Settings8H · net · $10k
Funding arb · Price arb /

ARC

all ARC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0182%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.078%
Price spread now: Lighter against Kraken Futures+0.340%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.340% dearer against Kraken Futures than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ARCUSD0.07616−0.0086get 0.0011% / 1h32m 48s$49K$83K20x
ShortLighter ARC0.076420.0096get 0.0012% / 1h32m 48s$42K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Kraken Futures. 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

Funding earned
$38.15
Price spread: +0.340% → 0.000%
$34
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$62.15
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Lighter no order-book sample
Kraken Futures and Lighter: 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.

ARC on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARCUSDlong−0.0086%1h0.07616long leg$49K$83K20x
Lighter ARCshort+0.0096%1h0.07642+0.340%$42K$2K3x
Gate ARC_USDT+0.0100%4h0.07661+0.586%$3.0M$329K20xas long as short
SunX ARC-USDT+0.0100%4h0.07657+0.533%$1K$1.5M20xas long as short
KuCoin ARCUSDTM+0.0356%4h0.07655+0.509%$1.2M$1.8M20xas long as short
BloFin ARC-USDT+0.0440%4h0.07656+0.520%$1.2M$58K20xas long as short
Extended ARC-USD+0.0496%1h0.07666+0.646%$29K$118K5xas long as short
Binance ARCUSDT+0.0499%4h0.07664+0.629%$23.7M$7.3M20xas long as short
Bitget ARCUSDT+0.0506%4h0.07667+0.664%$1.6M$543K10xas long as short
BingX ARC-USDT+0.0706%4h0.07663+0.612%$1.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ARCUSDT+0.0719%4h0.07653+0.480%$2.6M$4.4M13xas long as short
Aster ARCUSDT+0.0969%4h0.07671+0.719%$19K$16K5xas long as short