Funding you earn now, next payment 23:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.022%
Price spread now: Lighter against Gate+0.107%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 7 days−0.120%−$12 · spread now +0.107%, 7d avg +0.029%
=Together, before fees+0.006%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.078% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2239 | 0.0035 | pay 0.0035% / 8h | 1h 17m | $5.5M | $20.7M | 60x |
| Short | Lighter ARB | 0.2242 | 0.0096 | get 0.0012% / 1h | 17m 27s | $1.3M | $7.4M | 15x |
Gate ARB_USDT
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $12.81
- Price spread: +0.107% → +0.029%
- $7.8
- Slippage, 4 orders
- −$40.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$35.1
- Costs to cover
- 0.557%
- Break-even
- 26.2 days
Slippage from Gate: live order book, 1 min ago; Lighter: live order book, 6 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 Gate live order book, 1 min ago | 1.79 bp | 16.5 bp −$17 | 30.6 bp −$306 | 80.3 bp −$8,031 | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.01 bp | 8.9 bp −$9 | 22.3 bp −$223 | 114.7 bp −$11.5K | 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 | −0.1770% | 1h | 0.2230 | −0.420% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2239 | 0.000% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0196% | 1h | 0.2238 | −0.049% | $4K | $2.8M | 5x | as long as short |
| Variational Omni ARB | −0.0168% | 8h | 0.2238 | −0.050% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0147% | 8h | 0.2238 | −0.076% | $57.9M | $133.0M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0125% | 1h | 0.2239 | −0.018% | $73K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2238 | −0.076% | $22.5M | $160.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0100% | 8h | 0.2239 | −0.018% | $37.2M | $62.7M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0063% | 1h | 0.2239 | −0.009% | $26K | $32K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0037% | 8h | 0.2238 | −0.063% | $10K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0008% | 8h | 0.2238 | −0.057% | $64.1M | $316.8M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2237 | −0.101% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2242 | +0.102% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2240 | +0.006% | $56K | — | 150x | as long as short |
| Gate ARB_USDTlong | +0.0035% | 8h | 0.2239 | long leg | $5.5M | $20.7M | 60x | |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2239 | −0.018% | $21.0M | $37.2M | 50x | as long as short |
| BingX ARB-USDT | +0.0068% | 8h | 0.2238 | −0.049% | — | $53.2M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2240 | +0.004% | $146K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2240 | +0.041% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2242 | +0.107% | $1.3M | $7.4M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2241 | +0.076% | $40.0M | $50.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2239 | +0.002% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2242 | +0.105% | $44K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2241 | +0.076% | $20.7M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2239 | −0.003% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2239 | −0.002% | $486K | $3.8M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2240 | +0.027% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2241 | +0.071% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2238 | −0.063% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2239 | −0.018% | $5.2M | $13.4M | 50x | as long as short |
| BloFin ARB-USDT | +0.0112% | 8h | 0.2239 | 0.000% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2242 | +0.116% | $506K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2239 | −0.015% | $840K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2238 | −0.065% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2242 | +0.111% | $496K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0624% | 1h | 0.2243 | +0.143% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP