ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.037%

Price spread now: dYdX against Lighter+0.021%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.168%−$17 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.021% dearer against Lighter than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ARB	0.2202	0.0096	pay 0.0012% / 1h	57m 35s	$1.2M	$5.5M	15x
Short	dYdX ARB-USD	0.2203	0	get 0.0000% / 1h	57m 35s	$65K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee dYdXbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$20.16
Price spread: +0.021% → 0.000%: $2.09
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$28.07
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.

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, 5 min ago	0.91 bp	11.8 bp −$12	30.3 bp −$303	100.3 bp −$10.0K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1589%	1h	0.2193	−0.413%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0330%	1h	0.2199	−0.136%	$86K	$2.1M	10x	as long as short
01 Exchange ARBUSD	−0.0120%	1h	0.2200	−0.077%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0115%	8h	0.2200	−0.114%	$22.2M	$144.3M	50x	as long as short
MEXC ARB_USDT	−0.0114%	8h	0.2201	−0.050%	$42.6M	$60.0M	200x	as long as short
Variational Omni ARB	−0.0095%	8h	0.2201	−0.063%	$1.8M	$2.9M	—	as long as short
Orderly PERP_ARB_USDC	−0.0074%	8h	0.2202	−0.005%	$12K	$403K	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2203	+0.039%	$1.1M	$4.4M	50x	as long as short
SoDEX ARB-USD	−0.0045%	1h	0.2202	−0.014%	$10K	$2.2M	5x	as long as short
Bybit ARBUSDT	−0.0042%	8h	0.2199	−0.136%	$55.4M	$124.3M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ARB_USDT	−0.0036%	8h	0.2200	−0.073%	$5.3M	$18.0M	60x	as long as short
dYdX ARB-USDshort	0.0000%	1h	0.2203	+0.021%	$65K	$5K	10x
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2203	+0.027%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2202	+0.015%	$32K	—	150x	as long as short
Binance ARBUSDT	+0.0022%	8h	0.2200	−0.095%	$63.9M	$300.5M	75x	as long as short
Extended ARB-USD	+0.0024%	1h	0.2199	−0.138%	$350K	$2.5M	25x	as long as short
Bitget ARBUSDT	+0.0061%	8h	0.2198	−0.186%	$20.9M	$34.1M	50x	as long as short
BingX ARB-USDC	+0.0061%	8h	0.2201	−0.054%	—	$6.5M	—	as long as short
BloFin ARB-USDT	+0.0079%	8h	0.2200	−0.091%	$3.1M	$2.5M	75x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2202	−0.021%	$140K	$7K	3x	as long as short
Lighter ARBlong	+0.0096%	1h	0.2202	long leg	$1.2M	$5.5M	15x
Hyperliquid ARB	+0.0100%	1h	0.2201	−0.064%	$37.7M	$48.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2202	+0.007%	$634K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2202	−0.023%	$42K	$163K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2202	−0.018%	$19.6M	$14.8M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2201	−0.064%	$38K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2201	−0.050%	$467K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2201	−0.050%	$119K	$284K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2203	+0.041%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2202	−0.005%	$299K	$905K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2202	−0.005%	$5.0M	$12.9M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2201	−0.061%	$477K	$2.6M	10x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2204	+0.086%	$492K	$1.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2203	+0.020%	$831K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2198	−0.184%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0513%	1h	0.2206	+0.182%	$994K	$2.8M	20x	as long as short