Funding you earn now, next payment 11:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h —
Price spread now: Lighter against Polymarket Perps−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.022% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 320.76 | 0.0050 | pay 0.0006% / 1h | 28m 52s | $365K | $1.2M | 10x |
| Short | Lighter ARM | 320.69 | 0.0032 | get 0.0004% / 1h | 28m 52s | — | — | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.78
- Price spread: −0.022% → 0.000%
- −$2.18
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.96
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 3 min ago; Lighter: no order-book sample. Net counts fees only.
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, 3 min ago | 0.62 bp | 7.5 bp −$8 | 8.2 bp −$82 | 13.0 bp −$1,297 | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARM on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0011% | 8h | 320.93 | +0.053% | $128K | $56K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.30 | +0.167% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.97 | +0.067% | $31K | $321K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.08 | +0.100% | $8.2M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.11 | +0.109% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.02 | +0.081% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.19 | +0.134% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 321.06 | +0.094% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.73 | −0.009% | $186K | $219K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.96 | +0.062% | $1K | $2.1M | 10x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 320.75 | −0.003% | $18K | $11K | 20x | as long as short |
| QFEX ARM-USD | +0.0019% | 1h | 320.98 | +0.069% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARMshort | +0.0032% | 1h | 320.69 | −0.022% | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.15 | +0.122% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 320.76 | long leg | $365K | $1.2M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.71 | −0.016% | $181K | $440K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0059% | 1h | 320.78 | +0.006% | $8.3M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0096% | 1h | 320.69 | −0.022% | $99K | $271K | 10x | as long as short |
| edgeX ARMUSDC | +0.0152% | 4h | 320.72 | −0.012% | $35K | $363K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0197% | 8h | 321.22 | +0.143% | $2.3M | $293K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0207% | 1h | 322.26 | +0.468% | $3K | $60K | 12x | as long as short |
| Phoenix ARM | +0.0248% | 1h | 320.74 | −0.006% | $8K | $424K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0280% | 1h | 320.93 | +0.053% | $12K | $54K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0472% | 8h | 320.77 | +0.004% | $914 | $257K | 10x | as long as short |
Polymarket Perps ARM-USD
Lighter ARM
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
edgeX ARMUSDC
KuCoin ARMUSDTM
Injective ARM/USDC PERP
Phoenix ARM
Deribit ARM_USDC-PERPETUAL
GRVT ARM_USDT_Perp