Funding you earn now, next payment 09:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.027%
Price spread now: Binance against Lighter−0.045%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now −0.045%, 7d avg −0.017%
=Together, before fees−0.068%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.028% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARB | 0.2209 | 0.0096 | pay 0.0012% / 1h | 59m 59s | $1.2M | $5.7M | 15x |
| Short | Binance ARBUSDT | 0.2208 | 0.0004 | get 0.0004% / 8h | 6h 59m | $63.9M | $297.7M | 75x |
Lighter ARB
Binance ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$19.38
- Price spread: −0.045% → −0.017%
- −$2.84
- Slippage, 4 orders
- −$11.69
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$43.92
- Costs to cover
- 0.217%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Binance: live order book, 14 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, 3 min ago | 1.13 bp | 1.1 bp −$1 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.23 bp | 7.7 bp −$8 | 15.3 bp −$153 | 65.8 bp −$6,577 | 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 | −0.1605% | 1h | 0.2222 | +0.598% | $40K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0167% | 1h | 0.2211 | +0.086% | $1.1M | $4.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0127% | 1h | 0.2209 | 0.000% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0116% | 8h | 0.2207 | −0.077% | $22.5M | $146.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0116% | 8h | 0.2208 | −0.054% | $43.6M | $64.2M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0072% | 1h | 0.2210 | +0.045% | $7K | $458 | 10x | as long as short |
| Gate ARB_USDT | −0.0042% | 8h | 0.2208 | −0.032% | $5.4M | $18.5M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0033% | 8h | 0.2210 | +0.054% | $16K | $411K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0021% | 1h | 0.2210 | +0.059% | $28K | $37K | 25x | as long as short |
| Bybit ARBUSDT | −0.0015% | 8h | 0.2208 | −0.050% | $54.2M | $124.4M | 50x | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Gate ARB_USDT
Orderly PERP_ARB_USDC
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2211 | +0.081% | $64K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2208 | −0.040% | $366K | $3.0M | 25x | as long as short |
| Binance ARBUSDTshort | +0.0004% | 8h | 0.2208 | −0.045% | $63.9M | $297.7M | 75x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2211 | +0.100% | $73K | — | 150x | as long as short |
| Phemex ARBUSDT | +0.0009% | 8h | 0.2210 | +0.054% | $4.8M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0021% | 8h | 0.2215 | +0.263% | $3.0M | $2.4M | 75x | as long as short |
| Variational Omni ARB | +0.0024% | 8h | 0.2210 | +0.043% | $1.8M | $3.0M | — | as long as short |
| BingX ARB-USDT | +0.0052% | 8h | 0.2208 | −0.032% | — | $32.6M | — | as long as short |
| Bitget ARBUSDT | +0.0055% | 8h | 0.2208 | −0.036% | $21.2M | $34.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2210 | +0.064% | $140K | $7K | 3x | as long as short |
| Lighter ARBlong | +0.0096% | 1h | 0.2209 | long leg | $1.2M | $5.7M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2212 | +0.127% | $35.9M | $51.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2211 | +0.097% | $634K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2211 | +0.103% | $44K | $143K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2210 | +0.041% | $19.2M | $13.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2214 | +0.257% | $40K | $467K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2215 | +0.277% | $474K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2215 | +0.281% | $120K | $290K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2211 | +0.095% | $74K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2212 | +0.145% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2210 | +0.041% | $297K | $819K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2212 | +0.165% | $544K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2216 | +0.316% | $838K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2212 | +0.135% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0296% | 1h | 0.2212 | +0.122% | $988K | $2.8M | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2221 | +0.570% | $532K | $1.6M | 50x | as long as short |
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Phemex ARBUSDT
BloFin ARB-USDT
Variational Omni ARB
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
Coinbase International ARB-PERP-INTX