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
Funding, last 5 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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARCUSD | 0.07616 | −0.0086 | get 0.0011% / 1h | 32m 48s | $49K | $83K | 20x |
| Short | Lighter ARC | 0.07642 | 0.0096 | get 0.0012% / 1h | 32m 48s | $42K | $2K | 3x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSDlong | −0.0086% | 1h | 0.07616 | long leg | $49K | $83K | 20x | |
| Lighter ARCshort | +0.0096% | 1h | 0.07642 | +0.340% | $42K | $2K | 3x | |
| Gate ARC_USDT | +0.0100% | 4h | 0.07661 | +0.586% | $3.0M | $329K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07657 | +0.533% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0356% | 4h | 0.07655 | +0.509% | $1.2M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0440% | 4h | 0.07656 | +0.520% | $1.2M | $58K | 20x | as long as short |
| Extended ARC-USD | +0.0496% | 1h | 0.07666 | +0.646% | $29K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0499% | 4h | 0.07664 | +0.629% | $23.7M | $7.3M | 20x | as long as short |
| Bitget ARCUSDT | +0.0506% | 4h | 0.07667 | +0.664% | $1.6M | $543K | 10x | as long as short |
| BingX ARC-USDT | +0.0706% | 4h | 0.07663 | +0.612% | — | $1.7M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.0719% | 4h | 0.07653 | +0.480% | $2.6M | $4.4M | 13x | as long as short |
| Aster ARCUSDT | +0.0969% | 4h | 0.07671 | +0.719% | $19K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDT
BingX ARC-USDT
Bybit ARCUSDT
Aster ARCUSDT