Funding you earn now, next payment 06:00 UTC−0.0264%/8h= −28.9% APRnext payment −$0.33 per $10,000 · paid last 24h −0.066%
Price spread now: 01 Exchange against Lighter+0.014%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 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 | 0.2198 | 0.0096 | pay 0.0012% / 1h | 19m 00s | $1.3M | $5.5M | 15x |
| Short | 01 Exchange ARBUSD | 0.2199 | −0.0168 | pay 0.0021% / 1h | 19m 00s | $7K | $236 | 10x |
Lighter ARB
01 Exchange ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$55.44
- Price spread: +0.014% → 0.000%
- $1.36
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$61.08
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; 01 Exchange: 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, 4 min ago | 3.20 bp | 7.4 bp −$7 | 25.6 bp −$256 | 87.6 bp −$8,762 | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.1581% | 1h | 0.2189 | −0.423% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSDshort | −0.0168% | 1h | 0.2199 | +0.014% | $7K | $236 | 10x | |
| Variational Omni ARB | −0.0098% | 8h | 0.2185 | −0.616% | $1.8M | $3.0M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0082% | 1h | 0.2199 | +0.014% | $78K | $2.1M | 10x | as long as short |
| Bybit ARBUSDT | −0.0077% | 8h | 0.2198 | +0.005% | $54.9M | $124.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2199 | +0.039% | $1.1M | $4.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0057% | 8h | 0.2199 | +0.036% | $41.6M | $61.5M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0056% | 8h | 0.2200 | +0.059% | $21.8M | $144.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0047% | 8h | 0.2199 | +0.032% | $12K | $408K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2198 | −0.003% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Polymarket Perps ARB-USD
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2199 | +0.018% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2200 | +0.066% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0057% | 8h | 0.2199 | +0.032% | $21.0M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0078% | 8h | 0.2199 | +0.050% | $5.5M | $18.2M | 60x | as long as short |
| BingX ARB-USDC | +0.0084% | 8h | 0.2200 | +0.068% | — | $6.5M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2198 | +0.008% | $446K | $2.6M | 10x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2198 | long leg | $1.3M | $5.5M | 15x | |
| Extended ARB-USD | +0.0096% | 1h | 0.2199 | +0.010% | $349K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0096% | 8h | 0.2200 | +0.077% | $62.9M | $300.3M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2201 | +0.132% | $37.0M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2199 | +0.051% | $633K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2198 | +0.006% | $42K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2200 | +0.091% | $19.6M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.519% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2182 | −0.750% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2182 | −0.741% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2202 | +0.168% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2198 | +0.005% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | +0.073% | $294K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2199 | +0.032% | $4.9M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2199 | +0.040% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0216% | 8h | 0.2198 | −0.014% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2200 | +0.073% | $833K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2201 | +0.123% | $509K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2198 | −0.021% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0730% | 1h | 0.2203 | +0.205% | $988K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDC
RISEx ARB/USDC
Extended ARB-USD
Binance ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP