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Funding arb · Price arb /

ARC

all ARC markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0275%/8h= −30.1% APRnext payment −$0.34 per $10,000 · paid last 24h −0.121%
Price spread now: Lighter against Kraken Futures+0.310%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on Lighter
What this pair did over the last
the charts below follow
Funding, last 6 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
The price spread pays, funding is against you. Lighter is 0.310% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.310% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ARCUSD0.078750.0371pay 0.0046% / 1h12m 44s$51K$77K20x
ShortLighter ARC0.078990.0096get 0.0012% / 1h12m 44s$38K$6K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Kraken Futures. 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
−$57.65
Price spread: +0.310% → 0.000%
$31.01
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$36.65
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample—————
Sell Lighter no order-book sample—————
Kraken Futures and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARCshort+0.0096%1h0.07899+0.310%$38K$6K3x
Aster ARCUSDT+0.0100%4h0.07878+0.041%$19K$14K5xas long as short
Bybit ARCUSDT+0.0100%4h0.07901+0.333%$2.8M$4.2M13xas long as short
Gate ARC_USDT+0.0100%4h0.07900+0.320%$3.1M$204K20xas long as short
KuCoin ARCUSDTM+0.0100%4h0.07900+0.315%$1.3M$1.6M20xas long as short
SunX ARC-USDT+0.0100%4h0.07893+0.231%$2K$1.3M20xas long as short
Extended ARC-USD+0.0136%1h0.07909+0.433%$30K$216K5xas long as short
Binance ARCUSDT+0.0146%4h0.07909+0.437%$24.5M$6.1M20xas long as short
BloFin ARC-USDT+0.0153%4h0.07906+0.396%$1.2M$39K20xas long as short
Kraken Futures PF_ARCUSDlong+0.0371%1h0.07875long leg$51K$77K20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARCUSDT+0.0478%4h0.07914+0.498%$1.7M$456K10xas long as short
BingX ARC-USDT+0.0504%4h0.07910+0.447%—$1.7M—as long as short