Funding you earn now, next payment 21:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Polymarket Perps against Lighter−0.086%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 3 days (all we have)−0.013%−$1 · spread now −0.086%, 7d avg −0.097%
=Together, before fees−0.036%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STRC | 98.912 | 0 | get 0.0000% / 1h | 30m 56s | $841K | $166K | 10x |
| Short | Polymarket Perps STRC-USD | 98.827 | 0.0050 | get 0.0006% / 1h | 30m 56s | $70K | $183K | 10x |
Lighter STRC
Polymarket Perps STRC-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
- $10.5
- Price spread: −0.086% → −0.097%
- $1.07
- Slippage, 4 orders
- −$16.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$12.6
- Costs to cover
- 0.242%
- Break-even
- 15.4 days
Slippage from Lighter: live order book, 14 min ago; Polymarket Perps: live order book, 16 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, 14 min ago | 3.64 bp | 3.6 bp −$4 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 16 min ago | 2.93 bp | 7.3 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
STRC on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STRCUSDT | −0.0302% | 8h | 98.806 | −0.107% | $445K | $169K | 20x | as long as short |
| Lighter STRClong | 0.0000% | 1h | 98.912 | long leg | $841K | $166K | 10x | |
| Binance STRCUSDT | 0.0000% | 8h | 98.930 | +0.018% | $6.0M | $3.1M | 25x | as long as short |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.840 | −0.073% | $740K | $82K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.840 | −0.073% | $973K | $79K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.830 | −0.083% | $4.4M | $76K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.926 | +0.015% | $1.4M | $184K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.907 | −0.005% | $70K | $115K | 10x | as long as short |
| QFEX STRC-USD | +0.0016% | 1h | 98.930 | +0.018% | $1.3M | $1.6M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.038% | $3K | $34K | 12x | as long as short |
Aster STRCUSDT
Binance STRCUSDT
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
QFEX STRC-USD
Injective STRC/USDC PERPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:STRC | +0.0050% | 1h | 98.881 | −0.031% | $10.7M | $2.0M | 10x | as long as short |
| Polymarket Perps STRC-USDshort | +0.0050% | 1h | 98.827 | −0.086% | $70K | $183K | 10x | |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.780 | −0.133% | $303K | $1.0M | 20x | as long as short |
| HTX STRC-USDT | +0.0100% | 8h | 98.786 | −0.127% | $52K | $354K | 10x | as long as short |
tradeXYZ xyz:STRC
KuCoin STRCUSDTM
HTX STRC-USDT