Funding you earn now, next payment 03:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h +0.002%
Price spread now: Polymarket Perps against Lighter+0.020%45s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now +0.020%, 7d avg +0.022%
=Together, before fees+0.190%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XMR | 581.36 | 0.0552 | pay 0.0069% / 1h | 38m 50s | $3.3M | $7.1M | 10x |
| Short | Polymarket Perps XMR-USD | 581.47 | 0.0497 | get 0.0062% / 1h | 38m 50s | $31K | $2.1M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$11.61
- Price spread: +0.020% → +0.022%
- −$0.17
- Slippage, 4 orders
- −$16.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$36.62
- Costs to cover
- 0.248%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 9 min ago; Polymarket Perps: live order book, 5 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, 9 min ago | 2.15 bp | 2.2 bp −$2 | 12.7 bp −$127 | 131.1 bp −$13.1K | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.74 bp | 6.9 bp −$7 | 7.5 bp −$75 | doesn't fit | doesn't fit |
XMR on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0010% | 1h | 580.21 | −0.196% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.206% | $3K | $6K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 582.20 | +0.145% | $1.0M | $657K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 580.51 | −0.145% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 581.00 | −0.061% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 581.29 | −0.011% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0388% | 1h | 580.35 | −0.172% | $105K | $50K | 5x | as long as short |
| Polymarket Perps XMR-USDshort | +0.0497% | 1h | 581.47 | +0.020% | $31K | $2.1M | 5x | |
| MEXC XMR_USDT | +0.0520% | 8h | 581.64 | +0.049% | $20.6M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0520% | 8h | 581.41 | +0.010% | $53.0M | $166.9M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XMRlong | +0.0552% | 1h | 581.36 | long leg | $3.3M | $7.1M | 10x | |
| Backpack XMR_USDC_PERP | +0.0597% | 1h | 580.55 | −0.138% | $170K | $539K | 20x | as long as short |
| Gate XMR_USDT | +0.0613% | 8h | 580.84 | −0.089% | $1.6M | $4.5M | 50x | as long as short |
| Bitget XMRUSDT | +0.0615% | 8h | 581.33 | −0.004% | $9.5M | $14.2M | 50x | as long as short |
| BingX XMR-USDT | +0.0639% | 8h | 581.68 | +0.056% | — | $5.7M | — | as long as short |
| Bybit XMRUSDT | +0.0648% | 8h | 581.24 | −0.020% | $47.2M | $64.8M | 75x | as long as short |
| Aster XMRUSDT | +0.0713% | 8h | 581.36 | +0.001% | $648K | $2.4M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0778% | 8h | 581.00 | −0.061% | $47.8M | $26.1M | 50x | as long as short |
| BloFin XMR-USDT | +0.0793% | 8h | 581.42 | +0.011% | $2.7M | $11.4M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0962% | 1h | 579.74 | −0.278% | $5.5M | $20.0M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0988% | 8h | 581.30 | −0.010% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0995% / S −0.1304% | 1h | 580.27 | −0.187% | $647K | — | 100x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 581.45 | +0.016% | $264K | $1.1M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0998% | 8h | 583.48 | +0.365% | $345K | $766K | 10x | as long as short |
| Nado XMR-PERP | +0.1037% | 1h | 581.87 | +0.088% | $1.3M | $464K | 10x | as long as short |
| Variational Omni XMR | +0.1074% | 8h | 582.21 | +0.147% | $6.6M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1094% | 8h | 581.20 | −0.027% | $42K | $736K | 10x | as long as short |
| Hyperliquid XMR | +0.1158% | 1h | 581.54 | +0.032% | $87.4M | $71.5M | 5x | as long as short |
| SoDEX XMR-USD | +0.1312% | 1h | 581.29 | −0.011% | $442K | $3K | 5x | as long as short |
| Extended XMR-USD | +0.1376% | 1h | 581.44 | +0.015% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2593% | 1h | 581.79 | +0.075% | $2K | $46K | 10x | as long as short |
Lighter XMR
Polymarket Perps XMR-USD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Backpack XMR_USDC_PERP
Gate XMR_USDT
Bitget XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
Aster XMRUSDT
KuCoin XMRUSDTM
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Pacifica XMR
GRVT XMR_USDT_Perp
Variational Omni XMR
Hyperliquid XMR
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD