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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2228 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $2K | $1.1M | 30x |
| Short | Lighter ARB | 0.2228 | 0.0096 | get 0.0012% / 1h | 6m 13s | $1.3M | $7.8M | 15x |
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 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: +0.018% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 7 min ago | 31.43 bp | 64.1 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 12 min ago | 1.78 bp | 12.0 bp −$12 | 25.1 bp −$251 | 116.6 bp −$11.7K | 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 | −0.1675% | 1h | 0.2212 | −0.718% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0280% | 1h | 0.2223 | −0.206% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0244% | 1h | 0.2227 | −0.027% | $38K | $20K | 25x | as long as short |
| Variational Omni ARB | −0.0159% | 8h | 0.2225 | −0.121% | $1.9M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0138% | 1h | 0.2226 | −0.072% | $4K | $2.9M | 5x | as long as short |
| Bybit ARBUSDT | −0.0134% | 8h | 0.2227 | −0.058% | $56.2M | $135.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0110% | 8h | 0.2226 | −0.072% | $36.9M | $63.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2226 | −0.067% | $22.2M | $163.9M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0066% | 1h | 0.2226 | −0.085% | $77K | $2.2M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2228 | +0.010% | $1.1M | $5.3M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0024% | 1h | 0.2226 | −0.094% | $355K | $2.4M | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0022% | 8h | 0.2226 | −0.090% | $10K | $389K | 10x | as long as short |
| Binance ARBUSDT | −0.0021% | 8h | 0.2227 | −0.031% | $63.4M | $324.6M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2227 | −0.055% | $66K | $4K | 10x | as long as short |
| Gate ARB_USDT | +0.0002% | 8h | 0.2227 | −0.058% | $5.5M | $21.6M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2228 | −0.021% | $56K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2227 | −0.050% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2225 | −0.135% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0089% | 8h | 0.2224 | −0.162% | — | $6.5M | — | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2228 | +0.018% | $1.3M | $7.8M | 15x | |
| BloFin ARB-USDT | +0.0099% | 8h | 0.2224 | −0.171% | $3.0M | $3.3M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2228 | −0.013% | $39.7M | $52.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2228 | +0.014% | $691K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2227 | −0.057% | $45K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2226 | −0.081% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2231 | +0.126% | $36K | $459K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2231 | +0.136% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2230 | +0.090% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2228 | long leg | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2226 | −0.076% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2226 | −0.090% | $5.2M | $13.7M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0153% / S −0.0018% | 1h | 0.2228 | −0.019% | $844K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.943% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2225 | −0.147% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2228 | −0.021% | $494K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0547% | 1h | 0.2228 | −0.004% | $1.1M | $2.7M | 20x | as long as short |
SunX ARB-USDT
Lighter ARB
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
SoDEX ARB-USD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
Extended ARB-USD
Binance ARBUSDT
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDC
BloFin ARB-USDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP