Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Lighter against MEXC+0.036%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.241% of the position
Funding, last 7 days+0.241%+$24 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.036%, 7d avg +0.053%
=Together, before fees+0.275%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC POL_USDT | 0.1102 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $23.8M | $3.6M | 125x |
| Short | Lighter POL | 0.1102 | 0.0096 | get 0.0012% / 1h | 19m 14s | $285K | $576K | 8x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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: +0.036% → +0.053%
- −$1.65
- Slippage, 4 orders
- −$24.07
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$26.56
- Costs to cover
- 0.241%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Lighter: live order book, 41 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 MEXC live order book, 4 min ago | 0.45 bp | 4.5 bp −$5 | 20.9 bp −$209 | 81.3 bp −$8,134 | 197.5 bp −$98.7K |
| Sell Lighter live order book, 41 min ago | 5.77 bp | 10.3 bp −$10 | 66.3 bp −$663 | doesn't fit | doesn't fit |
POL on 24 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 POL-PERP-INTX | −0.0312% | 1h | 0.1101 | −0.054% | $203K | $204K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1102 | −0.004% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1103 | +0.104% | $17K | $4K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | +0.052% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.853% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0040% | 4h | 0.1101 | −0.018% | $11K | $323K | 20x | as long as short |
| Lighter POLshort | +0.0096% | 1h | 0.1102 | +0.036% | $285K | $576K | 8x | |
| Aster POLUSDT | +0.0100% | 4h | 0.1103 | +0.131% | $367K | $276K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1102 | +0.009% | $17.1M | $43.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1101 | −0.054% | $15.9M | $12.3M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1102 | +0.009% | $5.7M | $10.4M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1101 | −0.018% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDTlong | +0.0100% | 4h | 0.1102 | long leg | $23.8M | $3.6M | 125x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | 0.000% | $2.9M | $999K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1102 | +0.018% | $4.2M | $4.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1101 | −0.018% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1102 | +0.027% | $610K | $224K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1104 | +0.213% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | +0.127% | $195K | $637K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1101 | −0.009% | $95K | $446K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1100 | −0.135% | $40K | — | 3x | as long as short |
| Kraken Futures PF_POLUSD | +0.0117% | 1h | 0.1103 | +0.100% | $1.2M | $1.2M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1102 | +0.011% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0229% | 1h | 0.1104 | +0.200% | $7.4M | $3.8M | 5x | as long as short |
MEXC POL_USDT
Lighter POL
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Kraken Futures PF_POLUSD
GMX POL/USD [ETH-USDC]
Hyperliquid POL