Funding you earn now, next payment 22:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.009%
Price spread now: Aevo against Lighter−0.093%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1491.488% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)+1.357%+$136 · spread now −0.093%, 7d avg +0.028%
=Together, before fees+1.376%+ Points / potential airdropLighter: Season 3 · farm board+$138 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aevo is 0.121% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2236 | 0.0096 | pay 0.0012% / 1h | 35m 30s | $1.3M | $7.7M | 15x |
| Short | Aevo ARB-PERP | 0.2234 | 0.0080 | get 0.0010% / 1h | 35m 30s | $146K | $12K | 3x |
Lighter ARB
Aevo ARB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- −$3.36
- Price spread: −0.093% → +0.028%
- −$12.06
- Slippage, 4 orders
- −$132.77
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$164.19
- Costs to cover
- 1.488%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Aevo: live order book, 53 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 Lighter live order book, 3 min ago | 1.79 bp | 2.8 bp −$3 | 14.1 bp −$141 | 99.8 bp −$9,977 | doesn't fit |
| Sell Aevo live order book, 53 min ago | 35.52 bp | 65.4 bp −$65 | doesn't fit | doesn't fit | 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 | −0.1675% | 1h | 0.2227 | −0.403% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0304% | 1h | 0.2237 | +0.040% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0209% | 8h | 0.2237 | +0.027% | $56.6M | $136.3M | 50x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2232 | −0.172% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0073% | 8h | 0.2236 | +0.009% | $22.2M | $165.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0073% | 8h | 0.2235 | −0.045% | $37.6M | $63.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0060% | 1h | 0.2233 | −0.152% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2233 | −0.117% | $1.1M | $5.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0019% | 1h | 0.2233 | −0.116% | $37K | $18K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2233 | −0.134% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0003% | 1h | 0.2237 | +0.063% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2235 | −0.048% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2234 | −0.108% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0007% | 8h | 0.2237 | +0.040% | $5.5M | $21.5M | 60x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2236 | −0.016% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0009% | 8h | 0.2237 | +0.054% | $63.6M | $326.2M | 75x | as long as short |
| BloFin ARB-USDT | +0.0031% | 8h | 0.2235 | −0.063% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERPshort | +0.0080% | 1h | 0.2234 | −0.093% | $146K | $12K | 3x | |
| BingX ARB-USDT | +0.0084% | 8h | 0.2236 | 0.000% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2236 | 0.000% | $21.0M | $38.8M | 50x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2236 | long leg | $1.3M | $7.7M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.045% | $40.0M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2234 | −0.085% | $695K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2236 | −0.018% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2236 | −0.004% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2233 | −0.148% | $38K | $449K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2236 | +0.005% | $482K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2235 | −0.045% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2233 | −0.134% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2231 | −0.237% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2232 | −0.179% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2234 | −0.106% | $818K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2234 | −0.089% | $506K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2236 | +0.017% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0536% | 1h | 0.2236 | +0.018% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2239 | +0.136% | $492K | $2.9M | 10x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
BingX ARB-USDT
Bitget ARBUSDT
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC