Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Injective against Lighter−0.211%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. Injective is 0.211% cheaper against Lighter than usual: you would sell low and buy high (spread −0.211% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 3 months of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AUDUSD | 0.7125 | 0.0024 | pay 0.0003% / 1h | 52m 31s | $529K | $20K | 25x |
| Short | Injective AUDUSD/USDC PERP | 0.7110 | 0.0033 | get 0.0004% / 1h | 52m 31s | $592 | $2 | 101x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $1.96
- Price spread: −0.211% → 0.000%
- −$21.05
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$19.11
- Costs to cover
- 0.000%
- Break-even
- 75.3 days
Slippage unknown: Lighter: live order book, 43 min ago; Injective: 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 Lighter live order book, 43 min ago | 10.38 bp | 10.4 bp −$10 | 12.5 bp −$125 | 73.3 bp −$7,334 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
AUD on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter AUDUSDlong | +0.0024% | 1h | 0.7125 | long leg | $529K | $20K | 25x | |
| Injective AUDUSD/USDC PERPshort | +0.0033% | 1h | 0.7110 | −0.211% | $592 | $2 | 101x | |
| Vest AUD-USD-PERP | +0.0035% | 1h | 0.7097 | −0.394% | — | $21K | 100x | as long as short |
| MEXC AUD_USDT | +0.0048% | 4h | 0.7113 | −0.174% | $9.7M | $229K | 100x | as long as short |
| Hibachi AUD/USDT-P | +0.0272% | 1h | 0.7117 | −0.121% | $9K | $2.5M | 20x | as long as short |
Lighter AUDUSD
Injective AUDUSD/USDC PERP
MEXC AUD_USDT