Funding you earn now, next payment 03:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h 0.000%
Price spread now: Lighter against BloFin−0.054%90s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−2.268%−$227 · spread now −0.054%, 7d avg +0.014%
=Together, before fees−2.338%+ Points / potential airdropLighter: Season 3 · farm board−$234 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.068% cheaper against BloFin than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.014%). If the spread goes back, that is −$7 on $10k: about 3.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2214 | 0.0022 | pay 0.0022% / 8h | 5h 39m | $3.1M | $2.7M | 75x |
| Short | Lighter ARB | 0.2213 | 0.0096 | get 0.0012% / 1h | 39m 45s | $1.2M | $6.4M | 15x |
BloFin ARB-USDT
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $15.45
- Price spread: −0.054% → +0.014%
- −$6.78
- Slippage, 4 orders
- −$31.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$34.67
- Costs to cover
- 0.433%
- Break-even
- 22.7 days
Slippage from BloFin: live order book, 3 min ago; Lighter: live order book, 8 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 BloFin live order book, 3 min ago | 1.35 bp | 14.2 bp −$14 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 1.36 bp | 8.0 bp −$8 | 20.9 bp −$209 | 97.4 bp −$9,740 | 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 | −0.1577% | 1h | 0.2205 | −0.398% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0158% | 1h | 0.2214 | −0.009% | $10K | $2.4M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0156% | 1h | 0.2215 | +0.041% | $24K | $34K | 25x | as long as short |
| Variational Omni ARB | −0.0150% | 8h | 0.2215 | +0.046% | $1.9M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2214 | +0.014% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0135% | 8h | 0.2213 | −0.041% | $22.2M | $151.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0133% | 8h | 0.2213 | −0.032% | $38.2M | $59.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2216 | +0.087% | $1.1M | $4.6M | 50x | as long as short |
| Bybit ARBUSDT | −0.0088% | 8h | 0.2213 | −0.023% | $56.2M | $126.4M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0085% | 1h | 0.2215 | +0.054% | $96K | $2.1M | 10x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0085% | 8h | 0.2213 | −0.027% | $5.4M | $19.0M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0072% | 8h | 0.2214 | +0.009% | $12K | $384K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2216 | +0.080% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2215 | +0.071% | $11K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0005% | 8h | 0.2213 | −0.032% | $64.5M | $308.6M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2212 | −0.059% | $353K | $2.5M | 25x | as long as short |
| ApeX Omni ARBUSDT | +0.0022% | 1h | 0.2223 | +0.416% | $120K | $283K | 50x | as long as short |
| BloFin ARB-USDTlong | +0.0022% | 8h | 0.2214 | long leg | $3.1M | $2.7M | 75x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2215 | +0.064% | $140K | $7K | 3x | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2213 | −0.054% | $1.2M | $6.4M | 15x | |
| Bitget ARBUSDT | +0.0098% | 8h | 0.2212 | −0.081% | $21.2M | $35.0M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2214 | +0.009% | $38.4M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2215 | +0.038% | $649K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2214 | +0.008% | $42K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2215 | +0.045% | $19.5M | $15.5M | 75x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2215 | +0.054% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2222 | +0.355% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2221 | +0.343% | $477K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2217 | +0.145% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2214 | +0.009% | $297K | $946K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2214 | +0.009% | $5.0M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2224 | +0.465% | $508K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2216 | +0.111% | $488K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2215 | +0.052% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2214 | −0.012% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0547% | 1h | 0.2217 | +0.163% | $999K | $2.8M | 20x | as long as short |
Gate ARB_USDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
ApeX Omni ARBUSDT
Aevo ARB-PERP
Bitget ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP