Funding you earn now, next payment 22:00 UTC+0.0734%/8h= +80.3% APRpaid last 24h +0.263%
Price spread now: Binance against Lighter+0.204%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
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Binance is 0.204% dearer against Lighter than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARC | 0.07781 | 0.0096 | pay 0.0012% / 1h | 5m 55s | $42K | $2K | 3x |
| Short | Binance ARCUSDT | 0.07797 | 0.0830 | get 0.0415% / 4h | 2h 05m | $24.2M | $7.2M | 20x |
Lighter ARC
Binance ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $154.06
- Price spread: +0.204% → 0.000%
- $20.43
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $164.5
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 5 min ago. 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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.64 bp | 50.0 bp −$50 | 171.9 bp −$1,719 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0095% | 1h | 0.07771 | −0.129% | $49K | $81K | 20x | as long as short |
| Lighter ARClong | +0.0096% | 1h | 0.07781 | long leg | $42K | $2K | 3x | |
| Gate ARC_USDT | +0.0100% | 4h | 0.07790 | +0.114% | $3.0M | $336K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07779 | −0.027% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0716% | 4h | 0.07809 | +0.355% | $1.3M | $1.8M | 20x | as long as short |
| Bitget ARCUSDT | +0.0798% | 4h | 0.07798 | +0.217% | $1.7M | $531K | 10x | as long as short |
| Binance ARCUSDTshort | +0.0830% | 4h | 0.07797 | +0.204% | $24.2M | $7.2M | 20x | |
| Extended ARC-USD | +0.0832% | 1h | 0.07800 | +0.245% | $30K | $118K | 5x | as long as short |
| BloFin ARC-USDT | +0.0902% | 4h | 0.07806 | +0.320% | $1.2M | $61K | 20x | as long as short |
| Aster ARCUSDT | +0.1429% | 4h | 0.07799 | +0.230% | $19K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
Bitget ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
Aster ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.1942% | 4h | 0.07792 | +0.140% | $2.7M | $4.3M | 13x | as long as short |
| BingX ARC-USDT | +0.2000% | 4h | 0.07797 | +0.204% | — | $1.7M | — | as long as short |
Bybit ARCUSDT
BingX ARC-USDT