SPY funding arbitrage: bybit vs lighter

Long SPYUSDT on bybit against short SPY on lighter.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitSPYUSDT0.0000% / 8h+0.00%$1.44M$2.20M
ShortlighterSPY0.0004% / 1h+3.50%$5.35M$8.94M

Funding spread +3.50% APR. Price spread -0.1654%.

Data generated at 2026-09-01T05:32:48Z. Live numbers load on this page automatically.