Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter against Polymarket Perps+0.004%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 7 days+0.242%+$24 on $10k
+Price spread, last 4 days (all we have)−0.407%−$41 · spread now +0.004%, 7d avg +0.010%
=Together, before fees−0.165%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.242%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LITE-USD | 965.16 | 0.0050 | pay 0.0006% / 1h | 24m 54s | $75K | $227K | 10x |
| Short | Lighter LITE | 965.20 | 0.0032 | get 0.0004% / 1h | 24m 54s | $27K | $101K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket Perps. 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: +0.004% → +0.010%
- −$0.56
- Slippage, 4 orders
- −$12.36
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.7
- Costs to cover
- 0.204%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 48 min ago; Lighter: live order book, 29 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 Polymarket Perps live order book, 48 min ago | 2.08 bp | 9.1 bp −$9 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 29 min ago | 0.98 bp | 2.0 bp −$2 | 5.2 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0096% | 1h | 960.78 | −0.454% | $111K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.68 | +0.054% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.42 | +0.027% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.18 | +0.002% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 965.56 | +0.041% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.94 | −0.023% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 966.77 | +0.166% | $706 | $207K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.20 | +0.004% | $791 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 965.32 | +0.017% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 965.61 | +0.047% | $7K | $32K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 965.78 | +0.064% | $1.5M | $682K | 10x | as long as short |
| BloFin LITE-USDT | +0.0012% | 8h | 965.64 | +0.050% | $224K | $237K | 20x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.08 | −0.008% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITEshort | +0.0032% | 1h | 965.20 | +0.004% | $27K | $101K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.26 | +0.010% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDlong | +0.0050% | 1h | 965.16 | long leg | $75K | $227K | 10x | |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.57 | +0.042% | $176K | $155K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.19 | +0.003% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 966.96 | +0.186% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.36 | +0.021% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.32 | +0.017% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0254% | 1h | 965.18 | +0.002% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0286% | 8h | 965.82 | +0.068% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0316% | 1h | 964.96 | −0.021% | $7.3M | $5.0M | 10x | as long as short |
| Extended LITE-USD | +0.0392% | 1h | 965.23 | +0.008% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0395% | 8h | 965.27 | +0.012% | $13.9M | $44.2M | 25x | as long as short |
| edgeX LITEUSDC | +0.0534% | 4h | 966.57 | +0.146% | $73K | $462K | 10x | as long as short |
Polymarket Perps LITE-USD
Lighter LITE
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
Binance LITEUSDT
edgeX LITEUSDC