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

ARB

all ARB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.007%
Price spread now: Lighter against SunX+0.018%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1761.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 3 days (all we have)−1.232%−$123 · spread now +0.018%, 7d avg −0.066%
Together, before fees−1.274%+ Points / potential airdropLighter: Season 3 · farm board−$127 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 0.084% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ARB-USDT0.22280.0100pay 0.0100% / 8h2h 06m$2K$1.1M30x
ShortLighter ARB0.22280.0096get 0.0012% / 1h6m 13s$1.3M$7.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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: +0.018% → −0.066%
$8.41
Slippage, 4 orders
−$168.34
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$168.76
Costs to cover
1.763%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; Lighter: live order book, 12 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 SunX live order book, 7 min ago31.43 bp64.1 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 12 min ago1.78 bp12.0 bp −$1225.1 bp −$251116.6 bp −$11.7Kdoesn'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−0.1675%1h0.2212−0.718%$40K$197K12xas long as short
01 Exchange ARBUSD−0.0280%1h0.2223−0.206%$7K$2K10xas long as short
Deribit ARB_USDC-PERPETUAL−0.0244%1h0.2227−0.027%$38K$20K25xas long as short
Variational Omni ARB−0.0159%8h0.2225−0.121%$1.9M$2.8Mas long as short
SoDEX ARB-USD−0.0138%1h0.2226−0.072%$4K$2.9M5xas long as short
Bybit ARBUSDT−0.0134%8h0.2227−0.058%$56.2M$135.8M50xas long as short
MEXC ARB_USDT−0.0110%8h0.2226−0.072%$36.9M$63.9M200xas long as short
OKX ARB-USDT-SWAP−0.0109%8h0.2226−0.067%$22.2M$163.9M50xas long as short
Polymarket Perps ARB-USD−0.0066%1h0.2226−0.085%$77K$2.2M10xas long as short
Kraken Futures PF_ARBUSD−0.0053%1h0.2228+0.010%$1.1M$5.3M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ARB-USD−0.0024%1h0.2226−0.094%$355K$2.4M25xas long as short
Orderly PERP_ARB_USDC−0.0022%8h0.2226−0.090%$10K$389K10xas long as short
Binance ARBUSDT−0.0021%8h0.2227−0.031%$63.4M$324.6M75xas long as short
dYdX ARB-USD0.0000%1h0.2227−0.055%$66K$4K10xas long as short
Gate ARB_USDT+0.0002%8h0.2227−0.058%$5.5M$21.6M60xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2228−0.021%$56K150xas long as short
Aevo ARB-PERP+0.0072%1h0.2227−0.050%$146K$12K3xas long as short
Bitget ARBUSDT+0.0088%8h0.2225−0.135%$20.9M$38.2M50xas long as short
BingX ARB-USDC+0.0089%8h0.2224−0.162%$6.5Mas long as short
Lighter ARBshort+0.0096%1h0.2228+0.018%$1.3M$7.8M15x
BloFin ARB-USDT+0.0099%8h0.2224−0.171%$3.0M$3.3M75xas long as short
Hyperliquid ARB+0.0100%1h0.2228−0.013%$39.7M$52.5M10xas long as short
Aster ARBUSDT+0.0100%8h0.2228+0.014%$691K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2227−0.057%$45K$200K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2226−0.081%$20.5M$16.9M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2231+0.126%$36K$459K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2231+0.136%$483K$4.1M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2230+0.090%$121K$297K50xas long as short
SunX ARB-USDTlong+0.0100%8h0.2228long leg$2K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2226−0.076%$274K$1.2M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2226−0.090%$5.2M$13.7M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0153% / S −0.0018%1h0.2228−0.019%$844K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2249+0.943%$504K$2.5M50xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2225−0.147%$2K$69520xas long as short
RISEx ARB/USDC+0.0546%1h0.2228−0.021%$494K$2.8M10xas long as short
Backpack ARB_USDC_PERP+0.0547%1h0.2228−0.004%$1.1M$2.7M20xas long as short