Funding you earn now, next payment 20:00 UTC−0.0224%/8hnext payment −$0.28 per $10,000 · paid last 24h −0.098%
Price spread now: 01 Exchange against Lighter−0.376%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and 01 Exchange is 0.376% cheaper against Lighter than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2285 | 0.0096 | pay 0.0012% / 1h | 24m 58s | $1.4M | $7.6M | 15x |
| Short | 01 Exchange ARBUSD | 0.2276 | −0.0128 | pay 0.0016% / 1h | 24m 58s | $7K | $2K | 10x |
Lighter ARB
01 Exchange ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$47.04
- Price spread: −0.376% → 0.000%
- −$37.64
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$91.68
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 7 min ago; 01 Exchange: 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, 7 min ago | 2.83 bp | 8.4 bp −$8 | 19.4 bp −$194 | 88.9 bp −$8,893 | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.1732% | 1h | 0.2265 | −0.871% | $41K | $157K | 12x | as long as short |
| Bybit ARBUSDT | −0.0283% | 8h | 0.2283 | −0.066% | $59.2M | $130.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0231% | 1h | 0.2280 | −0.214% | $5K | $2.8M | 5x | as long as short |
| 01 Exchange ARBUSDshort | −0.0128% | 1h | 0.2276 | −0.376% | $7K | $2K | 10x | |
| Variational Omni ARB | −0.0112% | 8h | 0.2279 | −0.248% | $1.9M | $2.9M | — | as long as short |
| Kraken Futures PF_ARBUSD | −0.0026% | 1h | 0.2284 | −0.041% | $1.1M | $5.1M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0004% | 1h | 0.2277 | −0.341% | $70K | $2.4M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2280 | −0.210% | $67K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2282 | −0.136% | $37K | $18K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2280 | −0.216% | $61K | — | 150x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
SoDEX ARB-USD
Variational Omni ARB
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | +0.0008% | 8h | 0.2280 | −0.214% | $11K | $386K | 10x | as long as short |
| MEXC ARB_USDT | +0.0012% | 8h | 0.2283 | −0.061% | $38.3M | $62.8M | 200x | as long as short |
| OKX ARB-USDT-SWAP | +0.0014% | 8h | 0.2284 | −0.031% | $23.7M | $167.3M | 50x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2285 | long leg | $1.4M | $7.6M | 15x | |
| Extended ARB-USD | +0.0096% | 1h | 0.2284 | −0.033% | $363K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0098% | 8h | 0.2285 | −0.010% | $64.8M | $317.9M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2288 | +0.131% | $42.3M | $51.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2283 | −0.100% | $720K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2280 | −0.198% | $54K | $196K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2284 | −0.022% | $5.6M | $21.5M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2286 | +0.066% | $21.4M | $17.2M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2284 | −0.039% | $21.5M | $38.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2282 | −0.127% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2285 | +0.022% | $39K | $446K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2283 | −0.081% | $486K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2282 | −0.127% | $126K | $272K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2281 | −0.171% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2278 | −0.298% | $281K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2283 | −0.083% | $5.5M | $14.0M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2283 | −0.082% | $152K | $9K | 3x | as long as short |
| BloFin ARB-USDT | +0.0218% | 8h | 0.2284 | −0.026% | $3.2M | $3.1M | 75x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2276 | −0.373% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0303% / S −0.0215% | 1h | 0.2280 | −0.221% | $800K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0328% | 1h | 0.2282 | −0.127% | $511K | $2.5M | 50x | as long as short |
| RISEx ARB/USDC | +0.0564% | 1h | 0.2279 | −0.263% | $515K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0616% | 1h | 0.2286 | +0.057% | $981K | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Extended ARB-USD
Binance ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP