Funding you earn now, next payment 05:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against Injective−1.302%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 1.302% cheaper against Injective than usual: you would sell low and buy high, −$130 on $10k if it 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 | Injective NOW/USDC PERP | 139.80 | 0.0033 | pay 0.0004% / 1h | 29m 00s | $3K | $101 | 12x |
| Short | Lighter NOW | 137.98 | 0.0032 | get 0.0004% / 1h | 29m 00s | $5K | $184 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- −$0.28
- Price spread: −1.302% → 0.000%
- −$130.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$130.49
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Lighter: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Injective and Lighter: 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.
NOW on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.91 | −1.352% | $491K | $227K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.78 | −1.445% | $1.1M | $1.5M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.98 | −1.302% | $248K | $353K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.95 | −1.323% | $788K | $240K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 138.04 | −1.259% | $1K | $380K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 138.14 | −1.187% | $5K | $33K | 20x | as long as short |
| Aster NOWUSDT | +0.0014% | 8h | 138.38 | −1.015% | $41K | $995 | 20x | as long as short |
| Lighter NOWshort | +0.0032% | 1h | 137.98 | −1.302% | $5K | $184 | 5x | |
| Injective NOW/USDC PERPlong | +0.0033% | 1h | 139.80 | long leg | $3K | $101 | 12x | |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.81 | −1.423% | — | — | 25x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.83 | −1.409% | $317K | $635K | 20x | as long as short |
| Bybit NOWUSDT | +0.0218% | 8h | 137.98 | −1.302% | $1.6M | $3.0M | 25x | as long as short |
| BloFin NOW-USDT | +0.0218% | 8h | 138.03 | −1.266% | $46K | $17K | 20x | as long as short |
| Binance NOWUSDT | +0.0235% | 8h | 138.03 | −1.266% | $1.8M | $1.4M | 20x | as long as short |
| tradeXYZ xyz:NOW | +0.0303% | 1h | 137.91 | −1.352% | $2.1M | $224K | 10x | as long as short |
| GRVT NOW_USDT_Perp | +0.0449% | 8h | 138.04 | −1.259% | $295 | $147K | 10x | as long as short |
Injective NOW/USDC PERP
Lighter NOW
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Aster NOWUSDT
KuCoin NOWUSDTM
Bybit NOWUSDT
BloFin NOW-USDT
Binance NOWUSDT
tradeXYZ xyz:NOW
GRVT NOW_USDT_Perp