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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Injective against Lighter+1.415%66s7-day average · you sell dearer than you buy
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: Injective is 1.415% dearer against Lighter than usual: you sell high and buy low, +$141 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NOW137.850.0032pay 0.0004% / 1h22m 21s$5K$1785x
ShortInjective NOW/USDC PERP139.800.0033get 0.0004% / 1h22m 21s$3K$10112x

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

Funding earned
$0.28
Price spread: +1.415% → 0.000%
$141.46
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
$141.72
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Injective no order-book sample
Lighter and 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.

NOW on 15 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
Aster NOWUSDT0.0000%8h138.48+0.460%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.94+0.065%$488K$227K20xas long as short
QFEX NOW-USD0.0000%1h137.72−0.094%$1.1M$1.9M10xas long as short
Gate NOW_USDT0.0000%8h137.94+0.065%$245K$371K20xas long as short
Bitget NOWUSDT0.0000%8h137.95+0.073%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.94+0.065%$1K$401K10xas long as short
HTX NOW-USDT0.0000%8h138.05+0.145%$5K$29K20xas long as short
Lighter NOWlong+0.0032%1h137.85long leg$5K$1785x
Injective NOW/USDC PERPshort+0.0033%1h139.80+1.415%$3K$10112x
Vest NOW-USD-PERP+0.0046%1h137.73−0.087%25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.77−0.058%$317K$655K20xas long as short
Binance NOWUSDT+0.0131%8h137.92+0.051%$1.8M$1.5M20xas long as short
Bybit NOWUSDT+0.0147%8h137.89+0.029%$1.5M$5.3M25xas long as short
tradeXYZ xyz:NOW+0.0316%1h137.77−0.058%$2.1M$229K10xas long as short
GRVT NOW_USDT_Perp+0.0532%8h137.93+0.058%$559$154K10xas long as short