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

ARC

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Alert: funding
Alert: spread
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
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
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ARC0.077740.0096pay 0.0012% / 1h28m 54s$42K$2K3x
ShortKraken Futures PF_ARCUSD0.07779−0.0095pay 0.0012% / 1h28m 54s$49K$79K20x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARCUSDshort−0.0095%1h0.07779+0.070%$49K$79K20x
Lighter ARClong+0.0096%1h0.07774long leg$42K$2K3x
Gate ARC_USDT+0.0100%4h0.07791+0.224%$3.0M$334K20xas long as short
SunX ARC-USDT+0.0100%4h0.07797+0.301%$2K$1.5M20xas long as short
Bitget ARCUSDT+0.0870%4h0.07809+0.455%$1.7M$530K10xas long as short
KuCoin ARCUSDTM+0.0968%4h0.07801+0.351%$1.3M$1.8M20xas long as short
Extended ARC-USD+0.1008%1h0.07792+0.236%$30K$118K5xas long as short
Binance ARCUSDT+0.1010%4h0.07795+0.274%$24.2M$7.2M20xas long as short
BloFin ARC-USDT+0.1012%4h0.07800+0.340%$1.2M$61K20xas long as short
Aster ARCUSDT+0.1586%4h0.07798+0.311%$19K$16K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ARCUSDT+0.2624%4h0.07777+0.044%$2.7M$4.4M13xas long as short
BingX ARC-USDT+0.2918%4h0.07785+0.147%$1.7Mas long as short