Funding you earn now, next payment 03:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h −0.009%
Price spread now: Lighter against Bybit+0.078%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.078% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DELLUSDT | 577.46 | 0.0002 | pay 0.0002% / 8h | 5h 02m | $6.1M | $3.9M | 50x |
| Short | Lighter DELL | 577.91 | 0.0032 | get 0.0004% / 1h | 2m 46s | $34K | $13K | 10x |
Funding 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
- $6.4
- Price spread: +0.078% → 0.000%
- $7.79
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $3.19
- Costs to cover
- 0.110%
- Break-even
- 3.5 days
Slippage unknown: Bybit: live order book, 5 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, 5 min ago | 2.08 bp | 14.8 bp −$15 | 79.1 bp −$791 | 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.
DELL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 577.27 | −0.032% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.36 | −0.017% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 577.15 | −0.054% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDTlong | +0.0002% | 8h | 577.46 | long leg | $6.1M | $3.9M | 50x | |
| Lighter DELLshort | +0.0032% | 1h | 577.91 | +0.078% | $34K | $13K | 10x | |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.003% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 576.87 | −0.102% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 577.24 | −0.038% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.15 | −0.054% | $946K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.04 | +0.100% | $3K | $336 | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 578.00 | +0.094% | $17K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0454% | 8h | 577.29 | −0.029% | $5.8M | $6.6M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0480% | 8h | 577.96 | +0.086% | $902 | $151K | 10x | as long as short |
| edgeX DELLUSDC | +0.0499% | 4h | 577.81 | +0.061% | $5K | $334K | 10x | as long as short |
| Variational Omni DELL | +0.0513% | 8h | 577.78 | +0.056% | $264K | $86K | — | as long as short |
| Binance DELLUSDT | +0.0611% | 8h | 577.46 | 0.000% | $18.7M | $65.0M | 20x | as long as short |
| Extended DELL-USD | +0.0616% | 1h | 577.34 | −0.020% | $335K | $1.2M | 10x | as long as short |
| BloFin DELL-USDT | +0.0632% | 8h | 577.50 | +0.007% | $275K | $220K | 20x | as long as short |
| Nado DELL-PERP | +0.0678% | 1h | 577.19 | −0.047% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0723% | 1h | 577.65 | +0.033% | $3K | $258K | 10x | as long as short |
Bybit DELLUSDT
Lighter DELL
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
HTX DELL-USDT
OKX DELL-USDT-SWAP
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Variational Omni DELL
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Phoenix DELL