Funding you earn now, next payment 03:00 UTC+0.0213%/8h= +23.4% APRnext payment +$0.27 per $10,000 · paid last 24h +0.018%
Price spread now: Polymarket Perps against Lighter RH+0.008%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$180.176% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days−0.238%−$24 · spread now +0.008%, 7d avg −0.032%
=Together, before fees−0.132%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Polymarket Perps is 0.041% dearer against Lighter RH than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH INTC | 122.89 | 0.0032 | pay 0.0004% / 1h | 52m 14s | $649K | $2.8M | 10x |
| Short | Polymarket Perps INTC-USD | 122.90 | 0.0245 | get 0.0031% / 1h | 52m 14s | $211K | $481K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Lighter RH. 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
- $44.82
- Price spread: +0.008% → −0.032%
- $4.06
- Slippage, 4 orders
- −$9.59
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $31.29
- Costs to cover
- 0.176%
- Break-even
- 2.1 days
Slippage from Lighter RH: live order book, 1 min ago; Polymarket Perps: live order book, 10 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 RH live order book, 1 min ago | 2.44 bp | 2.7 bp −$3 | 6.2 bp −$62 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 10 min ago | 1.63 bp | 6.4 bp −$6 | 9.1 bp −$91 | 10.2 bp −$1,019 | doesn't fit |
INTC on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado INTC-PERP | −0.0096% | 1h | 122.83 | −0.048% | $172K | $283K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 122.91 | +0.015% | $306K | $524K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 122.88 | −0.008% | $13.3M | $28.2M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 122.92 | +0.024% | $8.5M | $30.1M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 122.94 | +0.041% | $25.4M | $32.1M | 50x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 122.90 | +0.008% | $1.7M | $50K | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0015% | 8h | 122.78 | −0.091% | $920K | $1.4M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0029% | 8h | 122.89 | 0.000% | $18.5M | $67.2M | 25x | as long as short |
| Lighter RH INTClong | +0.0032% | 1h | 122.89 | long leg | $649K | $2.8M | 10x | |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.261% | $213 | $22K | 12x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0040% | 1h | 122.76 | −0.105% | $2K | $52K | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 122.80 | −0.073% | $93K | $308K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.83 | −0.049% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 122.91 | +0.012% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.61 | −0.228% | $1.3M | $2.2M | 10x | as long as short |
| QFEX INTC-USD | +0.0057% | 1h | 122.92 | +0.024% | $1.6M | $12.9M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0076% | 1h | 122.86 | −0.024% | $21K | $107K | 10x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 122.87 | −0.016% | $4K | $3K | 10x | as long as short |
| Variational Omni INTC | +0.0108% | 8h | 122.84 | −0.037% | $2.1M | $2.5M | — | as long as short |
| Paradex INTC-USD-PERP | +0.0114% | 8h | 122.89 | +0.003% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 122.89 | −0.002% | $50K | — | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0152% | 1h | 122.71 | −0.146% | $259K | $1.0M | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0153% | 1h | 122.88 | −0.008% | $45K | $259K | 50x | as long as short |
| Binance INTCUSDT | +0.0157% | 8h | 122.90 | +0.008% | $72.4M | $400.5M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0160% | 1h | 122.87 | −0.018% | $341K | $1.8M | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0193% | 8h | 122.88 | −0.008% | $1.1M | $104K | 20x | as long as short |
| Polymarket Perps INTC-USDshort | +0.0245% | 1h | 122.90 | +0.008% | $211K | $481K | 10x | |
| tradeXYZ xyz:INTC | +0.0250% | 1h | 122.88 | −0.008% | $146.6M | $68.6M | 10x | as long as short |
| Phoenix INTC | +0.0261% | 1h | 122.79 | −0.081% | $47K | $265K | 10x | as long as short |
| RISEx INTC/USDC | +0.0264% | 1h | 122.98 | +0.073% | $347K | $383K | 10x | as long as short |
| Lighter INTC | +0.0400% | 1h | 122.93 | +0.030% | $1.5M | $2.0M | 10x | as long as short |
| edgeX INTCUSDC | +0.0901% | 4h | 122.85 | −0.033% | $87K | $291K | 10x | as long as short |
Lighter RH INTC
Polymarket Perps INTC-USD
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Phemex INTCUSDT
GRVT INTC_USDT_Perp
OKX INTC-USDT-SWAP
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
SoDEX INTC-USD
Deribit INTC_USDC-PERPETUAL
Variational Omni INTC
Paradex INTC-USD-PERP
Coinbase International INTC-PERP-INTX
ApeX Omni INTCUSDT
Binance INTCUSDT
Extended INTC_24_5-USD
KuCoin INTCUSDTM
tradeXYZ xyz:INTC
Phoenix INTC
RISEx INTC/USDC
Lighter INTC
edgeX INTCUSDC