XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0197%/8h= +21.6% APRnext payment +$0.25 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter against Polymarket Perps+0.094%45s7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as 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−$230.231% of the position

Long on Polymarket Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.163%−$16 on $10k

Price spread, last 7 days−0.140%−$14 · spread now +0.094%, 7d avg −0.022%

Together, before fees−0.303%+ Points / potential airdropLighter: Season 3 · farm board−$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.115% dearer against Polymarket Perps than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour. 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	Polymarket Perps XMR-USD	585.92	0.0307	pay 0.0038% / 1h	13m 37s	$23K	$2.1M	5x
Short	Lighter XMR	586.47	0.0504	get 0.0063% / 1h	13m 37s	$3.3M	$7.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Polymarket Perps. 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee LighterbpOrdersPrice spread, now +0.094%Rate

Funding earned: $41.43
Price spread: +0.094% → −0.022%: $11.5
Slippage, 4 orders: −$15.14
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $29.79
Costs to cover: 0.231%
Break-even: 2.0 days

Slippage from Polymarket Perps: live order book, 5 min ago; Lighter: 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 Polymarket Perps live order book, 5 min ago	3.15 bp	7.2 bp −$7	7.2 bp −$72	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	1.54 bp	3.6 bp −$4	13.1 bp −$131	124.1 bp −$12.4K	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	585.43	−0.084%	$46K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	−0.575%	$3K	$6K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	587.27	+0.230%	$1.0M	$658K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	585.88	−0.007%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	586.25	+0.056%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	583.53	−0.408%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0274%	1h	585.45	−0.080%	$106K	$50K	5x	as long as short
Polymarket Perps XMR-USDlong	+0.0307%	1h	585.92	long leg	$23K	$2.1M	5x
Lighter XMRshort	+0.0504%	1h	586.47	+0.094%	$3.3M	$7.2M	10x
Binance XMRUSDT	+0.0512%	8h	587.04	+0.191%	$53.5M	$165.9M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0512%	8h	586.90	+0.167%	$20.9M	$15.2M	100x	as long as short
Bybit XMRUSDT	+0.0524%	8h	587.48	+0.266%	$47.7M	$64.2M	75x	as long as short
Gate XMR_USDT	+0.0561%	8h	586.47	+0.094%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0581%	8h	587.03	+0.189%	—	$5.6M	—	as long as short
Bitget XMRUSDT	+0.0601%	8h	586.79	+0.148%	$9.6M	$14.1M	50x	as long as short
KuCoin XMRUSDTM	+0.0710%	8h	586.38	+0.079%	$48.2M	$26.0M	50x	as long as short
Aster XMRUSDT	+0.0720%	8h	586.34	+0.072%	$661K	$2.4M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0729%	1h	585.64	−0.048%	$172K	$536K	20x	as long as short
BloFin XMR-USDT	+0.0785%	8h	586.86	+0.160%	$2.7M	$11.4M	75x	as long as short
Paradex XMR-USD-PERP	+0.0918%	8h	587.20	+0.219%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0953%	8h	587.31	+0.237%	$341K	$764K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0953%	1h	584.92	−0.170%	$5.5M	$19.6M	50x	as long as short
Nado XMR-PERP	+0.0978%	1h	587.40	+0.252%	$1.3M	$463K	10x	as long as short
Pacifica XMR	+0.0996%	1h	586.74	+0.140%	$272K	$1.1M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1042% / S −0.1407%	1h	585.34	−0.098%	$653K	—	100x	as long as short
Hyperliquid XMR	+0.1069%	1h	586.57	+0.111%	$88.3M	$71.2M	5x	as long as short
Variational Omni XMR	+0.1072%	8h	587.04	+0.191%	$6.7M	$2.4M	—	as long as short
SoDEX XMR-USD	+0.1097%	1h	586.36	+0.075%	$446K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.1112%	8h	586.35	+0.073%	$41K	$721K	10x	as long as short
Extended XMR-USD	+0.1144%	1h	586.94	+0.174%	$3.2M	$8.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2489%	1h	586.52	+0.102%	$1K	$45K	10x	as long as short