BTC funding arbitrage: lighter_rh vs variational

Long BTC on lighter_rh against short BTC on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
Longlighter_rhBTC0.0012% / 1h+10.51%$61.60M$25.57M
ShortvariationalBTC0.0097% / 8h+10.64%$334.28M$327.16M

Funding spread +0.12% APR. Price spread -0.0316%.

Data generated at 2026-09-01T05:32:58Z. Live numbers load on this page automatically.