Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h —
Price spread now: Lighter against Arcus+0.078%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.078% dearer against Arcus than usual: you sell high and buy low, +$8 on $10k if it 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 | Arcus BE-USD | 270.50 | 0.0040 | pay 0.0005% / 1h | 33m 10s | $113K | $109K | 10x |
| Short | Lighter BE | 270.71 | 0.0032 | get 0.0004% / 1h | 33m 10s | — | — | 10x |
Arcus BE-USD
Lighter BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Arcus. 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
- −$1.74
- Price spread: +0.078% → 0.000%
- $7.76
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.53
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Arcus: live order book, 10 min ago; 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 Arcus live order book, 10 min ago | 2.95 bp | 9.0 bp −$9 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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.
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDT | −0.0167% | 8h | 270.80 | +0.111% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | −0.0145% | 8h | 270.91 | +0.152% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 270.86 | +0.132% | $341K | $123K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 270.85 | +0.131% | $46K | $255K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 270.96 | +0.172% | $8.2M | $37.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 270.95 | +0.166% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 270.90 | +0.148% | $7K | $156K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 270.93 | +0.159% | $1K | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.57 | +0.026% | $12K | $35K | 20x | as long as short |
| Lighter BEshort | +0.0032% | 1h | 270.71 | +0.078% | — | — | 10x |
Gate BE_USDT
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 270.77 | +0.100% | $241K | $297K | 10x | as long as short |
| Bybit BEUSDT | +0.0040% | 8h | 270.86 | +0.133% | $2.0M | $1.1M | 25x | as long as short |
| QFEX BE-USD | +0.0040% | 1h | 270.85 | +0.129% | $1.3M | $2.4M | 10x | as long as short |
| Arcus BE-USDlong | +0.0040% | 1h | 270.50 | long leg | $113K | $109K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 270.68 | +0.067% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0051% | 1h | 270.87 | +0.137% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | +0.033% | $473K | $130K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 270.89 | +0.144% | $366K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 270.87 | +0.136% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.02 | +0.192% | $45K | $146K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0193% | 1h | 270.86 | +0.133% | $6K | $4K | 10x | as long as short |
Lighter RH BE
Bybit BEUSDT
QFEX BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL