Funding you earn now, next payment 05:00 UTC+0.0157%/8h= +17.2% APRpaid last 24h +0.035%
Price spread now: Lighter against Bybit+0.055%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.055%, 7d avg +0.051%
=Together, before fees+0.049%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2188 | −0.0061 | get 0.0061% / 8h | 3h 25m | $55.4M | $123.4M | 50x |
| Short | Lighter ARB | 0.2190 | 0.0096 | get 0.0012% / 1h | 25m 16s | $1.3M | $5.5M | 15x |
Bybit ARBUSDT
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $32.92
- Price spread: +0.055% → +0.051%
- $0.42
- Slippage, 4 orders
- −$23.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.76
- Costs to cover
- 0.341%
- Break-even
- 7.2 days
Slippage from Bybit: live order book, 4 min ago; Lighter: live order book, 13 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 Bybit live order book, 4 min ago | 0.23 bp | 9.4 bp −$9 | 20.1 bp −$201 | 50.2 bp −$5,025 | doesn't fit |
| Sell Lighter live order book, 13 min ago | 2.05 bp | 6.2 bp −$6 | 18.7 bp −$187 | 101.4 bp −$10.1K | 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 | −0.1589% | 1h | 0.2181 | −0.334% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0176% | 1h | 0.2188 | +0.005% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2189 | +0.018% | $22.1M | $142.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2189 | +0.037% | $41.6M | $60.6M | 200x | as long as short |
| Variational Omni ARB | −0.0099% | 8h | 0.2188 | −0.003% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0067% | 8h | 0.2190 | +0.078% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDTlong | −0.0061% | 8h | 0.2188 | long leg | $55.4M | $123.4M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2190 | +0.073% | $1.1M | $4.4M | 50x | as long as short |
| Gate ARB_USDT | −0.0012% | 8h | 0.2189 | +0.032% | $5.3M | $18.1M | 60x | as long as short |
| 01 Exchange ARBUSD | −0.0008% | 1h | 0.2190 | +0.101% | $7K | $2K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Kraken Futures PF_ARBUSD
Gate ARB_USDT
01 Exchange ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | +0.104% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2190 | +0.096% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2190 | +0.082% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0040% | 1h | 0.2188 | −0.014% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0042% | 8h | 0.2190 | +0.072% | $63.8M | $299.1M | 75x | as long as short |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2189 | +0.032% | $20.8M | $33.8M | 50x | as long as short |
| BingX ARB-USDC | +0.0056% | 8h | 0.2188 | 0.000% | — | $6.5M | — | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2190 | +0.055% | $1.3M | $5.5M | 15x | |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2191 | +0.124% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2191 | +0.119% | $37.4M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2191 | +0.115% | $630K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2191 | +0.120% | $42K | $159K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2190 | +0.091% | $19.5M | $14.6M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2188 | −0.020% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2194 | +0.261% | $472K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2189 | +0.032% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2193 | +0.215% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2189 | +0.050% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2190 | +0.087% | $297K | $882K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2190 | +0.078% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2190 | +0.096% | $470K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0162% | 8h | 0.2189 | +0.050% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2194 | +0.260% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2190 | +0.069% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2188 | −0.002% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0542% | 1h | 0.2193 | +0.215% | $986K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP