Funding you earn now, next payment 03:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.027%
Price spread now: Lighter against Binance+0.095%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days−0.116%−$12 · spread now +0.095%, 7d avg +0.017%
=Together, before fees−0.016%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.078% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2217 | 0.0024 | pay 0.0024% / 8h | 5h 07m | $64.7M | $306.6M | 75x |
| Short | Lighter ARB | 0.2219 | 0.0096 | get 0.0012% / 1h | 7m 36s | $1.2M | $6.4M | 15x |
Binance ARBUSDT
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $15.13
- Price spread: +0.095% → +0.017%
- $7.8
- Slippage, 4 orders
- −$22.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.38
- Costs to cover
- 0.323%
- Break-even
- 11.3 days
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 6 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 Binance live order book, 6 min ago | 0.22 bp | 7.5 bp −$7 | 22.2 bp −$222 | 77.7 bp −$7,765 | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.25 bp | 6.0 bp −$6 | 20.3 bp −$203 | 91.9 bp −$9,189 | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1577% | 1h | 0.2218 | +0.041% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0155% | 1h | 0.2223 | +0.248% | $24K | $34K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0145% | 8h | 0.2216 | −0.059% | $22.4M | $149.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0142% | 8h | 0.2218 | +0.027% | $38.2M | $59.4M | 200x | as long as short |
| Variational Omni ARB | −0.0140% | 8h | 0.2223 | +0.267% | $1.9M | $2.9M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0125% | 1h | 0.2216 | −0.041% | $87K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2218 | +0.041% | $7K | $2K | 10x | as long as short |
| Gate ARB_USDT | −0.0102% | 8h | 0.2219 | +0.086% | $5.4M | $19.2M | 60x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2223 | +0.284% | $1.1M | $4.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0091% | 1h | 0.2222 | +0.207% | $10K | $2.3M | 5x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Gate ARB_USDT
Kraken Futures PF_ARBUSD
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2222 | +0.221% | $12K | $387K | 10x | as long as short |
| Bybit ARBUSDT | −0.0066% | 8h | 0.2217 | −0.027% | $56.4M | $125.9M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2221 | +0.171% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2223 | +0.285% | $11K | — | 150x | as long as short |
| Binance ARBUSDTlong | +0.0024% | 8h | 0.2217 | long leg | $64.7M | $306.6M | 75x | |
| Extended ARB-USD | +0.0024% | 1h | 0.2217 | −0.002% | $353K | $2.5M | 25x | as long as short |
| Phemex ARBUSDT | +0.0044% | 8h | 0.2222 | +0.221% | $5.0M | $12.9M | 50x | as long as short |
| Bitget ARBUSDT | +0.0072% | 8h | 0.2216 | −0.050% | $21.1M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0078% | 8h | 0.2219 | +0.081% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2217 | −0.016% | $141K | $7K | 3x | as long as short |
| ApeX Omni ARBUSDT | +0.0090% | 1h | 0.2220 | +0.131% | $120K | $283K | 50x | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2219 | +0.095% | $1.2M | $6.4M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2220 | +0.140% | $38.5M | $49.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2222 | +0.205% | $650K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2219 | +0.095% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2219 | +0.077% | $19.6M | $15.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2222 | +0.206% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2223 | +0.266% | $482K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.266% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2222 | +0.207% | $302K | $939K | 50x | as long as short |
| BloFin ARB-USDT | +0.0103% | 8h | 0.2221 | +0.185% | $3.1M | $2.6M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2224 | +0.311% | $498K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2220 | +0.124% | $489K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2223 | +0.258% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2216 | −0.060% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0559% | 1h | 0.2224 | +0.316% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Phemex ARBUSDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
ApeX Omni ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP