Funding you earn now, next payment 22:00 UTC−0.0778%/8h= −85.2% APRpaid last 24h −0.263%
Price spread now: Lighter against Binance−0.230%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$23 a day on $10k at the current rate, and Lighter is 0.230% cheaper against Binance than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARCUSDT | 0.07818 | 0.0874 | pay 0.0437% / 4h | 2h 09m | $24.2M | $7.2M | 20x |
| Short | Lighter ARC | 0.07801 | 0.0096 | get 0.0012% / 1h | 9m 40s | $42K | $2K | 3x |
Binance ARCUSDT
Lighter ARCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$163.44
- Price spread: −0.230% → 0.000%
- −$22.98
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$196.42
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 1 min ago; Lighter: no order-book sample. 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 Binance live order book, 1 min ago | 0.64 bp | 61.3 bp −$61 | 275.6 bp −$2,756 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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.
ARC on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0095% | 1h | 0.07769 | −0.636% | $49K | $80K | 20x | as long as short |
| Lighter ARCshort | +0.0096% | 1h | 0.07801 | −0.230% | $42K | $2K | 3x | |
| Gate ARC_USDT | +0.0100% | 4h | 0.07794 | −0.313% | $3.0M | $336K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07786 | −0.415% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0738% | 4h | 0.07807 | −0.148% | $1.3M | $1.8M | 20x | as long as short |
| Bitget ARCUSDT | +0.0830% | 4h | 0.07814 | −0.057% | $1.7M | $530K | 10x | as long as short |
| Extended ARC-USD | +0.0872% | 1h | 0.07813 | −0.071% | $30K | $118K | 5x | as long as short |
| Binance ARCUSDTlong | +0.0874% | 4h | 0.07818 | long leg | $24.2M | $7.2M | 20x | |
| BloFin ARC-USDT | +0.0930% | 4h | 0.07834 | +0.199% | $1.2M | $61K | 20x | as long as short |
| Aster ARCUSDT | +0.1483% | 4h | 0.07827 | +0.111% | $19K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
Bitget ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
Aster ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.2104% | 4h | 0.07805 | −0.172% | $2.7M | $4.4M | 13x | as long as short |
| BingX ARC-USDT | +0.2228% | 4h | 0.07810 | −0.108% | — | $1.7M | — | as long as short |
Bybit ARCUSDT
BingX ARC-USDT