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: Lighter against Polymarket Perps+0.086%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as 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 | Polymarket Perps STRC-USD | 98.827 | 0.0050 | pay 0.0006% / 1h | 30m 50s | $70K | $183K | 10x |
| Short | Lighter STRC | 98.912 | 0 | get 0.0000% / 1h | 30m 50s | $841K | $166K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket Perps. 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%
- −$1.06
- Slippage, 4 orders
- −$16.17
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$35.74
- Costs to cover
- 0.242%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 16 min ago; Lighter: live order book, 14 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 Polymarket Perps live order book, 16 min ago | 2.93 bp | 7.2 bp −$7 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 14 min ago | 3.64 bp | 6.0 bp −$6 | 9.2 bp −$92 | 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 | −0.021% | $445K | $169K | 20x | as long as short |
| Lighter STRCshort | 0.0000% | 1h | 98.912 | +0.086% | $841K | $166K | 10x | |
| Binance STRCUSDT | 0.0000% | 8h | 98.928 | +0.102% | $6.0M | $3.1M | 25x | as long as short |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.840 | +0.013% | $740K | $82K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.840 | +0.013% | $973K | $79K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.830 | +0.003% | $4.4M | $76K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.926 | +0.101% | $1.4M | $184K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.907 | +0.081% | $70K | $115K | 10x | as long as short |
| QFEX STRC-USD | +0.0016% | 1h | 98.930 | +0.104% | $1.3M | $1.6M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.124% | $3K | $34K | 12x | as long as short |
Show 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 | +0.055% | $10.7M | $2.0M | 10x | as long as short |
| Polymarket Perps STRC-USDlong | +0.0050% | 1h | 98.827 | long leg | $70K | $183K | 10x | |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.780 | −0.048% | $303K | $1.0M | 20x | as long as short |
| HTX STRC-USDT | +0.0100% | 8h | 98.786 | −0.041% | $52K | $354K | 10x | as long as short |
Polymarket Perps STRC-USD
Lighter STRC
Aster STRCUSDT
Binance STRCUSDT
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
tradeXYZ xyz:STRC
KuCoin STRCUSDTM
HTX STRC-USDT