NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%

Price spread now: Lighter against QFEX+0.109%7-day average — · you sell dearer than you buy

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

Long on QFEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.109% dearer against QFEX than usual: you sell high and buy low: +$11 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	QFEX NOW-USD	137.76	0	get 0.0000% / 1h	53m 53s	$1.1M	$2.1M	10x
Short	Lighter NOW	137.91	0.0032	get 0.0004% / 1h	53m 53s	$5K	$173	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against QFEX. 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 QFEXbpFee LighterbpOrdersPrice spread, now +0.109%Rate

Funding earned: $6.72
Price spread: +0.109% → 0.000%: $10.89
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $7.61
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: QFEX: live order book, 8 min ago; 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 QFEX live order book, 8 min ago	2.54 bp	20.7 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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
Aster NOWUSDT	0.0000%	8h	137.96	+0.144%	$41K	$995	20x	as long as short
Binance NOWUSDT	0.0000%	8h	137.96	+0.145%	$1.6M	$1.3M	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	138.09	+0.240%	$498K	$207K	20x	as long as short
QFEX NOW-USDlong	0.0000%	1h	137.76	long leg	$1.1M	$2.1M	10x
Gate NOW_USDT	0.0000%	8h	137.94	+0.131%	$250K	$364K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.87	+0.080%	$765K	$230K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.99	+0.167%	$922	$432K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.69	−0.051%	$5K	$28K	20x	as long as short
BloFin NOW-USDT	+0.0005%	8h	137.98	+0.160%	$45K	$17K	20x	as long as short
Lighter NOWshort	+0.0032%	1h	137.91	+0.109%	$5K	$173	5x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.481%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.77	+0.007%	—	—	25x	as long as short
KuCoin NOWUSDTM	+0.0100%	8h	137.71	−0.036%	$317K	$674K	20x	as long as short
tradeXYZ xyz:NOW	+0.0208%	1h	137.86	+0.073%	$2.1M	$201K	10x	as long as short
Bybit NOWUSDT	+0.0335%	8h	137.96	+0.145%	$1.5M	$5.7M	25x	as long as short
GRVT NOW_USDT_Perp	+0.0467%	8h	137.92	+0.116%	$370	$165K	10x	as long as short