Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: edgeX against Lighter−0.174%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$660.665% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 3 days (all we have)+0.517%+$52 · spread now −0.174%, 7d avg −0.019%
=Together, before fees+0.560%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$56 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.155% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2273 | 0.0096 | pay 0.0012% / 1h | 53m 29s | $1.4M | $7.4M | 15x |
| Short | edgeX ARBUSDC | 0.2269 | 0.0100 | get 0.0050% / 4h | 53m 29s | $40K | $461K | 20x |
Lighter ARB
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $0.84
- Price spread: −0.174% → −0.019%
- −$15.47
- Slippage, 4 orders
- −$57.48
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$81.12
- Costs to cover
- 0.665%
- Break-even
- 683.0 days
Slippage from Lighter: live order book, 10 min ago; edgeX: live order book, 25 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, 10 min ago | 1.99 bp | 6.5 bp −$6 | 18.0 bp −$180 | 104.3 bp −$10.4K | doesn't fit |
| Sell edgeX live order book, 25 min ago | 13.40 bp | 22.4 bp −$22 | 98.9 bp −$989 | 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 | −0.1785% | 1h | 0.2257 | −0.704% | $41K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2281 | +0.330% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0179% | 8h | 0.2263 | −0.438% | $1.9M | $2.7M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0179% | 1h | 0.2284 | +0.484% | $78K | $2.0M | 10x | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2285 | +0.524% | $59.2M | $129.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0114% | 1h | 0.2270 | −0.114% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2283 | +0.449% | $23.0M | $161.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2283 | +0.458% | $37.9M | $59.2M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2269 | −0.176% | $12K | $397K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2284 | +0.470% | $67K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Polymarket Perps ARB-USD
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | 0.0000% | 1h | 0.2283 | +0.423% | $363K | $2.3M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2271 | −0.066% | $26K | $32K | 25x | as long as short |
| BloFin ARB-USDT | +0.0002% | 8h | 0.2270 | −0.141% | $3.1M | $3.3M | 75x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2284 | +0.478% | $65.9M | $313.0M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2287 | +0.597% | $57K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0031% | 8h | 0.2283 | +0.418% | $5.5M | $20.0M | 60x | as long as short |
| BingX ARB-USDT | +0.0066% | 8h | 0.2282 | +0.400% | — | $53.3M | — | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2283 | +0.440% | $21.6M | $36.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2272 | −0.056% | $149K | $12K | 3x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2273 | long leg | $1.4M | $7.4M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2288 | +0.642% | $41.4M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2282 | +0.380% | $710K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2282 | +0.412% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2285 | +0.524% | $20.2M | $16.3M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2269 | −0.174% | $40K | $461K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2270 | −0.132% | $493K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2265 | −0.352% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2273 | 0.000% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2270 | −0.114% | $284K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2270 | −0.132% | $5.2M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2271 | −0.088% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2271 | −0.077% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2271 | −0.099% | $850K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2283 | +0.446% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2285 | +0.535% | $507K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0501% | 1h | 0.2276 | +0.110% | $895K | $2.8M | 20x | as long as short |
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
BloFin ARB-USDT
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP