Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.009%
Price spread now: Lighter against MEXC+0.051%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.051%, 7d avg +0.054%
=Together, before fees+0.265%+ Points / potential airdropLighter: Season 3 · farm board+$26 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 | 0.1122 | 0.0100 | pay 0.0050% / 4h | 18m 33s | $24.3M | $3.9M | 125x |
| Short | Lighter POL | 0.1122 | 0.0096 | get 0.0012% / 1h | 18m 33s | $299K | $572K | 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: +0.051% → +0.054%
- −$0.3
- Slippage, 4 orders
- −$22.98
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.11
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 52 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, 5 min ago | 0.89 bp | 3.4 bp −$3 | 9.6 bp −$96 | 59.7 bp −$5,968 | 119.5 bp −$59.7K |
| Sell Lighter live order book, 52 min ago | 5.39 bp | 10.2 bp −$10 | 66.9 bp −$669 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1123 | +0.116% | $206K | $226K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1123 | +0.081% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1123 | +0.088% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1123 | +0.122% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0010% | 4h | 0.1122 | +0.062% | $11K | $188K | 20x | as long as short |
| dYdX POL-USD | +0.0017% | 1h | 0.1123 | +0.116% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.954% | $3K | $124K | 12x | as long as short |
| Lighter POLshort | +0.0096% | 1h | 0.1122 | +0.051% | $299K | $572K | 8x | |
| Aster POLUSDT | +0.0100% | 4h | 0.1123 | +0.083% | $373K | $353K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1122 | +0.010% | $17.3M | $50.0M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1121 | −0.053% | $16.2M | $15.2M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1123 | +0.071% | $5.8M | $11.8M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1122 | +0.009% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDTlong | +0.0100% | 4h | 0.1122 | long leg | $24.3M | $3.9M | 125x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1122 | +0.045% | $2.9M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1122 | +0.053% | $4.2M | $5.3M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1122 | +0.018% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1120 | −0.129% | $662K | $183K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1120 | −0.141% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1120 | −0.152% | $198K | $652K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1122 | +0.007% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1121 | −0.062% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1124 | +0.203% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0240% | 1h | 0.1124 | +0.193% | $7.6M | $3.9M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1122 | +0.018% | $912K | $164K | 75x | as long as short |
MEXC POL_USDT
Lighter POL
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
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
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT