Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h —
Price spread now: Arcus against Lighter+0.029%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: Arcus is 0.029% dearer against Lighter than usual: you sell high and buy low, +$3 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 | Lighter BE | 273.82 | 0.0032 | pay 0.0004% / 1h | 47m 49s | — | — | 10x |
| Short | Arcus BE-USD | 273.90 | 0.0040 | get 0.0005% / 1h | 47m 49s | $114K | $134K | 10x |
Lighter BE
Arcus BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $1.74
- Price spread: +0.029% → 0.000%
- $2.92
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $0.16
- Costs to cover
- 0.045%
- Break-even
- 6.4 days
Slippage unknown: Lighter: no order-book sample; Arcus: live order book, 30 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 Arcus live order book, 30 min ago | 3.30 bp | 8.7 bp −$9 | 13.4 bp −$134 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.49 | +0.244% | $345K | $118K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.04 | +0.080% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.80 | −0.007% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.92 | +0.037% | $1.7M | $2.7M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.13 | +0.113% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.16 | +0.124% | $13K | $33K | 20x | as long as short |
| Lighter BElong | +0.0032% | 1h | 273.82 | long leg | — | — | 10x | |
| Lighter RH BE | +0.0032% | 1h | 274.00 | +0.066% | $250K | $380K | 10x | as long as short |
| Arcus BE-USDshort | +0.0040% | 1h | 273.90 | +0.029% | $114K | $134K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.88 | +0.022% | — | — | 10x | as long as short |
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter RH BE
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BE-USD | +0.0072% | 1h | 274.03 | +0.077% | $46K | $270K | 10x | as long as short |
| QFEX BE-USD | +0.0073% | 1h | 274.05 | +0.084% | $1.3M | $3.8M | 10x | as long as short |
| Binance BEUSDT | +0.0073% | 8h | 274.06 | +0.088% | $8.5M | $37.0M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0088% | 1h | 274.25 | +0.157% | $470K | $121K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 273.76 | −0.022% | $370K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.10 | +0.102% | — | — | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0109% | 8h | 274.15 | +0.120% | $7K | $184K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0125% | 1h | 273.78 | −0.015% | $5.9M | $2.9M | 10x | as long as short |
| BloFin BE-USDT | +0.0186% | 8h | 274.22 | +0.146% | $45K | $141K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0222% | 8h | 274.17 | +0.128% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0553% | 1h | 274.08 | +0.095% | $7K | $4K | 10x | as long as short |
Extended BE-USD
QFEX BE-USD
Binance BEUSDT
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
GRVT BE_USDT_Perp
tradeXYZ xyz:BE
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL