ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.035%

Price spread now: gTrade (Gains Network) against Lighter+0.104%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.104% dearer against Lighter than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ARB	0.2224	0.0096	pay 0.0012% / 1h	4m 18s	$1.3M	$5.5M	15x
Short	gTrade (Gains Network) ARB/USD	0.2227	L +0.0005% / S −0.0009%	get 0.0001% / 1h	4m 18s	$44K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.104%Rate

Funding earned: −$18.2
Price spread: +0.104% → 0.000%: $10.43
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$17.77
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: live order book, 4 min ago; gTrade (Gains Network): 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 Lighter live order book, 4 min ago	3.38 bp	8.5 bp −$9	22.7 bp −$227	96.4 bp −$9,639	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

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	0.2208	−0.737%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2229	+0.193%	$7K	$236	10x	as long as short
Polymarket Perps ARB-USD	−0.0095%	1h	0.2226	+0.085%	$76K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0083%	8h	0.2224	−0.020%	$1.8M	$3.0M	—	as long as short
Kraken Futures PF_ARBUSD	−0.0073%	1h	0.2224	−0.006%	$1.1M	$4.5M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0058%	8h	0.2223	−0.049%	$22.1M	$147.0M	50x	as long as short
MEXC ARB_USDT	−0.0056%	8h	0.2224	−0.009%	$41.8M	$62.0M	200x	as long as short
Bybit ARBUSDT	−0.0047%	8h	0.2225	+0.009%	$54.7M	$126.6M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2225	+0.027%	$12K	$406K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0020%	1h	0.2225	+0.031%	$28K	$38K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2226	+0.073%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USDshort	L +0.0005% / S −0.0009%	1h	0.2227	+0.104%	$44K	—	150x
Bitget ARBUSDT	+0.0056%	8h	0.2224	−0.018%	$21.4M	$34.8M	50x	as long as short
Gate ARB_USDT	+0.0080%	8h	0.2226	+0.067%	$5.5M	$18.4M	60x	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2227	+0.125%	$487K	$2.6M	10x	as long as short
Lighter ARBlong	+0.0096%	1h	0.2224	long leg	$1.3M	$5.5M	15x
Hyperliquid ARB	+0.0100%	1h	0.2229	+0.193%	$37.6M	$49.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2225	+0.016%	$638K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2225	+0.035%	$43K	$150K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	0.2225	+0.046%	$63.6M	$301.1M	75x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2225	+0.009%	$19.9M	$14.4M	75x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2225	+0.031%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2220	−0.214%	$39K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2221	−0.154%	$484K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2223	−0.063%	$120K	$281K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2228	+0.162%	$1K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2223	−0.058%	$9K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2225	+0.013%	$298K	$884K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2225	+0.027%	$5.0M	$12.8M	50x	as long as short
Extended ARB-USD	+0.0104%	1h	0.2224	−0.033%	$354K	$2.8M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2225	+0.027%	$141K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0220%	8h	0.2221	−0.157%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0159%	1h	0.2226	+0.085%	$844K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2230	+0.252%	$517K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2226	+0.054%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0745%	1h	0.2224	−0.022%	$997K	$2.8M	20x	as long as short