BTC funding arbitrage: lighter vs variational
Long BTC on lighter against short BTC on variational.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | lighter | BTC | 0.0012% / 1h | +10.51% | $619.34M | $314.66M |
| Short | variational | BTC | 0.0097% / 8h | +10.64% | $334.28M | $327.16M |
Funding spread +0.12% APR. Price spread -0.0454%.
Data generated at 2026-09-01T05:32:58Z. Live numbers load on this page automatically.