Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%
Price spread now: Aster against Lighter−0.014%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 5 days (all we have)−0.394%−$39 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.014%, 7d avg −0.011%
=Together, before fees−0.446%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$45 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter POL | 0.1126 | 0.0096 | pay 0.0012% / 1h | 0m 12s | $300K | $577K | 8x |
| Short | Aster POLUSDT | 0.1126 | 0.0100 | get 0.0050% / 4h | 1h 00m | $374K | $360K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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: −0.014% → −0.011%
- −$0.25
- Slippage, 4 orders
- −$42.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$50.23
- Costs to cover
- 0.508%
- Break-even
- 425.6 days
Slippage from Lighter: live order book, 10 min ago; Aster: live order book, 17 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 Lighter live order book, 10 min ago | 5.39 bp | 5.5 bp −$6 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell Aster live order book, 17 min ago | 7.11 bp | 16.4 bp −$16 | 274.5 bp −$2,745 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.0162% | 1h | 0.1111 | −1.340% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1122 | −0.363% | $205K | $236K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1127 | +0.048% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0007% | 4h | 0.1126 | −0.026% | $11K | $195K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1125 | −0.066% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1126 | +0.031% | $24K | — | 150x | as long as short |
| dYdX POL-USD | +0.0024% | 1h | 0.1125 | −0.097% | $17K | $3K | 5x | as long as short |
| Lighter POLlong | +0.0096% | 1h | 0.1126 | long leg | $300K | $577K | 8x | |
| Aster POLUSDTshort | +0.0100% | 4h | 0.1126 | −0.014% | $374K | $360K | 20x | |
| Binance POLUSDT | +0.0100% | 4h | 0.1126 | −0.026% | $17.4M | $50.8M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1125 | −0.088% | $16.2M | $15.5M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1126 | −0.035% | $5.8M | $11.9M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1125 | −0.132% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1126 | −0.026% | $24.2M | $3.9M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1126 | −0.035% | $2.8M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1126 | −0.008% | $4.2M | $5.8M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1126 | −0.008% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1123 | −0.257% | $664K | $189K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1124 | −0.150% | $1.1M | $3.3M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1124 | −0.186% | $199K | $657K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1126 | −0.038% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1124 | −0.176% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1127 | +0.041% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0275% | 1h | 0.1128 | +0.187% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1125 | −0.106% | $914K | $169K | 75x | as long as short |
Lighter POL
Aster POLUSDT
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
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
BloFin POL-USDT