Settings8H · net · $10k
Funding arb · Price arb /

AUD

RWAall AUD markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AUDUSD0.71250.0024pay 0.0003% / 1h52m 31s$529K$20K25x
ShortInjective AUDUSD/USDC PERP0.71100.0033get 0.0004% / 1h52m 31s$592$2101x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 43 min ago10.38 bp10.4 bp −$1012.5 bp −$12573.3 bp −$7,334doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AUDUSDlong+0.0024%1h0.7125long leg$529K$20K25x
Injective AUDUSD/USDC PERPshort+0.0033%1h0.7110−0.211%$592$2101x
Vest AUD-USD-PERP+0.0035%1h0.7097−0.394%$21K100xas long as short
MEXC AUD_USDT+0.0048%4h0.7113−0.174%$9.7M$229K100xas long as short
Hibachi AUD/USDT-P+0.0272%1h0.7117−0.121%$9K$2.5M20xas long as short