Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h —
Price spread now: Polymarket Perps against Lighter+0.118%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.118% dearer against Lighter than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARM | 321.13 | 0.0032 | pay 0.0004% / 1h | 9m 09s | — | — | 10x |
| Short | Polymarket Perps ARM-USD | 321.51 | 0.0050 | get 0.0006% / 1h | 9m 09s | $372K | $1.2M | 10x |
Funding 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: +0.118% → 0.000%
- $11.83
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $7.61
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Polymarket Perps: live order book, 4 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 no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 4 min ago | 2.33 bp | 6.6 bp −$7 | 7.5 bp −$75 | 11.2 bp −$1,124 | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0459% | 8h | 321.56 | +0.134% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0015% | 8h | 321.58 | +0.140% | $123K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.23 | +0.031% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.47 | +0.107% | $36K | $312K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.53 | +0.126% | $8.2M | $50.0M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.39 | +0.081% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.59 | +0.143% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.61 | +0.149% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.39 | +0.081% | $187K | $252K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.52 | +0.120% | $1K | $237K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | +0.190% | $988 | $2.4M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.37 | +0.075% | $18K | $15K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.41 | +0.087% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 321.13 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.64 | +0.159% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 321.51 | +0.118% | $372K | $1.2M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.22 | +0.028% | $185K | $440K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.74 | +0.190% | $2.3M | $121K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 320.83 | −0.093% | $98K | $289K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.112% | $5K | $49K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 321.55 | +0.131% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0241% | 1h | 321.62 | +0.153% | $8.2M | $8.6M | 10x | as long as short |
| edgeX ARMUSDC | +0.0756% | 4h | 321.42 | +0.089% | $36K | $355K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0933% | 1h | 321.55 | +0.131% | $12K | $59K | 10x | as long as short |
Lighter ARM
Polymarket Perps ARM-USD
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM
tradeXYZ xyz:ARM
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL