Funding arb · Price arb /

ARC

all ARC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h −0.211%

Price spread now: Lighter against BloFin−0.064%60s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 6 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 −$9 a day on $10k at the current rate, and Lighter is 0.064% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ARC-USDT	0.07809	0.0381	pay 0.0191% / 4h	59m 56s	$1.2M	$36K	20x
Short	Lighter ARC	0.07804	0.0096	get 0.0012% / 1h	59m 56s	$38K	$6K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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 BloFinbpFee LighterbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$59.87
Price spread: −0.064% → 0.000%: −$6.4
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$78.28
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 min ago; Lighter: 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 BloFin live order book, 2 min ago	7.04 bp	36.8 bp −$37	113.8 bp −$1,138	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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.

ARC on 12 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
Lighter ARCshort	+0.0096%	1h	0.07804	−0.064%	$38K	$6K	3x
Gate ARC_USDT	+0.0100%	4h	0.07804	−0.064%	$3.0M	$213K	20x	as long as short
KuCoin ARCUSDTM	+0.0100%	4h	0.07832	+0.296%	$1.3M	$1.6M	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07799	−0.128%	$1K	$1.4M	20x	as long as short
Bybit ARCUSDT	+0.0102%	4h	0.07798	−0.141%	$2.8M	$4.3M	13x	as long as short
Aster ARCUSDT	+0.0299%	4h	0.07792	−0.213%	$18K	$14K	5x	as long as short
Binance ARCUSDT	+0.0343%	4h	0.07800	−0.115%	$24.2M	$6.3M	20x	as long as short
Extended ARC-USD	+0.0344%	1h	0.07798	−0.145%	$29K	$197K	5x	as long as short
BloFin ARC-USDTlong	+0.0381%	4h	0.07809	long leg	$1.2M	$36K	20x
BingX ARC-USDT	+0.0502%	4h	0.07801	−0.102%	—	$1.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ARCUSDT	+0.0520%	4h	0.07799	−0.128%	$1.7M	$482K	10x	as long as short
Kraken Futures PF_ARCUSD	+0.0607%	1h	0.07776	−0.419%	$53K	$82K	20x	as long as short