Funding you earn now, next payment 01:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h +0.052%
Price spread now: Lighter against MEXC+0.200%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.200%, 7d avg +0.035%
=Together, before fees+0.030%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.165% dearer against MEXC than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARB_USDT | 0.2252 | −0.0107 | get 0.0107% / 8h | 7h 01m | $39.0M | $59.6M | 200x |
| Short | Lighter ARB | 0.2256 | 0.0096 | get 0.0012% / 1h | 1m 56s | $1.4M | $7.3M | 15x |
MEXC ARB_USDT
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $42.63
- Price spread: +0.200% → +0.035%
- $16.51
- Slippage, 4 orders
- −$24.6
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $34.54
- Costs to cover
- 0.246%
- Break-even
- 1.3 days
Slippage from MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 0.22 bp | 1.3 bp −$1 | 25.3 bp −$253 | 48.9 bp −$4,894 | 82.9 bp −$41.5K |
| Sell Lighter live order book, 6 min ago | 2.86 bp | 11.2 bp −$11 | 22.8 bp −$228 | 104.6 bp −$10.5K | 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 | −0.1666% | 1h | 0.2238 | −0.617% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0197% | 8h | 0.2259 | +0.330% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2256 | +0.164% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0140% | 8h | 0.2252 | 0.000% | $58.5M | $127.1M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2255 | +0.133% | $1.1M | $5.0M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0108% | 8h | 0.2252 | −0.004% | $23.0M | $157.1M | 50x | as long as short |
| MEXC ARB_USDTlong | −0.0107% | 8h | 0.2252 | long leg | $39.0M | $59.6M | 200x | |
| SoDEX ARB-USD | −0.0103% | 1h | 0.2254 | +0.084% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0053% | 8h | 0.2256 | +0.182% | $13K | $388K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2257 | +0.213% | $67K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
SoDEX ARB-USD
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 | 0.2255 | +0.133% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2256 | +0.203% | $10K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2253 | +0.033% | $66.6M | $312.0M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2252 | −0.014% | $358K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0064% | 8h | 0.2257 | +0.213% | $3.2M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2255 | +0.139% | $143K | $7K | 3x | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2256 | +0.200% | $1.4M | $7.3M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2256 | +0.169% | $40.9M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2258 | +0.253% | $703K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2260 | +0.358% | $45K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2254 | +0.075% | $5.5M | $20.1M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2254 | +0.084% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2254 | +0.093% | $21.5M | $35.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2251 | −0.058% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2266 | +0.634% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2256 | +0.195% | $486K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2254 | +0.093% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2257 | +0.231% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2256 | +0.182% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2256 | +0.169% | $295K | $980K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2255 | +0.138% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2257 | +0.226% | $507K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0278% / S −0.0162% | 1h | 0.2257 | +0.213% | $856K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2256 | +0.181% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2256 | +0.189% | $512K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0584% | 1h | 0.2256 | +0.204% | $1.0M | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
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
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP