NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%

Price spread now: Lighter against Injective+3.547%66s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 3.547% dearer against Injective than usual: you sell high and buy low: +$355 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective NOT/USDC PERP	0.0004874	0.0033	pay 0.0004% / 1h	12m 18s	$1K	$13K	5.5x
Short	Lighter 1000NOT	0.0005047	0.0096	get 0.0012% / 1h	12m 18s	$11K	$4K	3x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersPrice spread, now +3.547%Rate

Funding earned: $13.16
Price spread: +3.547% → 0.000%: $354.74
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: $367.88
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Lighter: no order-book sample. 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 no order-book sample	—	—	—	—	—

Injective and Lighter: 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.

NOT on 16 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
Variational Omni NOT	−0.0282%	4h	0.0005033	+3.265%	$72K	$38K	—	as long as short
KuCoin NOTUSDTM	−0.0228%	4h	0.0005034	+3.283%	$470K	$128K	50x	as long as short
Injective NOT/USDC PERPlong	+0.0033%	1h	0.0004874	long leg	$1K	$13K	5.5x
Lighter 1000NOTshort	+0.0096%	1h	0.0005047	+3.547%	$11K	$4K	3x
Hyperliquid NOT	+0.0100%	1h	0.0005040	+3.406%	$355K	$56K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005043	+3.461%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005043	+3.467%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005033	+3.262%	$2.1M	$848K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005037	+3.344%	$638K	$673K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005039	+3.385%	$139K	$70K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005040	+3.406%	$1.3M	$445K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005046	+3.529%	$670K	$422K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005040	+3.406%	—	$8.7M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005042	+3.439%	$4K	—	5x	as long as short
BloFin NOT-USDT	+0.0139%	4h	0.0005046	+3.529%	$111K	$18K	50x	as long as short
Kraken Futures PF_NOTUSD	+0.1135%	1h	0.0005038	+3.359%	$49K	$7K	10x	as long as short