Funding you earn now, next payment 04:00 UTC−0.1376%/8h= −150.7% APRnext payment −$1.72 per $10,000 · paid last 24h −0.044%
Price spread now: Lighter against Kraken Futures+0.229%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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. Lighter is 0.229% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.229% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARCUSD | 0.07861 | 0.1472 | pay 0.0184% / 1h | 40m 18s | $54K | $85K | 20x |
| Short | Lighter ARC | 0.07879 | 0.0096 | get 0.0012% / 1h | 40m 18s | $38K | $6K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- −$289.03
- Price spread: +0.229% → 0.000%
- $22.89
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$276.14
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Kraken Futures and 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 | 0.07879 | +0.229% | $38K | $6K | 3x | |
| Gate ARC_USDT | +0.0100% | 4h | 0.07845 | −0.207% | $3.0M | $228K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07863 | +0.022% | $2K | $1.4M | 20x | as long as short |
| Aster ARCUSDT | +0.0149% | 4h | 0.07805 | −0.719% | $19K | $15K | 5x | as long as short |
| KuCoin ARCUSDTM | +0.0196% | 4h | 0.07861 | −0.006% | $1.3M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0482% | 4h | 0.07859 | −0.029% | $1.2M | $42K | 20x | as long as short |
| Extended ARC-USD | +0.0520% | 1h | 0.07881 | +0.249% | $29K | $193K | 5x | as long as short |
| Binance ARCUSDT | +0.0522% | 4h | 0.07883 | +0.274% | $24.5M | $6.9M | 20x | as long as short |
| Bitget ARCUSDT | +0.0990% | 4h | 0.07886 | +0.314% | $1.7M | $522K | 10x | as long as short |
| BingX ARC-USDT | +0.1226% | 4h | 0.07889 | +0.352% | — | $1.7M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.1271% | 4h | 0.07871 | +0.123% | $2.8M | $4.6M | 13x | as long as short |
| Kraken Futures PF_ARCUSDlong | +0.1472% | 1h | 0.07861 | long leg | $54K | $85K | 20x |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Aster ARCUSDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDT
BingX ARC-USDT
Bybit ARCUSDT