Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%
Price spread now: Variational Omni against Lighter−0.041%7-day average −0.100% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.005%$0 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.041%, 7d avg −0.100%
=Together, before fees+0.011%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.059% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter POL | 0.1126 | 0.0096 | pay 0.0012% / 1h | 17m 40s | $300K | $577K | 8x |
| Short | Variational Omni POL | 0.1126 | 0.0100 | get 0.0050% / 4h | 1h 17m | $665K | $193K | — |
Lighter POL
Variational Omni POLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $0.84
- Price spread: −0.041% → −0.100%
- $5.91
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $6.75
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 58 min ago; Variational Omni: RFQ quote, 1 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 Lighter live order book, 58 min ago | 6.24 bp | 8.5 bp −$9 | 54.3 bp −$543 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.44 bp | doesn't fit | 40.0 bp −$400 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.0162% | 1h | 0.1111 | −1.330% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1126 | +0.003% | $206K | $237K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1127 | +0.065% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0016% | 4h | 0.1125 | −0.051% | $11K | $199K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1125 | −0.059% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1126 | +0.033% | $24K | — | 150x | as long as short |
| dYdX POL-USD | +0.0004% | 1h | 0.1127 | +0.078% | $17K | $3K | 5x | as long as short |
| Lighter POLlong | +0.0096% | 1h | 0.1126 | long leg | $300K | $577K | 8x | |
| Aster POLUSDT | +0.0100% | 4h | 0.1127 | +0.055% | $377K | $360K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1126 | −0.003% | $17.4M | $51.6M | 75x | as long as short |
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1125 | −0.104% | $16.2M | $15.7M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1125 | −0.051% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1126 | +0.020% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1125 | −0.042% | $23.8M | $3.9M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1127 | +0.047% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1126 | +0.003% | $4.2M | $5.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1125 | −0.060% | — | $7.2M | — | as long as short |
| Variational Omni POLshort | +0.0100% | 4h | 0.1126 | −0.041% | $665K | $193K | — | |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1126 | −0.024% | $1.1M | $3.3M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1127 | +0.091% | $199K | $657K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1126 | −0.035% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1125 | −0.086% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1126 | +0.026% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0216% | 1h | 0.1128 | +0.198% | $7.6M | $4.6M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1127 | +0.083% | $917K | $170K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT