.74
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 40 min ago; Bybit: live order book, 1 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, 40 min ago | 3.91 bp | 8.8 bp −$9 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.40 bp | 12.6 bp −$13 | 90.9 bp −$909 | doesn't fit | doesn't fit |
UNITREE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:UNITREE | −0.3626% | 1h | 73.383 | −0.203% | $1.7M | $327K | 10x | as long as short |
| Binance UNITREEUSDT | −0.2796% | 4h | 73.438 | −0.129% | $13.4M | $16.4M | 20x | as long as short |
| MEXC UNITREE_USDT | −0.2786% | 4h | 73.430 | −0.140% | $3.1M | $267K | 50x | as long as short |
| Extended UNITREE-USD | −0.2784% | 1h | 73.434 | −0.134% | $255K | $14K | 5x | as long as short |
| edgeX UNITREEUSDC | −0.2578% | 4h | 73.356 | −0.240% | $92K | $1.2M | 10x | as long as short |
| Aster UNITREEUSDT | −0.2554% | 4h | 73.540 | +0.010% | $286K | $132K | 20x | as long as short |
| HTX UNITREE-USDT | −0.2472% | 4h | 73.457 | −0.103% | $69K | $194K | 20x | as long as short |
| Bitget UNITREEUSDT | −0.2446% | 4h | 73.420 | −0.154% | $1.7M | $1.5M | 20x | as long as short |
| Bybit UNITREEUSDTshort | −0.2166% | 8h | 73.380 | −0.208% | $1.2M | $1.0M | 25x | |
| tradeXYZ xyz:UNITREE | −0.1947% | 1h | 73.420 | −0.154% | $20.8M | $6.9M | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet UNITREE-USD | −0.1776% | 1h | 73.410 | −0.167% | $3K | $16K | 10x | as long as short |
| Polymarket Perps UNITREE-USD | −0.1720% | 1h | 73.418 | −0.156% | $3K | $15K | 10x | as long as short |
| Ondo Perps UNITREE-USD.P | −0.1717% | 1h | 73.560 | +0.037% | $17K | $2K | 5x | as long as short |
| SoDEX UNITREE-USD | −0.1430% | 1h | 73.470 | −0.086% | $15K | $4K | 5x | as long as short |
| OKX UNITREE-USDT-SWAP | −0.1368% | 8h | 73.330 | −0.276% | $5.4M | $9.6M | 20x | as long as short |
| Gate UNITREE_USDT | −0.0872% | 4h | 73.332 | −0.273% | $4.9M | $2.5M | 50x | as long as short |
| ApeX Omni UNITREEUSDT | −0.0651% | 1h | 73.570 | +0.050% | $23K | $144K | 50x | as long as short |
| Lighter UNITREElong | −0.0216% | 1h | 73.533 | long leg | $198K | $91K | 5x | |
| Orderly PERP_UNITREE_USDC_mythos | −0.0100% | 8h | 73.400 | −0.181% | $998 | $2K | 10x | as long as short |
| SunX UNITREE-USDT | 0.0000% | 4h | 73.770 | +0.322% | — | $3.9M | 10x | as long as short |
Lighter UNITREE
Bybit UNITREEUSDT
Paragon para:UNITREE
Binance UNITREEUSDT
MEXC UNITREE_USDT
Extended UNITREE-USD
edgeX UNITREEUSDC
Aster UNITREEUSDT
HTX UNITREE-USDT
Bitget UNITREEUSDT
tradeXYZ xyz:UNITREE
Bullet UNITREE-USD
Polymarket Perps UNITREE-USD
SoDEX UNITREE-USD
OKX UNITREE-USDT-SWAP
Gate UNITREE_USDT
ApeX Omni UNITREEUSDT
SunX UNITREE-USDT