COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0472%/8h= +51.7% APRnext payment +$0.59 per $10,000 · paid last 24h +0.142%

Price spread now: Lighter RH against Injective−0.061%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.835%+$83 on $10k

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

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

Funding pays, the price is against you. Lighter RH is 0.061% cheaper against Injective than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective COIN/USDC PERP	195.61	−0.0440	get 0.0055% / 1h	17m 20s	$43K	$48K	30x
Short	Lighter RH COIN	195.49	0.0032	get 0.0004% / 1h	17m 20s	$464K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.061%Rate

Funding earned: $99.12
Price spread: −0.061% → 0.000%: −$6.13
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $92.97
Costs to cover: 0.000%
Break-even: 0.4 days

Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, just now. 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 RH live order book, just now	1.53 bp	3.8 bp −$4	6.5 bp −$65	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.

COIN on 26 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
Injective COIN/USDC PERPlong	−0.0440%	1h	195.61	long leg	$43K	$48K	30x
Bitget COINUSDT	−0.0341%	8h	195.68	+0.036%	$6.3M	$10.5M	20x	as long as short
Vest COIN-USD-PERP	−0.0042%	1h	195.03	−0.297%	—	$326K	25x	as long as short
Aster COINUSDT	0.0000%	8h	195.40	−0.106%	$341K	$890K	20x	as long as short
Bybit COINUSDT	0.0000%	8h	195.46	−0.077%	$4.7M	$6.2M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	195.42	−0.097%	$3.0M	$4.7M	20x	as long as short
Gate COIN_USDT	0.0000%	8h	195.57	−0.020%	$1.2M	$7.4M	50x	as long as short
Variational Omni COIN	0.0000%	8h	195.54	−0.038%	$711K	$972K	—	as long as short
GRVT COIN_USDT_Perp	0.0000%	8h	195.76	+0.077%	$15K	$2.8M	10x	as long as short
Extended COIN_24_5-USD	+0.0008%	1h	195.48	−0.067%	$104K	$860K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance COINUSDT	+0.0012%	8h	195.56	−0.027%	$15.0M	$82.1M	20x	as long as short
Lighter RH COINshort	+0.0032%	1h	195.49	−0.061%	$464K	$1.5M	10x
Arcus COIN-USD	+0.0040%	1h	195.79	+0.092%	$17K	$58K	5x	as long as short
BloFin COIN-USDT	+0.0046%	8h	195.56	−0.026%	$187K	$434K	20x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	195.41	−0.102%	$15.1M	$13.0M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	195.45	−0.082%	$135K	$1.4M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	195.51	−0.051%	$83	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	195.32	−0.148%	$445K	$2.8M	10x	as long as short
QFEX COIN-USD	+0.0065%	1h	195.52	−0.046%	$1.3M	$2.9M	10x	as long as short
Lighter COIN	+0.0088%	1h	195.50	−0.054%	$364K	$2.3M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	195.42	−0.097%	$985K	$141K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	195.52	−0.046%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	195.53	−0.041%	$565	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	195.53	−0.043%	$115	—	10x	as long as short
Phoenix COIN	+0.0163%	1h	195.44	−0.087%	$4K	$283K	10x	as long as short
edgeX COINUSDC	+0.0329%	4h	195.70	+0.045%	$50K	$295K	10x	as long as short