Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.016%
Price spread now: Lighter RH against Arcus+0.059%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.059%, 7d avg +0.048%
=Together, before fees−0.201%+ Points / potential airdropLighter RH: Points live · farm board−$20 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BE-USD | 273.12 | 0.0040 | pay 0.0005% / 1h | 23m 33s | $114K | $134K | 10x |
| Short | Lighter RH BE | 273.28 | 0.0032 | get 0.0004% / 1h | 23m 33s | $249K | $424K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Arcus. 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
- −$1.74
- Price spread: +0.059% → +0.048%
- $1.08
- Slippage, 4 orders
- −$21.27
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$26.43
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 59 min ago; Lighter RH: live order book, 59 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 Arcus live order book, 59 min ago | 1.47 bp | 7.7 bp −$8 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 59 min ago | 4.22 bp | 5.0 bp −$5 | 11.4 bp −$114 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 273.02 | −0.037% | $343K | $117K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 273.32 | +0.074% | $46K | $270K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 273.41 | +0.106% | $8.5M | $37.4M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 273.24 | +0.044% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.10 | −0.007% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.26 | +0.051% | $1.7M | $2.7M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 273.25 | +0.049% | $7K | $191K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 273.35 | +0.084% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.49 | +0.135% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 273.02 | −0.037% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BEshort | +0.0032% | 1h | 273.28 | +0.059% | $249K | $424K | 10x | |
| QFEX BE-USD | +0.0035% | 1h | 273.35 | +0.084% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USDlong | +0.0040% | 1h | 273.12 | long leg | $114K | $134K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.22 | +0.037% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 272.24 | −0.322% | $467K | $121K | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0086% | 8h | 273.42 | +0.110% | $2.6M | $6.8M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 273.36 | +0.088% | $369K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.31 | +0.071% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 273.44 | +0.117% | $45K | $141K | 20x | as long as short |
| tradeXYZ xyz:BE | +0.0161% | 1h | 273.17 | +0.018% | $5.9M | $2.9M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.1069% | 1h | 273.35 | +0.084% | $6K | $4K | 10x | as long as short |
Lighter RH BE
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Coinbase International BE-PERP-INTX
OKX BE-USDT-SWAP
KuCoin BEUSDTM
BloFin BE-USDT
tradeXYZ xyz:BE
Deribit BE_USDC-PERPETUAL