Funding you earn now, next payment 01:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.010%
Price spread now: Polymarket Perps against Lighter+0.052%45s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as 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−$200.204% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)+0.351%+$35 · spread now +0.052%, 7d avg −0.010%
=Together, before fees+0.109%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.062% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.242%, 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 | Lighter LITE | 965.36 | 0.0032 | pay 0.0004% / 1h | 6m 46s | $27K | $101K | 10x |
| Short | Polymarket Perps LITE-USD | 965.86 | 0.0050 | get 0.0006% / 1h | 6m 46s | $75K | $228K | 10x |
Lighter LITE
Polymarket Perps LITE-USDFunding 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
- $3.78
- Price spread: +0.052% → −0.010%
- $6.15
- Slippage, 4 orders
- −$12.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$10.43
- Costs to cover
- 0.204%
- Break-even
- 26.3 days
Slippage from Lighter: live order book, 48 min ago; Polymarket Perps: live order book, 66 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, 48 min ago | 0.98 bp | 3.1 bp −$3 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 66 min ago | 2.08 bp | 6.1 bp −$6 | 7.8 bp −$78 | doesn't fit | doesn't fit |
LITE on 27 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 LITE-PERP-INTX | −0.0096% | 1h | 960.78 | −0.474% | $111K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0028% | 8h | 966.42 | +0.110% | $226K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 966.71 | +0.139% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 966.15 | +0.082% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.46 | +0.010% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 966.41 | +0.109% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.78 | +0.044% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 965.76 | +0.041% | $560 | $206K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 966.00 | +0.066% | $707 | $4.0M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 966.24 | +0.091% | $7K | $31K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 966.42 | +0.110% | $1.5M | $682K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.86 | +0.052% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 965.36 | long leg | $27K | $101K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.44 | +0.008% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDshort | +0.0050% | 1h | 965.86 | +0.052% | $75K | $228K | 10x | |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.45 | +0.009% | $168K | $165K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.55 | +0.020% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 965.17 | −0.020% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.89 | +0.055% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.77 | +0.042% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0175% | 1h | 965.86 | +0.052% | $23K | $10K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0247% | 1h | 965.77 | +0.042% | $7.3M | $5.0M | 10x | as long as short |
| Variational Omni LITE | +0.0256% | 8h | 965.16 | −0.021% | $243K | $141K | — | as long as short |
| edgeX LITEUSDC | +0.0264% | 4h | 965.57 | +0.021% | $73K | $456K | 10x | as long as short |
| Extended LITE-USD | +0.0360% | 1h | 965.66 | +0.031% | $9K | $203K | 10x | as long as short |
| Binance LITEUSDT | +0.0362% | 8h | 965.81 | +0.047% | $13.8M | $44.1M | 25x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0424% | 1h | 965.67 | +0.032% | $19K | $37K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
Vest LITE-USD-PERP
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
tradeXYZ xyz:LITE
Variational Omni LITE
edgeX LITEUSDC
Extended LITE-USD
Binance LITEUSDT
Deribit LITE_USDC-PERPETUAL