Funding you earn now, next payment 02:00 UTC−0.0165%/8h= −18.1% APRnext payment −$0.21 per $10,000 · paid last 24h −0.011%
Price spread now: ApeX Omni against Lighter−0.383%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.942%+$94 · spread now −0.383%, 7d avg +0.008%
=Together, before fees+0.971%+ Points / potential airdropLighter: Season 3 · farm board+$97 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.391% cheaper against Lighter than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2220 | 0.0096 | pay 0.0012% / 1h | 25m 15s | $1.2M | $7.4M | 15x |
| Short | ApeX Omni ARBUSDT | 0.2211 | −0.0069 | pay 0.0009% / 1h | 25m 15s | $119K | $293K | 50x |
Lighter ARB
ApeX Omni ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$34.64
- Price spread: −0.383% → +0.008%
- −$39.09
- Slippage, 4 orders
- −$49.18
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$132.92
- Costs to cover
- 0.592%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; ApeX Omni: live order book, 42 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 | 2.04 bp | 11.7 bp −$12 | 28.0 bp −$280 | 108.0 bp −$10.8K | doesn't fit |
| Sell ApeX Omni live order book, 42 min ago | 11.05 bp | 21.9 bp −$22 | 119.7 bp −$1,197 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1692% | 1h | 0.2203 | −0.743% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0248% | 1h | 0.2220 | +0.009% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0217% | 1h | 0.2219 | −0.036% | $10K | $2.5M | 5x | as long as short |
| Variational Omni ARB | −0.0171% | 8h | 0.2211 | −0.370% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0119% | 8h | 0.2219 | −0.014% | $22.4M | $157.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0117% | 8h | 0.2220 | +0.018% | $39.6M | $60.1M | 200x | as long as short |
| Gate ARB_USDT | −0.0085% | 8h | 0.2220 | +0.032% | $5.4M | $19.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0071% | 8h | 0.2220 | 0.000% | $56.8M | $128.9M | 50x | as long as short |
| ApeX Omni ARBUSDTshort | −0.0069% | 1h | 0.2211 | −0.383% | $119K | $293K | 50x | |
| Deribit ARB_USDC-PERPETUAL | −0.0065% | 1h | 0.2220 | 0.000% | $24K | $34K | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUALShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0060% | 8h | 0.2218 | −0.068% | $12K | $382K | 10x | as long as short |
| Binance ARBUSDT | −0.0003% | 8h | 0.2220 | +0.032% | $64.8M | $317.7M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2219 | −0.031% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2218 | −0.068% | $353K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2221 | +0.078% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2220 | +0.029% | $141K | $7K | 3x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2220 | long leg | $1.2M | $7.4M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2221 | +0.090% | $38.9M | $52.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2219 | −0.006% | $661K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2219 | −0.001% | $42K | $186K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2221 | +0.050% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2220 | +0.023% | $21.2M | $36.4M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2219 | −0.005% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2211 | −0.365% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2212 | −0.354% | $471K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2221 | +0.059% | $76K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2220 | +0.023% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2219 | −0.032% | $298K | $998K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | −0.068% | $5.0M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2223 | +0.158% | $508K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2221 | +0.066% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2219 | −0.003% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0311% | 1h | 0.2220 | +0.026% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2222 | +0.104% | $479K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0518% | 1h | 0.2218 | −0.050% | $1.0M | $2.9M | 20x | as long as short |
Orderly PERP_ARB_USDC
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP