Funding you earn now, next payment 22:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.24 per $10,000 · paid last 24h −0.080%
Price spread now: Kraken Futures against Lighter+0.070%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
The price spread pays, funding is against you. Kraken Futures is 0.070% dearer against Lighter than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARC | 0.07774 | 0.0096 | pay 0.0012% / 1h | 28m 54s | $42K | $2K | 3x |
| Short | Kraken Futures PF_ARCUSD | 0.07779 | −0.0095 | pay 0.0012% / 1h | 28m 54s | $49K | $79K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$40.08
- Price spread: +0.070% → 0.000%
- $7.03
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$43.05
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Kraken Futures: 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 no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Lighter and Kraken Futures: 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_ARCUSDshort | −0.0095% | 1h | 0.07779 | +0.070% | $49K | $79K | 20x | |
| Lighter ARClong | +0.0096% | 1h | 0.07774 | long leg | $42K | $2K | 3x | |
| Gate ARC_USDT | +0.0100% | 4h | 0.07791 | +0.224% | $3.0M | $334K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07797 | +0.301% | $2K | $1.5M | 20x | as long as short |
| Bitget ARCUSDT | +0.0870% | 4h | 0.07809 | +0.455% | $1.7M | $530K | 10x | as long as short |
| KuCoin ARCUSDTM | +0.0968% | 4h | 0.07801 | +0.351% | $1.3M | $1.8M | 20x | as long as short |
| Extended ARC-USD | +0.1008% | 1h | 0.07792 | +0.236% | $30K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.1010% | 4h | 0.07795 | +0.274% | $24.2M | $7.2M | 20x | as long as short |
| BloFin ARC-USDT | +0.1012% | 4h | 0.07800 | +0.340% | $1.2M | $61K | 20x | as long as short |
| Aster ARCUSDT | +0.1586% | 4h | 0.07798 | +0.311% | $19K | $16K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.2624% | 4h | 0.07777 | +0.044% | $2.7M | $4.4M | 13x | as long as short |
| BingX ARC-USDT | +0.2918% | 4h | 0.07785 | +0.147% | — | $1.7M | — | as long as short |
Lighter ARC
Kraken Futures PF_ARCUSD
Gate ARC_USDT
SunX ARC-USDT
Bitget ARCUSDT
KuCoin ARCUSDTM
Extended ARC-USD
Binance ARCUSDT
BloFin ARC-USDT
Aster ARCUSDT
Bybit ARCUSDT
BingX ARC-USDT