Funding you earn now, next payment 03:00 UTC+0.0334%/8h= +36.6% APRpaid last 24h +0.212%
Price spread now: Binance against Lighter+0.126%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 +$10 a day on $10k at the current rate, and Binance is 0.126% dearer against Lighter than usual: you sell high and buy low: +$13 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 | Lighter ARC | 0.07859 | 0.0096 | pay 0.0012% / 1h | 43m 04s | $38K | $6K | 3x |
| Short | Binance ARCUSDT | 0.07869 | 0.0430 | get 0.0215% / 4h | 1h 43m | $24.4M | $7.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $70.15
- Price spread: +0.126% → 0.000%
- $12.6
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $72.75
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 13 min ago. 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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 3.83 bp | 67.5 bp −$68 | 204.3 bp −$2,043 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARClong | +0.0096% | 1h | 0.07859 | long leg | $38K | $6K | 3x | |
| Gate ARC_USDT | +0.0100% | 4h | 0.07863 | +0.050% | $3.1M | $227K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07879 | +0.251% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07854 | −0.065% | $1K | $1.5M | 20x | as long as short |
| Aster ARCUSDT | +0.0300% | 4h | 0.07836 | −0.292% | $19K | $15K | 5x | as long as short |
| Binance ARCUSDTshort | +0.0430% | 4h | 0.07869 | +0.126% | $24.4M | $7.0M | 20x | |
| Extended ARC-USD | +0.0432% | 1h | 0.07867 | +0.099% | $30K | $188K | 5x | as long as short |
| BloFin ARC-USDT | +0.0468% | 4h | 0.07824 | −0.447% | $1.2M | $43K | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0825% | 1h | 0.07834 | −0.315% | $54K | $85K | 20x | as long as short |
| Bitget ARCUSDT | +0.0838% | 4h | 0.07870 | +0.139% | $1.7M | $525K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.1162% | 4h | 0.07867 | +0.101% | — | $1.7M | — | as long as short |
| Bybit ARCUSDT | +0.1168% | 4h | 0.07854 | −0.065% | $2.8M | $4.5M | 13x | as long as short |
Lighter ARC
Binance ARCUSDT
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
Kraken Futures PF_ARCUSD
Bitget ARCUSDT
BingX ARC-USDT
Bybit ARCUSDT