Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Arcus against Lighter RH−0.113%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.113%, 7d avg +0.012%
=Together, before fees−0.005%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.125% cheaper against Lighter RH than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH USO | 149.94 | 0.0032 | pay 0.0004% / 1h | 46m 52s | $338K | $162K | 10x |
| Short | Arcus USO-USD | 149.77 | 0.0040 | get 0.0005% / 1h | 46m 52s | $344K | $91K | 20x |
Lighter RH USO
Arcus USO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter RH. 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: −0.113% → +0.012%
- −$12.53
- Slippage, 4 orders
- −$34.47
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$49.76
- Costs to cover
- 0.390%
- Break-even
- 207.4 days
Slippage from Lighter RH: live order book, 5 min ago; Arcus: live order book, 7 min ago.
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 RH live order book, 5 min ago | 6.01 bp | 6.8 bp −$7 | 47.1 bp −$471 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 7 min ago | 4.68 bp | 10.8 bp −$11 | 14.5 bp −$145 | doesn't fit | doesn't fit |
USO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX USO-USDT-SWAP | 0.0000% | 8h | 149.80 | −0.093% | $192K | $236K | 20x | as long as short |
| MEXC USO_USDT | 0.0000% | 8h | 149.71 | −0.153% | $740K | $102K | 20x | as long as short |
| Lighter RH USOlong | +0.0032% | 1h | 149.94 | long leg | $338K | $162K | 10x | |
| Arcus USO-USDshort | +0.0040% | 1h | 149.77 | −0.113% | $344K | $91K | 20x | |
| ApeX Omni USOUSDT | +0.0100% | 1h | 149.85 | −0.060% | $67K | $13K | 50x | as long as short |
OKX USO-USDT-SWAP
MEXC USO_USDT
ApeX Omni USOUSDT