Funding you earn now, next payment 21:00 UTC−0.0212%/8hpaid last 24h −0.092%
Price spread now: Bybit against Lighter−0.113%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 3 days (all we have)+0.498%+$50 · spread now −0.113%, 7d avg −0.158%
=Together, before fees+0.111%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.044% dearer against Lighter than usual: you sell high and buy low (spread −0.113% now, against its 7-day average of −0.158%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STRK | 0.04418 | 0.0312 | pay 0.0039% / 1h | 51m 54s | $273K | $604K | 5x |
| Short | Bybit STRKUSDT | 0.04413 | 0.0100 | get 0.0050% / 4h | 3h 51m | $15.5M | $21.1M | 50x |
Lighter STRK
Bybit STRKUSDTFunding 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
- −$44.52
- Price spread: −0.113% → −0.158%
- $4.43
- Slippage, 4 orders
- −$53.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$104.53
- Costs to cover
- 0.644%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 37 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, 37 min ago | 5.64 bp | 23.4 bp −$23 | 58.5 bp −$585 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.14 bp | 13.6 bp −$14 | 43.8 bp −$438 | doesn't fit | doesn't fit |
STRK on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International STRK-PERP-INTX | −0.0304% | 1h | 0.04401 | −0.385% | $64K | $89K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0235% | 1h | 0.04411 | −0.164% | $473K | $506K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04406 | −0.272% | $21K | $24K | 5x | as long as short |
| Gate STRK_USDT | +0.0004% | 4h | 0.04415 | −0.068% | $605K | $1.6M | 50x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +14.758% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0099% | 8h | 0.04404 | −0.322% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04416 | −0.045% | $15.4M | $7.6M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04411 | −0.168% | $35K | $386K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04406 | −0.267% | $42K | $49K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04415 | −0.063% | $12.7M | $52.3M | 75x | as long as short |
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
dYdX STRK-USD
Gate STRK_USDT
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDTshort | +0.0100% | 4h | 0.04413 | −0.113% | $15.5M | $21.1M | 50x | |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04413 | −0.113% | $4.9M | $25.1M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04408 | −0.226% | $11.7M | $2.2M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04406 | −0.272% | $1.5M | $2.0M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04416 | −0.054% | $3.1M | $4.1M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04416 | −0.045% | — | $722K | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04407 | −0.249% | $25K | $159K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04424 | +0.127% | $256K | $996K | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04421 | +0.069% | $190K | $3.4M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04508 | +2.037% | $1K | $801K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04415 | −0.075% | $121K | $650K | 10x | as long as short |
| BloFin STRK-USDT | +0.0115% | 4h | 0.04410 | −0.181% | $776K | $733K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0203% | 1h | 0.04413 | −0.113% | $8K | $34K | 25x | as long as short |
| Lighter STRKlong | +0.0312% | 1h | 0.04418 | long leg | $273K | $604K | 5x |
OKX STRK-USDT-SWAP
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL