Funding you earn now, next payment 23:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.007%
Price spread now: Bitget against Lighter−0.063%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.408% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.063%, 7d avg −0.044%
=Together, before fees+0.005%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2224 | 0.0096 | pay 0.0012% / 1h | 51m 12s | $1.3M | $7.3M | 15x |
| Short | Bitget ARBUSDT | 0.2223 | 0.0085 | get 0.0085% / 8h | 1h 51m | $20.8M | $38.1M | 50x |
Lighter ARB
Bitget ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$2.31
- Price spread: −0.063% → −0.044%
- −$1.91
- Slippage, 4 orders
- −$28.79
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$45.01
- Costs to cover
- 0.408%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Bitget: live order book, 3 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, 7 min ago | 2.25 bp | 5.1 bp −$5 | 20.5 bp −$205 | 93.6 bp −$9,356 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.25 bp | 11.8 bp −$12 | 21.5 bp −$215 | 119.5 bp −$11.9K | 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 | 0.2211 | −0.602% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2222 | −0.121% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2221 | −0.132% | $1.9M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0150% | 1h | 0.2223 | −0.072% | $4K | $2.9M | 5x | as long as short |
| Bybit ARBUSDT | −0.0132% | 8h | 0.2222 | −0.094% | $57.2M | $136.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2223 | −0.067% | $22.2M | $162.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2223 | −0.067% | $36.7M | $62.0M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0065% | 1h | 0.2224 | −0.031% | $26K | $32K | 25x | as long as short |
| Polymarket Perps ARB-USD | −0.0063% | 1h | 0.2223 | −0.081% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0023% | 8h | 0.2224 | −0.018% | $11K | $392K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
SoDEX ARB-USD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0016% | 1h | 0.2223 | −0.068% | $353K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | −0.0014% | 8h | 0.2223 | −0.069% | $63.3M | $323.4M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | +0.018% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2225 | +0.022% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0012% | 8h | 0.2224 | −0.031% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2225 | +0.012% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDTshort | +0.0085% | 8h | 0.2223 | −0.063% | $20.8M | $38.1M | 50x | |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2226 | +0.059% | $1.1M | $5.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0089% | 8h | 0.2222 | −0.117% | — | $6.5M | — | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2224 | long leg | $1.3M | $7.3M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2225 | +0.022% | $39.7M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2224 | −0.018% | $691K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | +0.031% | $44K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2224 | −0.009% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2224 | −0.012% | $36K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2226 | +0.079% | $479K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2224 | −0.018% | $120K | $296K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2224 | −0.018% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | −0.063% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2224 | −0.018% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0106% | 8h | 0.2223 | −0.054% | $3.0M | $3.2M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2231 | +0.297% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2225 | +0.021% | $832K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2222 | −0.090% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2225 | +0.043% | $491K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0603% | 1h | 0.2226 | +0.094% | $1.1M | $2.7M | 20x | as long as short |
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
BingX ARB-USDC
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