Funding you earn now, next payment 06:00 UTC+0.0823%/8h= +90.1% APRnext payment +$1.03 per $10,000 · paid last 24h +0.177%
Price spread now: Lighter against Injective−1.241%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. Lighter is 1.241% cheaper against Injective than usual: you would sell low and buy high (spread −1.241% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$124 on $10k: about 5.0 days of funding at the current rate (+$25 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XMR/USDC PERP | 582.55 | 0.0033 | pay 0.0004% / 1h | 18m 34s | $3K | $3K | 12x |
| Short | Lighter XMR | 575.32 | 0.0856 | get 0.0107% / 1h | 18m 34s | $3.1M | $7.6M | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $172.76
- Price spread: −1.241% → 0.000%
- −$124.14
- 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
- $48.6
- Costs to cover
- 0.000%
- Break-even
- 5.0 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 5 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, 5 min ago | 1.55 bp | 7.6 bp −$8 | 20.9 bp −$209 | 135.1 bp −$13.5K | 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.
XMR on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0003% | 1h | 574.39 | −1.401% | $38K | — | 150x | as long as short |
| Injective XMR/USDC PERPlong | +0.0033% | 1h | 582.55 | long leg | $3K | $3K | 12x | |
| edgeX XMRUSDC | +0.0100% | 4h | 575.74 | −1.170% | $1.0M | $642K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 575.00 | −1.296% | $2K | $1.8M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 574.95 | −1.305% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 576.18 | −1.093% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0325% | 8h | 575.06 | −1.286% | $45.2M | $26.2M | 50x | as long as short |
| dYdX XMR-USD | +0.0345% | 1h | 574.53 | −1.377% | $104K | $44K | 5x | as long as short |
| Bitget XMRUSDT | +0.0580% | 8h | 575.81 | −1.157% | $9.5M | $13.3M | 50x | as long as short |
| MEXC XMR_USDT | +0.0625% | 8h | 575.97 | −1.130% | $20.0M | $14.6M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0626% | 8h | 576.03 | −1.119% | $52.7M | $160.6M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0659% | 1h | 575.61 | −1.191% | $27K | $2.2M | 5x | as long as short |
| Gate XMR_USDT | +0.0663% | 8h | 575.45 | −1.219% | $1.6M | $4.3M | 50x | as long as short |
| BingX XMR-USDT | +0.0673% | 8h | 575.83 | −1.154% | — | $5.6M | — | as long as short |
| Extended XMR-USD | +0.0696% | 1h | 575.47 | −1.216% | $3.1M | $8.2M | 25x | as long as short |
| Bybit XMRUSDT | +0.0706% | 8h | 576.17 | −1.095% | $46.6M | $64.0M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0745% | 1h | 574.66 | −1.354% | $5.4M | $19.0M | 50x | as long as short |
| Aster XMRUSDT | +0.0783% | 8h | 575.87 | −1.146% | $648K | $2.2M | 75x | as long as short |
| Lighter XMRshort | +0.0856% | 1h | 575.32 | −1.241% | $3.1M | $7.6M | 10x | |
| Paradex XMR-USD-PERP | +0.0893% | 8h | 575.34 | −1.237% | $8K | $4K | 20x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 575.42 | −1.223% | $266K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1016% | 8h | 575.49 | −1.212% | $346K | $727K | 10x | as long as short |
| BloFin XMR-USDT | +0.1030% | 8h | 575.88 | −1.145% | $2.7M | $11.2M | 75x | as long as short |
| Hyperliquid XMR | +0.1058% | 1h | 575.46 | −1.217% | $86.8M | $70.8M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1085% / S −0.1451% | 1h | 574.44 | −1.391% | $595K | — | 100x | as long as short |
| Variational Omni XMR | +0.1174% | 8h | 575.62 | −1.189% | $6.4M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1192% | 8h | 575.56 | −1.200% | $40K | $677K | 10x | as long as short |
| Nado XMR-PERP | +0.1243% | 1h | 575.49 | −1.212% | $1.3M | $450K | 10x | as long as short |
| SoDEX XMR-USD | +0.1295% | 1h | 575.66 | −1.183% | $438K | $3K | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.1421% | 1h | 575.35 | −1.236% | $169K | $532K | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2026% | 1h | 574.60 | −1.365% | $2K | $42K | 10x | as long as short |
Injective XMR/USDC PERP
Lighter XMR
gTrade (Gains Network) XMR/USD
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Polymarket Perps XMR-USD
Gate XMR_USDT
BingX XMR-USDT
Extended XMR-USD
Bybit XMRUSDT
Kraken Futures PF_XMRUSD
Aster XMRUSDT
Paradex XMR-USD-PERP
Pacifica XMR
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Hyperliquid XMR
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
SoDEX XMR-USD
Backpack XMR_USDC_PERP
Aftermath Perps XMRUSD