Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ARB0.22180.0096pay 0.0012% / 1h45m 22s$1.3M$5.5M15x
ShortApeX Omni ARBUSDT0.22130.0100get 0.0013% / 1h45m 22s$119K$282K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 8 min ago2.26 bp14.4 bp −$1425.7 bp −$25799.7 bp −$9,967doesn't fit
Sell ApeX Omni live order book, 62 min ago9.18 bp18.3 bp −$18110.8 bp −$1,108doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1592%1h0.2202−0.744%$40K$372K12xas long as short
Polymarket Perps ARB-USD−0.0216%1h0.2217−0.059%$68K$2.1M10xas long as short
OKX ARB-USDT-SWAP−0.0072%8h0.2218−0.032%$22.1M$147.2M50xas long as short
MEXC ARB_USDT−0.0072%8h0.2218−0.036%$41.8M$61.6M200xas long as short
Variational Omni ARB−0.0065%8h0.2209−0.448%$1.8M$3.0Mas long as short
01 Exchange ARBUSD−0.0064%1h0.2214−0.194%$7K$23610xas long as short
SoDEX ARB-USD−0.0050%1h0.22180.000%$9K$2.2M5xas long as short
Orderly PERP_ARB_USDC−0.0044%8h0.2217−0.068%$12K$406K10xas long as short
Bybit ARBUSDT−0.0024%8h0.2218−0.027%$54.6M$126.5M50xas long as short
dYdX ARB-USD0.0000%1h0.2211−0.328%$65K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2219+0.027%$28K$38K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2218−0.004%$44K150xas long as short
RISEx ARB/USDC+0.0056%1h0.2214−0.210%$461K$2.6M10xas long as short
Bitget ARBUSDT+0.0058%8h0.2218−0.023%$21.3M$34.8M50xas long as short
Gate ARB_USDT+0.0067%8h0.2218−0.023%$5.5M$18.3M60xas long as short
BingX ARB-USDT+0.0093%8h0.2218−0.041%$53.0Mas long as short
Binance ARBUSDT+0.0093%8h0.2219+0.032%$63.4M$301.9M75xas long as short
Lighter ARBlong+0.0096%1h0.2218long leg$1.3M$5.5M15x
Extended ARB-USD+0.0096%1h0.2218−0.043%$352K$2.8M25xas long as short
Hyperliquid ARB+0.0100%1h0.2220+0.068%$37.5M$49.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2219+0.034%$637K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2212−0.313%$43K$150K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2219+0.014%$19.8M$14.3M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2210−0.388%$39K$465K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2212−0.290%$480K$3.7M10xas long as short
ApeX Omni ARBUSDTshort+0.0100%1h0.2213−0.248%$119K$282K50x
SunX ARB-USDT+0.0100%8h0.2215−0.158%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2217−0.090%$296K$872K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2218−0.023%$5.0M$12.8M50xas long as short
Aevo ARB-PERP+0.0104%1h0.2219+0.019%$141K$7K3xas long as short
BloFin ARB-USDT+0.0213%8h0.22180.000%$3.1M$2.4M75xas long as short
Kraken Futures PF_ARBUSD+0.0229%1h0.2220+0.089%$1.1M$4.5M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2219+0.021%$837K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2217−0.068%$519K$1.6M50xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2217−0.059%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0642%1h0.2213−0.239%$992K$2.8M20xas long as short