Funding you earn now, next payment 21:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.11 per $10,000 · paid last 24h +0.025%
Price spread now: Lighter against gTrade (Gains Network)+0.003%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) POL/USD | 0.1122 | L +0.0004% / S −0.0006% | pay 0.0001% / 1h | 31m 54s | $22K | — | 150x |
| Short | Lighter POL | 0.1122 | 0.0096 | get 0.0012% / 1h | 31m 54s | $324K | $558K | 8x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against gTrade (Gains Network). 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
- $19.31
- Price spread: +0.003% → 0.000%
- $0.27
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $9.58
- Costs to cover
- 0.100%
- Break-even
- 3.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 13 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 13 min ago | 5.56 bp | 10.2 bp −$10 | 68.5 bp −$685 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0063% | 1h | 0.1122 | +0.024% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0041% | 4h | 0.1121 | −0.059% | $11K | $216K | 20x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0032% | 1h | 0.1116 | −0.505% | $203K | $255K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1121 | −0.097% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USDlong | L +0.0004% / S −0.0006% | 1h | 0.1122 | long leg | $22K | — | 150x | |
| Injective POL/USDC PERP | +0.0012% | 1h | 0.1113 | −0.772% | $3K | $73K | 12x | as long as short |
| dYdX POL-USD | +0.0019% | 1h | 0.1122 | +0.073% | $17K | $3K | 5x | as long as short |
| OKX POL-USDT-SWAP | +0.0088% | 4h | 0.1121 | −0.059% | $5.8M | $12.5M | 50x | as long as short |
| Lighter POLshort | +0.0096% | 1h | 0.1122 | +0.003% | $324K | $558K | 8x | |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | −0.029% | $373K | $384K | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0100% | 4h | 0.1121 | −0.041% | $17.1M | $52.8M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1121 | −0.068% | $16.2M | $16.8M | 75x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1122 | +0.004% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1121 | −0.041% | $23.5M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1121 | −0.050% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1122 | −0.005% | $4.2M | $6.0M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1121 | −0.041% | — | $7.3M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1119 | −0.204% | $661K | $273K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | −0.209% | $1.1M | $3.5M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1119 | −0.237% | $198K | $657K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1121 | −0.057% | $93K | $447K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1122 | +0.037% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0138% | 1h | 0.1123 | +0.128% | $7.6M | $4.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1121 | −0.026% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1121 | −0.014% | $915K | $183K | 75x | as long as short |
gTrade (Gains Network) POL/USD
Lighter POL
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Injective POL/USDC PERP
OKX POL-USDT-SWAP
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT