Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.012%
Price spread now: Polymarket Perps against Lighter+0.033%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.184% of the position
Funding, last 7 days−0.237%−$24 on $10k
+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 0.033% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.237%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 944.43 | 0.0032 | pay 0.0004% / 1h | 6m 50s | $25K | $104K | 10x |
| Short | Polymarket Perps LITE-USD | 944.74 | 0.0050 | get 0.0006% / 1h | 6m 50s | $73K | $228K | 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: +0.033% → 0.000%
- $3.28
- Slippage, 4 orders
- −$10.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$11.33
- Costs to cover
- 0.184%
- Break-even
- 28.0 days
Slippage from Lighter: live order book, 27 min ago; Polymarket Perps: live order book, 45 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, 27 min ago | 0.84 bp | 2.7 bp −$3 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 45 min ago | 2.30 bp | 6.4 bp −$6 | 6.9 bp −$69 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0356% | 8h | 945.46 | +0.109% | $2.6M | $3.0M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0224% | 1h | 946.46 | +0.215% | $99K | $202K | 10x | as long as short |
| BloFin LITE-USDT | −0.0030% | 8h | 945.01 | +0.061% | $220K | $234K | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 944.43 | 0.000% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 945.78 | +0.142% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 945.00 | +0.060% | $14K | $199K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 945.56 | +0.119% | $12.2M | $47.5M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 945.38 | +0.101% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 946.58 | +0.228% | $3.7M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 946.27 | +0.195% | $7.9M | $6.3M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 945.11 | +0.071% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.49 | +0.006% | $784 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 944.20 | −0.024% | $726 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.52 | +0.010% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 945.03 | +0.064% | $1.5M | $706K | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 944.43 | long leg | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.89 | −0.057% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDshort | +0.0050% | 1h | 944.74 | +0.033% | $73K | $228K | 10x | |
| SoDEX LITE-USD | +0.0050% | 1h | 944.20 | −0.024% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 944.53 | +0.011% | $33K | $315K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0055% | 1h | 944.61 | +0.019% | $7.2M | $5.6M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0078% | 1h | 944.12 | −0.033% | $18K | $39K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 944.34 | −0.010% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.29 | −0.015% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 944.20 | −0.024% | $918 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 944.00 | −0.046% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0932% | 4h | 945.22 | +0.084% | $61K | $457K | 10x | as long as short |
Lighter LITE
Polymarket Perps LITE-USD
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
SoDEX LITE-USD
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
edgeX LITEUSDC