Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.008%
Price spread now: ApeX Omni against Lighter−0.248%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.415%+$42 · spread now −0.248%, 7d avg +0.009%
=Together, before fees+0.443%+ Points / potential airdropLighter: Season 3 · farm board+$44 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: ApeX Omni is 0.257% cheaper against Lighter than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2218 | 0.0096 | pay 0.0012% / 1h | 45m 22s | $1.3M | $5.5M | 15x |
| Short | ApeX Omni ARBUSDT | 0.2213 | 0.0100 | get 0.0013% / 1h | 45m 22s | $119K | $282K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $0.84
- Price spread: −0.248% → +0.009%
- −$25.65
- Slippage, 4 orders
- −$47.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$81.92
- Costs to cover
- 0.571%
- Break-even
- 689.7 days
Slippage from Lighter: live order book, 8 min ago; ApeX Omni: live order book, 62 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 Lighter live order book, 8 min ago | 2.26 bp | 14.4 bp −$14 | 25.7 bp −$257 | 99.7 bp −$9,967 | doesn't fit |
| Sell ApeX Omni live order book, 62 min ago | 9.18 bp | 18.3 bp −$18 | 110.8 bp −$1,108 | doesn't fit | 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 | −0.1592% | 1h | 0.2202 | −0.744% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0216% | 1h | 0.2217 | −0.059% | $68K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0072% | 8h | 0.2218 | −0.032% | $22.1M | $147.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0072% | 8h | 0.2218 | −0.036% | $41.8M | $61.6M | 200x | as long as short |
| Variational Omni ARB | −0.0065% | 8h | 0.2209 | −0.448% | $1.8M | $3.0M | — | as long as short |
| 01 Exchange ARBUSD | −0.0064% | 1h | 0.2214 | −0.194% | $7K | $236 | 10x | as long as short |
| SoDEX ARB-USD | −0.0050% | 1h | 0.2218 | 0.000% | $9K | $2.2M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2217 | −0.068% | $12K | $406K | 10x | as long as short |
| Bybit ARBUSDT | −0.0024% | 8h | 0.2218 | −0.027% | $54.6M | $126.5M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2211 | −0.328% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2219 | +0.027% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2218 | −0.004% | $44K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2214 | −0.210% | $461K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0058% | 8h | 0.2218 | −0.023% | $21.3M | $34.8M | 50x | as long as short |
| Gate ARB_USDT | +0.0067% | 8h | 0.2218 | −0.023% | $5.5M | $18.3M | 60x | as long as short |
| BingX ARB-USDT | +0.0093% | 8h | 0.2218 | −0.041% | — | $53.0M | — | as long as short |
| Binance ARBUSDT | +0.0093% | 8h | 0.2219 | +0.032% | $63.4M | $301.9M | 75x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2218 | long leg | $1.3M | $5.5M | 15x | |
| Extended ARB-USD | +0.0096% | 1h | 0.2218 | −0.043% | $352K | $2.8M | 25x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2220 | +0.068% | $37.5M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2219 | +0.034% | $637K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2212 | −0.313% | $43K | $150K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2219 | +0.014% | $19.8M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2210 | −0.388% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2212 | −0.290% | $480K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2213 | −0.248% | $119K | $282K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2215 | −0.158% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | −0.090% | $296K | $872K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | −0.023% | $5.0M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2219 | +0.019% | $141K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0213% | 8h | 0.2218 | 0.000% | $3.1M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0229% | 1h | 0.2220 | +0.089% | $1.1M | $4.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2219 | +0.021% | $837K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2217 | −0.068% | $519K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2217 | −0.059% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0642% | 1h | 0.2213 | −0.239% | $992K | $2.8M | 20x | as long as short |
Lighter ARB
ApeX Omni ARBUSDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
01 Exchange ARBUSD
SoDEX ARB-USD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
RISEx ARB/USDC
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
Binance ARBUSDT
Extended ARB-USD
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP