Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: HTX against Lighter+0.146%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.345%+$35 · spread now +0.146%, 7d avg −0.031%
=Together, before fees+0.386%+ Points / potential airdropLighter: Season 3 · farm board+$39 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: HTX is 0.178% dearer against Lighter than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2185 | 0.0096 | pay 0.0012% / 1h | 40m 12s | $1.2M | $5.4M | 15x |
| Short | HTX ARB-USDT | 0.2188 | 0.0100 | get 0.0100% / 8h | 40m 12s | $292K | $835K | 50x |
Lighter ARB
HTX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.146% → −0.031%
- $17.76
- Slippage, 4 orders
- −$104.98
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$98.38
- Costs to cover
- 1.170%
- Break-even
- 826.9 days
Slippage from Lighter: live order book, 3 min ago; HTX: live order book, 18 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 | 1.83 bp | 9.3 bp −$9 | 28.7 bp −$287 | 114.3 bp −$11.4K | doesn't fit |
| Sell HTX live order book, 18 min ago | 21.47 bp | 39.8 bp −$40 | 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 | −0.1612% | 1h | 0.2180 | −0.229% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2184 | −0.027% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0084% | 8h | 0.2183 | −0.110% | $22.0M | $144.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0082% | 8h | 0.2183 | −0.110% | $43.0M | $61.8M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2185 | 0.000% | $13K | $404K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0024% | 1h | 0.2186 | +0.041% | $28K | $38K | 25x | as long as short |
| SoDEX ARB-USD | −0.0018% | 1h | 0.2184 | −0.059% | $9K | $2.2M | 5x | as long as short |
| Variational Omni ARB | −0.0008% | 8h | 0.2188 | +0.152% | $1.8M | $3.0M | — | as long as short |
| Binance ARBUSDT | −0.0002% | 8h | 0.2184 | −0.044% | $62.5M | $300.6M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2188 | +0.117% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Variational Omni ARB
Binance ARBUSDT
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 | 0.2184 | −0.024% | $349K | $3.1M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2187 | +0.079% | $44K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0005% | 1h | 0.2185 | +0.005% | $67K | $2.1M | 10x | as long as short |
| Bybit ARBUSDT | +0.0007% | 8h | 0.2182 | −0.114% | $53.5M | $125.9M | 50x | as long as short |
| Gate ARB_USDT | +0.0021% | 8h | 0.2182 | −0.114% | $5.4M | $18.3M | 60x | as long as short |
| BloFin ARB-USDT | +0.0025% | 8h | 0.2190 | +0.229% | $3.0M | $2.3M | 75x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2186 | +0.041% | $492K | $2.6M | 10x | as long as short |
| BingX ARB-USDT | +0.0080% | 8h | 0.2183 | −0.105% | — | $33.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2187 | +0.069% | $139K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0081% | 8h | 0.2182 | −0.137% | $21.1M | $34.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2185 | +0.002% | $1.1M | $4.4M | 50x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2185 | long leg | $1.2M | $5.4M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2184 | −0.037% | $36.9M | $49.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2186 | +0.046% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2188 | +0.146% | $42K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2186 | +0.027% | $19.4M | $14.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2189 | +0.185% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | +0.212% | $473K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2188 | +0.137% | $118K | $279K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2188 | +0.137% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDTshort | +0.0100% | 8h | 0.2188 | +0.146% | $292K | $835K | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2185 | 0.000% | $4.8M | $12.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2186 | +0.060% | $825K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2183 | −0.092% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2193 | +0.366% | $525K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0681% | 1h | 0.2186 | +0.064% | $986K | $2.9M | 20x | as long as short |
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Bybit ARBUSDT
Gate ARB_USDT
BloFin ARB-USDT
RISEx ARB/USDC
BingX ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP