Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: Bybit against Lighter+0.127%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—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. Bybit is 0.127% dearer against Lighter than usual: you sell high and buy low (spread +0.127% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARM | 323.67 | 0.0032 | pay 0.0004% / 1h | 30m 45s | — | — | 10x |
| Short | Bybit ARMUSDT | 324.08 | 0 | get 0.0000% / 8h | 1h 30m | $2.0M | $2.6M | 25x |
Lighter ARM
Bybit ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$6.72
- Price spread: +0.127% → 0.000%
- $12.67
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$5.05
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 3.39 bp | 13.9 bp −$14 | 101.1 bp −$1,011 | 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.
ARM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0098% | 4h | 324.14 | +0.146% | $34K | $349K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.64 | −0.010% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 324.08 | +0.127% | $2.0M | $2.6M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.88 | +0.065% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.91 | +0.074% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.64 | −0.010% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.43 | −0.074% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.76 | +0.028% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0003% | 8h | 323.98 | +0.096% | $123K | $44K | 20x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 323.67 | long leg | — | — | 10x |
edgeX ARMUSDC
Aster ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARM-USD | +0.0032% | 1h | 323.99 | +0.099% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | +0.0038% | 8h | 324.10 | +0.133% | $8.6M | $51.1M | 20x | as long as short |
| QFEX ARM-USD | +0.0043% | 1h | 323.99 | +0.099% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.23 | +0.173% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.85 | +0.056% | $365K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | +0.022% | $214K | $554K | 10x | as long as short |
| Gate ARM_USDT | +0.0057% | 8h | 324.16 | +0.151% | $1.5M | $4.1M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −0.120% | $83K | $289K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0137% | 8h | 323.71 | +0.012% | $800 | $210K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 323.91 | +0.074% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.88 | +0.992% | $5K | $52K | 12x | as long as short |
| tradeXYZ xyz:ARM | +0.0267% | 1h | 323.79 | +0.037% | $7.8M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0320% | 8h | 323.66 | −0.003% | $2.3M | $117K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0739% | 1h | 324.01 | +0.105% | $12K | $145K | 10x | as long as short |
Extended ARM-USD
Binance ARMUSDT
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
GRVT ARM_USDT_Perp
Phoenix ARM
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL