Funding you earn now, next payment 03:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter against Aevo+0.123%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1311.308% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−2.820%−$282 · spread now +0.123%, 7d avg −0.029%
=Together, before fees−2.837%+ Points / potential airdropLighter: Season 3 · farm board−$284 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.152% dearer against Aevo than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2219 | 0.0088 | pay 0.0011% / 1h | 8m 51s | $141K | $7K | 3x |
| Short | Lighter ARB | 0.2222 | 0.0096 | get 0.0012% / 1h | 8m 51s | $1.2M | $6.4M | 15x |
Aevo ARB-PERP
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- $1.68
- Price spread: +0.123% → −0.029%
- $15.24
- Slippage, 4 orders
- −$114.81
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$113.89
- Costs to cover
- 1.308%
- Break-even
- 481.6 days
Slippage from Aevo: live order book, 55 min ago; Lighter: live order book, 4 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 Aevo live order book, 55 min ago | 31.43 bp | 55.5 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 2.25 bp | 6.0 bp −$6 | 20.3 bp −$203 | 91.9 bp −$9,189 | 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 | −0.1577% | 1h | 0.2218 | −0.039% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0200% | 1h | 0.2222 | +0.141% | $24K | $34K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0143% | 8h | 0.2219 | −0.003% | $22.4M | $149.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0141% | 8h | 0.2220 | +0.060% | $38.2M | $59.4M | 200x | as long as short |
| Variational Omni ARB | −0.0140% | 8h | 0.2223 | +0.187% | $1.9M | $2.9M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0119% | 1h | 0.2222 | +0.132% | $87K | $2.1M | 10x | as long as short |
| Gate ARB_USDT | −0.0114% | 8h | 0.2221 | +0.105% | $5.4M | $19.2M | 60x | as long as short |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2222 | +0.137% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2223 | +0.179% | $1.1M | $4.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0087% | 1h | 0.2222 | +0.128% | $10K | $2.3M | 5x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Polymarket Perps ARB-USD
Gate ARB_USDT
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2221 | +0.096% | $12K | $387K | 10x | as long as short |
| Bybit ARBUSDT | −0.0070% | 8h | 0.2220 | +0.051% | $56.5M | $125.9M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2222 | +0.162% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2223 | +0.186% | $11K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0024% | 8h | 0.2221 | +0.096% | $64.8M | $306.7M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2220 | +0.055% | $353K | $2.5M | 25x | as long as short |
| Phemex ARBUSDT | +0.0044% | 8h | 0.2222 | +0.141% | $5.0M | $12.9M | 50x | as long as short |
| Bitget ARBUSDT | +0.0073% | 8h | 0.2220 | +0.051% | $21.2M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0078% | 8h | 0.2220 | +0.051% | — | $53.8M | — | as long as short |
| Aevo ARB-PERPlong | +0.0088% | 1h | 0.2219 | long leg | $141K | $7K | 3x | |
| Lighter ARBshort | +0.0096% | 1h | 0.2222 | +0.123% | $1.2M | $6.4M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2222 | +0.159% | $38.5M | $49.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2223 | +0.165% | $651K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2221 | +0.104% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2221 | +0.119% | $19.6M | $15.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2224 | +0.252% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2225 | +0.277% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2227 | +0.366% | $120K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.186% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.168% | $302K | $939K | 50x | as long as short |
| BloFin ARB-USDT | +0.0103% | 8h | 0.2221 | +0.105% | $3.1M | $2.6M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2229 | +0.457% | $499K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2223 | +0.204% | $485K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2223 | +0.182% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2221 | +0.075% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0563% | 1h | 0.2224 | +0.240% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Phemex ARBUSDT
Bitget ARBUSDT
BingX ARB-USDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP