Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against KuCoin+0.021%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$880.881% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now +0.021%, 7d avg +0.020%
=Together, before fees+0.165%+ Points / potential airdropLighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1104 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $2.9M | $975K | 50x |
| Short | Lighter POL | 0.1104 | 0.0096 | get 0.0012% / 1h | 35m 37s | $285K | $564K | 8x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.021% → +0.020%
- $0.09
- Slippage, 4 orders
- −$76.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$88.87
- Costs to cover
- 0.881%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Lighter: live order book, 20 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 KuCoin live order book, 2 min ago | 6.80 bp | 32.9 bp −$33 | 128.0 bp −$1,280 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 20 min ago | 7.85 bp | 13.4 bp −$13 | 63.8 bp −$638 | doesn't fit | doesn't fit |
POL on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0464% | 1h | 0.1098 | −0.516% | $202K | $201K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1104 | +0.046% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1104 | 0.000% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1104 | +0.009% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.661% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0043% | 4h | 0.1103 | −0.045% | $11K | $298K | 20x | as long as short |
| Lighter POLshort | +0.0096% | 1h | 0.1104 | +0.021% | $285K | $564K | 8x | |
| Aster POLUSDT | +0.0100% | 4h | 0.1103 | −0.018% | $367K | $269K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1104 | +0.045% | $17.2M | $42.2M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1104 | +0.009% | $15.9M | $11.9M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1105 | +0.082% | $5.7M | $10.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1102 | −0.118% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1104 | +0.027% | $23.8M | $3.5M | 125x | as long as short |
| KuCoin POLUSDTMlong | +0.0100% | 4h | 0.1104 | long leg | $2.9M | $975K | 50x | |
| Bitget POLUSDT | +0.0100% | 4h | 0.1104 | +0.054% | $4.2M | $4.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1103 | −0.036% | — | $1.7M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1103 | −0.096% | $610K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | −0.156% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1101 | −0.245% | $195K | $636K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1104 | −0.004% | $92K | $448K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1102 | −0.196% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1104 | +0.001% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0229% | 1h | 0.1105 | +0.154% | $7.4M | $3.7M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0260% | 1h | 0.1105 | +0.074% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1102 | −0.172% | $911K | $166K | 75x | as long as short |
KuCoin POLUSDTM
Lighter POL
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
GMX POL/USD [ETH-USDC]
Hyperliquid POL
Kraken Futures PF_POLUSD
BloFin POL-USDT