Funding you earn now, next payment 06:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.012%
Price spread now: Lighter against Bitget+0.170%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days−0.153%−$15 · spread now +0.170%, 7d avg +0.046%
=Together, before fees−0.093%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.124% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2175 | 0.0053 | pay 0.0053% / 8h | 2h 34m | $20.8M | $34.3M | 50x |
| Short | Lighter ARB | 0.2179 | 0.0096 | get 0.0012% / 1h | 34m 26s | $1.2M | $5.5M | 15x |
Bitget ARBUSDT
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $9.03
- Price spread: +0.170% → +0.046%
- $12.36
- Slippage, 4 orders
- −$33.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.24
- Costs to cover
- 0.456%
- Break-even
- 25.8 days
Slippage from Bitget: live order book, 4 min ago; Lighter: live order book, 4 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 Bitget live order book, 4 min ago | 2.30 bp | 11.6 bp −$12 | 20.1 bp −$201 | 112.1 bp −$11.2K | doesn't fit |
| Sell Lighter live order book, 4 min ago | 2.29 bp | 11.4 bp −$11 | 27.4 bp −$274 | 110.3 bp −$11.0K | 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 | −0.1581% | 1h | 0.2181 | +0.276% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2175 | −0.009% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0118% | 1h | 0.2176 | +0.032% | $77K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2186 | +0.497% | $1.8M | $3.0M | — | as long as short |
| MEXC ARB_USDT | −0.0082% | 8h | 0.2176 | +0.064% | $41.7M | $61.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0081% | 8h | 0.2175 | +0.018% | $21.5M | $142.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2192 | +0.795% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0072% | 8h | 0.2175 | +0.014% | $54.0M | $123.9M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0054% | 8h | 0.2177 | +0.092% | $13K | $409K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0026% | 1h | 0.2176 | +0.041% | $23K | $33K | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Orderly PERP_ARB_USDC
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2178 | +0.122% | $64K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2177 | +0.091% | $43K | — | 150x | as long as short |
| Bitget ARBUSDTlong | +0.0053% | 8h | 0.2175 | long leg | $20.8M | $34.3M | 50x | |
| Gate ARB_USDT | +0.0057% | 8h | 0.2176 | +0.032% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDC | +0.0072% | 8h | 0.2178 | +0.133% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0080% | 1h | 0.2175 | +0.018% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0082% | 8h | 0.2176 | +0.051% | $62.3M | $300.3M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2176 | +0.056% | $435K | $2.6M | 10x | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2179 | +0.170% | $1.2M | $5.5M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2177 | +0.110% | $36.5M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2178 | +0.149% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2178 | +0.156% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2176 | +0.046% | $19.4M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2184 | +0.393% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2184 | +0.414% | $472K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2185 | +0.460% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.920% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2192 | +0.772% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2194 | +0.860% | $292K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2191 | +0.736% | $4.9M | $12.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2177 | +0.092% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0202% | 8h | 0.2189 | +0.644% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2176 | +0.033% | $824K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2196 | +0.961% | $506K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2176 | +0.030% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0720% | 1h | 0.2190 | +0.671% | $982K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BingX ARB-USDC
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP