Funding you earn now, next payment 03:00 UTC+0.0754%/8h= +82.5% APRpaid last 24h +0.201%
Price spread now: Lighter against Bybit+0.144%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
Funding, last 7 days+0.549%+$55 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.144%, 7d avg +0.227%
=Together, before fees+0.645%+ Points / potential airdropLighter: Season 3 · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.083% cheaper against Bybit than usual: you would sell low and buy high (spread +0.144% now, against its 7-day average of +0.227%). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.549% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CCUSDT | 0.1178 | −0.0250 | get 0.0125% / 4h | 1h 56m | $10.7M | $3.9M | 25x |
| Short | Lighter CC | 0.1180 | 0.0504 | get 0.0063% / 1h | 56m 45s | $238K | $154K | 5x |
Bybit CCUSDT
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $158.31
- Price spread: +0.144% → +0.227%
- −$8.25
- Slippage, 4 orders
- −$109
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $30.05
- Costs to cover
- 1.200%
- Break-even
- 5.7 days
Slippage from Bybit: live order book, 1 min ago; Lighter: live order book, 54 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 Bybit live order book, 1 min ago | 5.53 bp | 36.9 bp −$37 | 495.7 bp −$4,957 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 54 min ago | 8.06 bp | 9.3 bp −$9 | 256.2 bp −$2,562 | doesn't fit | doesn't fit |
CC on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.4093% | 1h | 0.1173 | −0.424% | $6K | $96 | 5.5x | as long as short |
| Bybit CCUSDTlong | −0.0250% | 4h | 0.1178 | long leg | $10.7M | $3.9M | 25x | |
| MEXC CC_USDT | −0.0218% | 4h | 0.1176 | −0.136% | $1.6M | $311K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0094% | 8h | 0.1174 | −0.349% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1174 | −0.303% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1176 | −0.144% | $11.1M | $12.0M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1179 | +0.051% | $2.6M | $3.5M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1177 | −0.102% | $366K | $216K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1177 | −0.051% | $484K | $121K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1178 | −0.017% | $924K | $796K | 20x | as long as short |
Injective CC/USDC PERP
MEXC CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1177 | −0.093% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1173 | −0.390% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1180 | +0.178% | $601K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1178 | −0.016% | $91K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1173 | −0.389% | $6K | $36K | 6.7x | as long as short |
| Hyperliquid CC | +0.0115% | 1h | 0.1181 | +0.221% | $5.5M | $1.4M | 3x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0449% / S −0.0241% | 1h | 0.1175 | −0.240% | $44K | — | 50x | as long as short |
| Lighter CCshort | +0.0504% | 1h | 0.1180 | +0.144% | $238K | $154K | 5x |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Hyperliquid CC
GMX CC/USD [WBTC.b-USDC]