Funding you earn now, next payment 07:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.011%
Price spread now: Polymarket Perps against Lighter+0.059%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 7 days−0.235%−$23 on $10k
+Price spread, last 4 days (all we have)+0.344%+$34 · spread now +0.059%, 7d avg −0.007%
=Together, before fees+0.109%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.066% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.235%, 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 | 947.02 | 0.0032 | pay 0.0004% / 1h | 15m 08s | $25K | $104K | 10x |
| Short | Polymarket Perps LITE-USD | 947.58 | 0.0050 | get 0.0006% / 1h | 15m 08s | $73K | $229K | 10x |
Lighter LITE
Polymarket Perps LITE-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
- $3.78
- Price spread: +0.059% → −0.007%
- $6.58
- Slippage, 4 orders
- −$12.26
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$9.9
- Costs to cover
- 0.203%
- Break-even
- 25.3 days
Slippage from Lighter: live order book, 9 min ago; Polymarket Perps: live order book, 27 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, 9 min ago | 3.17 bp | 3.2 bp −$3 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 27 min ago | 2.28 bp | 6.6 bp −$7 | 7.3 bp −$73 | 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 | −0.0476% | 8h | 947.22 | +0.021% | $2.6M | $3.1M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0120% | 1h | 946.75 | −0.029% | $18K | $40K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | −0.039% | $92K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 947.53 | +0.054% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 946.86 | −0.017% | $14K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.14 | +0.013% | $12.1M | $49.3M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 947.48 | +0.049% | $1.7M | $1.9M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.30 | +0.030% | $3.5M | $18.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 947.90 | +0.093% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.72 | +0.074% | $260K | $154K | — | as long as short |
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 949.07 | +0.217% | $788 | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.90 | +0.093% | $669 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.31 | +0.031% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.86 | +0.089% | $1.5M | $730K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 946.97 | −0.005% | $1.1M | $3.6M | 10x | as long as short |
| BloFin LITE-USDT | +0.0013% | 8h | 947.18 | +0.017% | $214K | $240K | 20x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 947.02 | long leg | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 946.88 | −0.015% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDshort | +0.0050% | 1h | 947.58 | +0.059% | $73K | $229K | 10x | |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.83 | +0.297% | $32K | $349K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 946.87 | −0.016% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.99 | +0.208% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.14 | +0.013% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.15 | +0.014% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0111% | 1h | 947.81 | +0.083% | $7.7M | $5.9M | 10x | as long as short |
| SoDEX LITE-USD | +0.0241% | 1h | 947.37 | +0.037% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0763% | 4h | 949.05 | +0.215% | $63K | $474K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Vest LITE-USD-PERP
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC