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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
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
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 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NOW/USDC PERP139.800.0033pay 0.0004% / 1h29m 00s$3K$10112x
ShortLighter NOW137.980.0032get 0.0004% / 1h29m 00s$5K$1845x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NOW-USDT-SWAP0.0000%8h137.91−1.352%$491K$227K20xas long as short
QFEX NOW-USD0.0000%1h137.78−1.445%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h137.98−1.302%$248K$353K20xas long as short
Bitget NOWUSDT0.0000%8h137.95−1.323%$788K$240K20xas long as short
SunX NOW-USDT0.0000%8h138.04−1.259%$1K$380K10xas long as short
HTX NOW-USDT0.0000%8h138.14−1.187%$5K$33K20xas long as short
Aster NOWUSDT+0.0014%8h138.38−1.015%$41K$99520xas long as short
Lighter NOWshort+0.0032%1h137.98−1.302%$5K$1845x
Injective NOW/USDC PERPlong+0.0033%1h139.80long leg$3K$10112x
Vest NOW-USD-PERP+0.0046%1h137.81−1.423%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.83−1.409%$317K$635K20xas long as short
Bybit NOWUSDT+0.0218%8h137.98−1.302%$1.6M$3.0M25xas long as short
BloFin NOW-USDT+0.0218%8h138.03−1.266%$46K$17K20xas long as short
Binance NOWUSDT+0.0235%8h138.03−1.266%$1.8M$1.4M20xas long as short
tradeXYZ xyz:NOW+0.0303%1h137.91−1.352%$2.1M$224K10xas long as short
GRVT NOW_USDT_Perp+0.0449%8h138.04−1.259%$295$147K10xas long as short