Funding you earn now, next payment 12:00 UTC+0.1255%/8h= +137.4% APRnext payment +$1.57 per $10,000 · paid last 24h +0.095%
Price spread now: Kraken Futures against Lighter−0.363%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. Kraken Futures is 0.363% cheaper against Lighter than usual: you would sell low and buy high (spread −0.363% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 23 hours of funding at the current rate (+$38 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARC | 0.08102 | 0.0096 | pay 0.0012% / 1h | 45m 34s | $39K | $6K | 3x |
| Short | Kraken Futures PF_ARCUSD | 0.08073 | 0.1351 | get 0.0169% / 1h | 45m 34s | $55K | $47K | 20x |
Lighter ARC
Kraken Futures PF_ARCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $263.53
- Price spread: −0.363% → 0.000%
- −$36.27
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $217.26
- Costs to cover
- 0.100%
- Break-even
- 1.2 days
Slippage unknown: Lighter: no order-book sample; Kraken Futures: 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 no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Lighter and Kraken Futures: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARC-USDT | +0.0061% | 4h | 0.08081 | −0.259% | $1.3M | $38K | 20x | as long as short |
| Lighter ARClong | +0.0096% | 1h | 0.08102 | long leg | $39K | $6K | 3x | |
| Aster ARCUSDT | +0.0100% | 4h | 0.08092 | −0.126% | $19K | $14K | 5x | as long as short |
| Binance ARCUSDT | +0.0100% | 4h | 0.08112 | +0.119% | $25.2M | $5.0M | 20x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.08076 | −0.321% | $3.1M | $171K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.08097 | −0.065% | $1.3M | $1.6M | 20x | as long as short |
| Bitget ARCUSDT | +0.0100% | 4h | 0.08078 | −0.296% | $1.7M | $404K | 10x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.08094 | −0.099% | $1K | $1.1M | 20x | as long as short |
| Extended ARC-USD | +0.0104% | 1h | 0.08108 | +0.078% | $33K | $286K | 5x | as long as short |
| BingX ARC-USDT | +0.0136% | 4h | 0.08106 | +0.049% | — | $1.7M | — | as long as short |
BloFin ARC-USDT
Aster ARCUSDT
Binance ARCUSDT
Gate ARC_USDT
KuCoin ARCUSDTM
Bitget ARCUSDT
SunX ARC-USDT
Extended ARC-USD
BingX ARC-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.0230% | 4h | 0.08103 | +0.012% | $3.0M | $3.6M | 13x | as long as short |
| Kraken Futures PF_ARCUSDshort | +0.1351% | 1h | 0.08073 | −0.363% | $55K | $47K | 20x |
Bybit ARCUSDT