Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Injective against Lighter−0.158%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.036%+$4 on $10k
+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 0.158% cheaper against Lighter than usual: you would sell low and buy high (spread −0.158% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 23 days of funding at the current rate (+$1 a day). 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 | Lighter EURUSD | 1.1485 | 0.0016 | pay 0.0002% / 1h | 17m 59s | $2.1M | $435K | 50x |
| Short | Injective EURUSD/USDC PERP | 1.1466 | 0.0039 | get 0.0005% / 1h | 17m 59s | $9K | $78K | 101x |
Lighter EURUSD
Injective EURUSD/USDC PERPFunding 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
- $4.76
- Price spread: −0.158% → 0.000%
- −$15.85
- 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
- −$11.11
- Costs to cover
- 0.000%
- Break-even
- 23.3 days
Slippage unknown: Lighter: live order book, 4 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, 4 min ago | 1.39 bp | 3.2 bp −$3 | 11.4 bp −$114 | 66.5 bp −$6,649 | 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.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0136% | 4h | 1.1478 | −0.057% | $6.8M | $135K | 100x | as long as short |
| Hibachi EUR/USDT-P | −0.0080% | 1h | 1.1472 | −0.111% | $169K | $8.2M | 30x | as long as short |
| Kraken Futures PF_EURUSD | −0.0062% | 1h | 1.1472 | −0.111% | $3K | — | 50x | as long as short |
| Nado EURUSD-PERP | −0.0008% | 1h | 1.1478 | −0.059% | $467K | $153K | 40x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1482 | −0.026% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1478 | −0.057% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1478 | −0.057% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1475 | −0.084% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1480 | −0.040% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1481 | −0.031% | $13K | $263K | 20x | as long as short |
MEXC EUR_USDT
Hibachi EUR/USDT-P
Kraken Futures PF_EURUSD
Nado EURUSD-PERP
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter EURUSDlong | +0.0016% | 1h | 1.1485 | long leg | $2.1M | $435K | 50x | |
| Extended EUR-USD | +0.0032% | 1h | 1.1475 | −0.083% | $6.7M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERPshort | +0.0039% | 1h | 1.1466 | −0.158% | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1506 | +0.190% | — | $264K | 100x | as long as short |
| Hotstuff EURUSD-PERP | +0.0056% | 1h | 1.1480 | −0.040% | $33K | — | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1478 | −0.057% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1481 | −0.029% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0121% | 1h | 1.1480 | −0.040% | $23.3M | $1.8M | 50x | as long as short |
Extended EUR-USD
Vest EUR-USD-PERP
Hotstuff EURUSD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR