Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.027%
Price spread now: Lighter against Extended+0.125%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.125%, 7d avg +0.115%
=Together, before fees+0.047%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.115%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2203 | 0.0016 | pay 0.0002% / 1h | 28m 24s | $352K | $2.5M | 25x |
| Short | Lighter ARB | 0.2206 | 0.0096 | get 0.0012% / 1h | 28m 24s | $1.2M | $5.7M | 15x |
Extended ARB-USD
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $16.8
- Price spread: +0.125% → +0.115%
- $1.08
- Slippage, 4 orders
- −$51.1
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$38.22
- Costs to cover
- 0.561%
- Break-even
- 22.9 days
Slippage from Extended: live order book, 5 min ago; Lighter: live order book, 5 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 Extended live order book, 5 min ago | 15.98 bp | 18.5 bp −$18 | 79.2 bp −$792 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.82 bp | 10.5 bp −$11 | 29.3 bp −$293 | 113.9 bp −$11.4K | 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 | −0.1649% | 1h | 0.2206 | +0.130% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2203 | +0.012% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0133% | 8h | 0.2203 | −0.006% | $22.2M | $148.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0131% | 8h | 0.2205 | +0.071% | $42.0M | $60.7M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0130% | 1h | 0.2204 | +0.039% | $91K | $2.2M | 10x | as long as short |
| Variational Omni ARB | −0.0107% | 8h | 0.2202 | −0.040% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0074% | 8h | 0.2204 | +0.039% | $12K | $395K | 10x | as long as short |
| Gate ARB_USDT | −0.0070% | 8h | 0.2205 | +0.080% | $5.3M | $18.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0028% | 8h | 0.2204 | +0.026% | $55.6M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2214 | +0.487% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Variational Omni ARB
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2205 | +0.066% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2204 | +0.053% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2205 | +0.106% | $32K | — | 150x | as long as short |
| Extended ARB-USDlong | +0.0016% | 1h | 0.2203 | long leg | $352K | $2.5M | 25x | |
| Binance ARBUSDT | +0.0017% | 8h | 0.2204 | +0.054% | $64.1M | $307.8M | 75x | as long as short |
| BloFin ARB-USDT | +0.0059% | 8h | 0.2211 | +0.352% | $3.1M | $2.6M | 75x | as long as short |
| BingX ARB-USDT | +0.0064% | 8h | 0.2205 | +0.089% | — | $53.9M | — | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2203 | −0.006% | $20.9M | $34.9M | 50x | as long as short |
| SoDEX ARB-USD | +0.0072% | 1h | 0.2204 | +0.044% | $10K | $2.3M | 5x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2205 | +0.085% | $140K | $7K | 3x | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2206 | +0.125% | $1.2M | $5.7M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2207 | +0.157% | $37.9M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2206 | +0.149% | $635K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2205 | +0.070% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2206 | +0.144% | $19.5M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2203 | −0.018% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2204 | +0.039% | $477K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2195 | −0.369% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2207 | +0.175% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2213 | +0.434% | $300K | $952K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2210 | +0.311% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2213 | +0.448% | $494K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2205 | +0.072% | $462K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2205 | +0.088% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2205 | +0.084% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0647% | 1h | 0.2214 | +0.479% | $997K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
BloFin ARB-USDT
BingX ARB-USDT
Bitget ARBUSDT
SoDEX ARB-USD
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
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP