GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.066%

Price spread now: Injective against Lighter+1.018%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 1.018% dearer against Lighter than usual: you sell high and buy low: +$102 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter GBPUSD	1.3382	0	get 0.0000% / 1h	48m 45s	$181K	$999K	50x
Short	Injective GBPUSD/USDC PERP	1.3519	0.0220	get 0.0028% / 1h	48m 45s	$11K	$73K	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 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 LighterbpFee InjectivebpOrdersPrice spread, now +1.018%Rate

Funding earned: $46.2
Price spread: +1.018% → 0.000%: $101.85
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: $148.03
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: live order book, 2 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, 2 min ago	1.01 bp	3.3 bp −$3	11.3 bp −$113	52.4 bp −$5,243	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.

GBP on 13 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
Nado GBPUSD-PERP	−0.0060%	1h	1.3386	+0.025%	$16K	$7K	40x	as long as short
tradeXYZ xyz:GBP	0.0000%	1h	1.3385	+0.019%	$233K	$342K	50x	as long as short
Lighter GBPUSDlong	0.0000%	1h	1.3382	long leg	$181K	$999K	50x
Bybit GBPUSDUSDT	0.0000%	8h	1.3379	−0.023%	$245K	$69K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3387	+0.034%	$222K	$9K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3385	+0.019%	$12K	$14K	100x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3382	−0.004%	—	$2.4M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3376	−0.046%	$991	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3389	+0.049%	$5K	$334K	20x	as long as short
Vest GBP-USD-PERP	+0.0038%	1h	1.3374	−0.061%	—	$38K	100x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GBP_USDT	+0.0120%	4h	1.3384	+0.011%	$26.0M	$258K	100x	as long as short
Injective GBPUSD/USDC PERPshort	+0.0220%	1h	1.3519	+1.018%	$11K	$73K	101x
Hibachi GBP/USDT-P	+0.0352%	1h	1.3386	+0.029%	$19K	$34K	20x	as long as short