Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.020%
Price spread now: Lighter against Binance+0.248%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days−0.225%−$22 · spread now +0.248%, 7d avg +0.017%
=Together, before fees−0.132%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.231% dearer against Binance than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2258 | 0.0000 | get 0.0000% / 8h | 6m 51s | $66.5M | $313.3M | 75x |
| Short | Lighter ARB | 0.2263 | 0.0096 | get 0.0012% / 1h | 6m 51s | $1.4M | $7.5M | 15x |
Binance ARBUSDT
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $20.2
- Price spread: +0.248% → +0.017%
- $23.13
- Slippage, 4 orders
- −$21.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $11.6
- Costs to cover
- 0.317%
- Break-even
- 3.0 days
Slippage from Binance: live order book, 7 min ago; Lighter: live order book, 7 min ago.
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 Binance live order book, 7 min ago | 0.22 bp | 6.9 bp −$7 | 17.9 bp −$179 | 73.2 bp −$7,322 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 1.98 bp | 9.3 bp −$9 | 19.9 bp −$199 | 109.5 bp −$10.9K | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1785% | 1h | 0.2256 | −0.071% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0240% | 1h | 0.2261 | +0.133% | $66K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2260 | +0.106% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0192% | 8h | 0.2264 | +0.262% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0180% | 8h | 0.2256 | −0.049% | $58.1M | $128.0M | 50x | as long as short |
| SoDEX ARB-USD | −0.0179% | 1h | 0.2261 | +0.168% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0113% | 8h | 0.2257 | −0.022% | $22.8M | $158.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0112% | 8h | 0.2258 | −0.004% | $38.3M | $60.2M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0103% | 1h | 0.2262 | +0.208% | $25K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2262 | +0.195% | $13K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0016% | 8h | 0.2258 | +0.027% | $5.4M | $20.3M | 60x | as long as short |
| Binance ARBUSDTlong | 0.0000% | 8h | 0.2258 | long leg | $66.5M | $313.3M | 75x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2263 | +0.224% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2258 | +0.028% | $361K | $2.3M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2264 | +0.265% | $56K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0053% | 8h | 0.2262 | +0.199% | $3.1M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2256 | −0.071% | $21.3M | $36.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0059% | 8h | 0.2256 | −0.093% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2263 | +0.239% | $148K | $12K | 3x | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2263 | +0.248% | $1.4M | $7.5M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2262 | +0.177% | $41.0M | $47.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2261 | +0.142% | $705K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2263 | +0.259% | $47K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2258 | +0.035% | $19.6M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2263 | +0.220% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2263 | +0.239% | $485K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2264 | +0.283% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2264 | +0.283% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2262 | +0.177% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2262 | +0.195% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2268 | +0.461% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2264 | +0.281% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2261 | +0.129% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2263 | +0.233% | $925K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2263 | +0.224% | $514K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0459% | 1h | 0.2263 | +0.248% | $1.0M | $2.8M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP