Funding you earn now, next payment 00:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.045%
Price spread now: Lighter against Injective−0.627%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.078%−$108 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.627% cheaper against Injective than usual: you would sell low and buy high (spread −0.627% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$63 on $10k: about 33 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.078%, 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 | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | pay 0.0004% / 1h | 29m 17s | $321 | $51K | 5.5x |
| Short | Lighter ETHFI | 0.7195 | 0.0096 | get 0.0012% / 1h | 29m 17s | $1.1M | $897K | 5x |
Injective ETHFI/USDC PERP
Lighter ETHFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: −0.627% → 0.000%
- −$62.71
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$49.57
- Costs to cover
- 0.000%
- Break-even
- 33.4 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 7.64 bp | 35.3 bp −$35 | 96.7 bp −$967 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0332% | 4h | 0.7181 | −0.815% | $83K | $164K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0306% | 1h | 0.7193 | −0.649% | $42K | $18K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0190% | 4h | 0.7188 | −0.718% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0018% | 8h | 0.7181 | −0.809% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERPlong | +0.0033% | 1h | 0.7240 | long leg | $321 | $51K | 5.5x | |
| Binance ETHFIUSDT | +0.0038% | 4h | 0.7187 | −0.732% | $25.0M | $37.2M | 75x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7187 | −0.737% | $93K | $493K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0040% | 4h | 0.7187 | −0.732% | $15.2M | $3.8M | 125x | as long as short |
| Aster ETHFIUSDT | +0.0065% | 4h | 0.7193 | −0.655% | $184K | $262K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7187 | −0.738% | $9K | — | 3x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Aster ETHFIUSDT
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFIshort | +0.0096% | 1h | 0.7195 | −0.627% | $1.1M | $897K | 5x | |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7198 | −0.580% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7190 | −0.691% | $18.2M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7196 | −0.608% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7187 | −0.732% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7187 | −0.732% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7187 | −0.732% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7185 | −0.760% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7193 | −0.654% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7188 | −0.718% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7188 | −0.718% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0166% | 4h | 0.7193 | −0.649% | $1.3M | $290K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | −0.041% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0550% | 1h | 0.7200 | −0.551% | $277K | $161K | 20x | as long as short |
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD