Funding you earn now, next payment 08:00 UTC+0.2052%/8h= +224.7% APRpaid last 24h +0.359%
Price spread now: Lighter against Bybit+0.539%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.095%+$109 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$62 a day on $10k at the current rate, and Lighter is 0.539% dearer against Bybit than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.095% in total (about 57.1% 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 | Bybit APEXUSDT | 0.2634 | 0.0100 | pay 0.0050% / 4h | 18m 15s | $3.7M | $1.3M | 25x |
| Short | Lighter APEX | 0.2648 | 0.2152 | get 0.0269% / 1h | 18m 15s | $59K | $26K | 5x |
Bybit APEXUSDT
Lighter APEXFunding 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
- $430.92
- Price spread: +0.539% → 0.000%
- $53.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $473.83
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 4 min ago; Lighter: 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, 4 min ago | 5.71 bp | 51.9 bp −$52 | 737.4 bp −$7,374 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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.
APEX on 8 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 APEX-USDT | +0.0097% | 4h | 0.2637 | +0.114% | $95K | $3K | 25x | as long as short |
| Bybit APEXUSDTlong | +0.0100% | 4h | 0.2634 | long leg | $3.7M | $1.3M | 25x | |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2635 | +0.038% | $652K | $278K | 50x | as long as short |
| BingX APEX-USDT | +0.0100% | 4h | 0.2634 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2629 | −0.188% | $20K | $5K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2640 | +0.228% | $136K | $346K | 50x | as long as short |
| Hyperliquid APEX | +0.0684% | 1h | 0.2641 | +0.277% | $3.0M | $113K | 3x | as long as short |
| Lighter APEXshort | +0.2152% | 1h | 0.2648 | +0.539% | $59K | $26K | 5x |
BloFin APEX-USDT
MEXC APEX_USDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
Hyperliquid APEX