Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.068%
Price spread now: Polymarket Perps against Lighter−0.023%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.192% of the position
Funding, last 7 days−0.298%−$30 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.023%, 7d avg −0.054%
=Together, before fees−0.277%+ Points / potential airdropLighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.031% dearer against Lighter than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.054%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 7 days (−0.298% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter INTC | 120.80 | 0.0072 | pay 0.0009% / 1h | 56m 28s | $1.4M | $1.8M | 10x |
| Short | Polymarket Perps INTC-USD | 120.77 | 0.0050 | get 0.0006% / 1h | 56m 28s | $216K | $537K | 10x |
Lighter INTC
Polymarket Perps INTC-USDFunding 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
- −$4.62
- Price spread: −0.023% → −0.054%
- $3.07
- Slippage, 4 orders
- −$11.18
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$20.73
- Costs to cover
- 0.192%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Polymarket Perps: live order book, 46 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, 5 min ago | 1.73 bp | 1.8 bp −$2 | 4.0 bp −$40 | 27.5 bp −$2,754 | doesn't fit |
| Sell Polymarket Perps live order book, 46 min ago | 0.42 bp | 5.8 bp −$6 | 7.9 bp −$79 | 9.6 bp −$963 | doesn't fit |
INTC on 33 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 INTCUSDT | −0.0639% | 8h | 120.95 | +0.126% | $25.2M | $32.4M | 50x | as long as short |
| Nado INTC-PERP | −0.0022% | 1h | 120.73 | −0.053% | $157K | $294K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.80 | +0.004% | $425K | $669K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.79 | −0.007% | $12.9M | $28.7M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.80 | +0.002% | $8.2M | $30.2M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 121.11 | +0.258% | $907K | $1.5M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.74 | −0.048% | $20K | $109K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 120.85 | +0.043% | $1.7M | $49K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0014% | 8h | 120.85 | +0.043% | $18.0M | $67.7M | 25x | as long as short |
| Variational Omni INTC | +0.0014% | 8h | 121.07 | +0.224% | $2.0M | $2.5M | — | as long as short |
Bitget INTCUSDT
Nado INTC-PERP
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
OKX INTC-USDT-SWAP
Variational Omni INTCShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0029% | 1h | 120.88 | +0.071% | $2K | $55K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 120.79 | −0.007% | $669K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.449% | $213 | $22K | 12x | as long as short |
| QFEX INTC-USD | +0.0039% | 1h | 120.79 | −0.007% | $1.3M | $10.1M | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 120.87 | +0.060% | $91K | $307K | 10x | as long as short |
| Binance INTCUSDT | +0.0045% | 8h | 120.80 | −0.002% | $69.2M | $398.7M | 25x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.77 | −0.023% | — | $1.5M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0048% | 1h | 120.75 | −0.040% | $334K | $1.1M | 10x | as long as short |
| Polymarket Perps INTC-USDshort | +0.0050% | 1h | 120.77 | −0.023% | $216K | $537K | 10x | |
| SoDEX INTC-USD | +0.0050% | 1h | 120.83 | +0.026% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.75 | −0.040% | $1.2M | $2.5M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0056% | 1h | 120.15 | −0.536% | $240K | $830K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0072% | 8h | 120.76 | −0.033% | — | — | 5x | as long as short |
| Lighter INTClong | +0.0072% | 1h | 120.80 | long leg | $1.4M | $1.8M | 10x | |
| tradeXYZ xyz:INTC | +0.0073% | 1h | 120.76 | −0.031% | $143.8M | $62.0M | 10x | as long as short |
| Aevo INTC-PERP | +0.0096% | 1h | 120.82 | +0.017% | $49K | — | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.05 | +0.209% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.80 | +0.002% | $4K | $3K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0102% | 8h | 120.82 | +0.018% | $1.1M | $106K | 20x | as long as short |
| BloFin INTC-USDT | +0.0166% | 8h | 120.82 | +0.018% | $895K | $312K | 25x | as long as short |
| Phoenix INTC | +0.0199% | 1h | 120.94 | +0.118% | $47K | $236K | 10x | as long as short |
| RISEx INTC/USDC | +0.0230% | 1h | 120.81 | +0.014% | $317K | $323K | 10x | as long as short |
| edgeX INTCUSDC | +0.0799% | 4h | 121.02 | +0.185% | $86K | $294K | 10x | as long as short |
Aftermath Perps INTCUSD
Lighter RH INTC
Injective INTC/USDC PERP
QFEX INTC-USD
Arcus INTC-USD
Binance INTCUSDT
Vest INTC-USD-PERP
Extended INTC_24_5-USD
SoDEX INTC-USD
Ondo Perps INTC-USD.P
Coinbase International INTC-PERP-INTX
Paradex INTC-USD-PERP
tradeXYZ xyz:INTC
Aevo INTC-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
KuCoin INTCUSDTM
BloFin INTC-USDT
Phoenix INTC
RISEx INTC/USDC
edgeX INTCUSDC