Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Pacifica against Lighter+0.056%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.056%, 7d avg −0.020%
=Together, before fees+0.076%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board+$8 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: Pacifica is 0.075% dearer against Lighter than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2195 | 0.0096 | pay 0.0012% / 1h | 37m 32s | $1.3M | $5.5M | 15x |
| Short | Pacifica ARB | 0.2197 | 0.0100 | get 0.0013% / 1h | 37m 32s | $43K | $145K | 10x |
Lighter ARB
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $0.84
- Price spread: +0.056% → −0.020%
- $7.52
- Slippage, 4 orders
- −$34.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$34.01
- Costs to cover
- 0.424%
- Break-even
- 290.4 days
Slippage from Lighter: live order book, 6 min ago; Pacifica: live order book, 60 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 live order book, 6 min ago | 1.82 bp | 5.3 bp −$5 | 17.3 bp −$173 | 94.1 bp −$9,414 | doesn't fit |
| Sell Pacifica live order book, 60 min ago | 8.48 bp | 17.5 bp −$17 | doesn't fit | doesn't fit | 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 | −0.1605% | 1h | 0.2183 | −0.569% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0200% | 1h | 0.2194 | −0.082% | $9K | $2.3M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2195 | −0.031% | $1.1M | $4.2M | 50x | as long as short |
| Gate ARB_USDT | −0.0162% | 8h | 0.2194 | −0.055% | $5.4M | $18.1M | 60x | as long as short |
| OKX ARB-USDT-SWAP | −0.0080% | 8h | 0.2194 | −0.059% | $22.3M | $145.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0079% | 8h | 0.2195 | −0.041% | $43.0M | $62.8M | 200x | as long as short |
| Bybit ARBUSDT | −0.0056% | 8h | 0.2195 | −0.046% | $53.4M | $125.8M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0048% | 1h | 0.2195 | −0.009% | $7K | $236 | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2194 | −0.068% | $16K | $414K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2198 | +0.097% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Gate ARB_USDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
01 Exchange ARBUSD
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2195 | −0.014% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2196 | +0.023% | $72K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0014% | 8h | 0.2195 | −0.040% | $63.4M | $299.1M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2193 | −0.093% | $361K | $3.1M | 25x | as long as short |
| Variational Omni ARB | +0.0026% | 8h | 0.2191 | −0.215% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDT | +0.0048% | 8h | 0.2193 | −0.132% | $3.0M | $2.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0071% | 8h | 0.2195 | −0.023% | $21.0M | $34.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0072% | 8h | 0.2195 | −0.032% | — | $32.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2195 | 0.000% | $139K | $7K | 3x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2195 | long leg | $1.3M | $5.5M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2197 | +0.059% | $37.2M | $50.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2195 | −0.027% | $631K | $1.7M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2197 | +0.056% | $43K | $145K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | −0.009% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2193 | −0.111% | $40K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2195 | −0.038% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2193 | −0.114% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2196 | +0.032% | $74K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2195 | −0.023% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2194 | −0.064% | $294K | $835K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2195 | −0.023% | $4.8M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2196 | +0.014% | $530K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0200% | 1h | 0.2197 | +0.077% | $981K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2195 | −0.035% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2194 | −0.059% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2195 | −0.023% | $526K | $1.5M | 50x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Variational Omni ARB
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX