Funding you earn now, next payment 11:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.068%
Price spread now: Lighter against 01 Exchange+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.032% dearer against 01 Exchange than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ARBUSD | 0.2188 | −0.0120 | get 0.0015% / 1h | 55m 48s | $7K | $414 | 10x |
| Short | Lighter ARB | 0.2189 | 0.0096 | get 0.0012% / 1h | 55m 48s | $1.3M | $5.3M | 15x |
01 Exchange ARBUSD
Lighter ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against 01 Exchange. 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
- $45.36
- Price spread: +0.032% → 0.000%
- $3.2
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $41.56
- Costs to cover
- 0.070%
- Break-even
- 0.6 days
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 5 min ago. Net counts fees only.
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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 5 min ago | 1.37 bp | 8.5 bp −$9 | 25.5 bp −$255 | 114.6 bp −$11.5K | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARB on 36 exchanges
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 | −0.1736% | 1h | 0.2182 | −0.283% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0236% | 1h | 0.2187 | −0.055% | $9K | $2.2M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0230% | 1h | 0.2188 | −0.004% | $1.1M | $4.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0185% | 8h | 0.2187 | −0.078% | $53.8M | $122.4M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0142% | 8h | 0.2186 | −0.082% | $22.8M | $143.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0141% | 8h | 0.2187 | −0.069% | $44.3M | $61.0M | 200x | as long as short |
| 01 Exchange ARBUSDlong | −0.0120% | 1h | 0.2188 | long leg | $7K | $414 | 10x | |
| Deribit ARB_USDC-PERPETUAL | −0.0116% | 1h | 0.2188 | −0.009% | $29K | $36K | 25x | as long as short |
| Binance ARBUSDT | −0.0034% | 8h | 0.2187 | −0.046% | $63.9M | $289.6M | 75x | as long as short |
| Extended ARB-USD | −0.0032% | 1h | 0.2186 | −0.104% | $359K | $3.0M | 25x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USDShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARB | −0.0025% | 8h | 0.2186 | −0.090% | $1.8M | $2.7M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2187 | −0.055% | $16K | $411K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2189 | +0.059% | $64K | $3K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2190 | +0.080% | $73K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0032% | 1h | 0.2187 | −0.069% | $73K | $1.9M | 10x | as long as short |
| Gate ARB_USDT | +0.0038% | 8h | 0.2187 | −0.041% | $5.5M | $16.3M | 60x | as long as short |
| Phemex ARBUSDT | +0.0043% | 8h | 0.2187 | −0.055% | $4.7M | $12.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2188 | −0.009% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0086% | 8h | 0.2189 | +0.055% | $3.0M | $2.1M | 75x | as long as short |
| Lighter ARBshort | +0.0096% | 1h | 0.2189 | +0.032% | $1.3M | $5.3M | 15x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | +0.073% | $35.7M | $50.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2189 | +0.048% | $626K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2191 | +0.129% | $42K | $143K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2188 | −0.032% | $19.0M | $13.4M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2187 | −0.055% | $21.0M | $33.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2187 | −0.055% | — | $31.8M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.076% | $40K | $468K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2189 | +0.037% | $467K | $3.4M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2190 | +0.082% | $118K | $311K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2192 | +0.174% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.032% | $296K | $816K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0210% | 1h | 0.2190 | +0.091% | $976K | $2.7M | 20x | as long as short |
| RISEx ARB/USDC | +0.0271% | 1h | 0.2190 | +0.075% | $531K | $2.4M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0279% / S −0.0162% | 1h | 0.2189 | +0.022% | $836K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2187 | −0.061% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2196 | +0.338% | $524K | $1.4M | 50x | as long as short |
Variational Omni ARB
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX