USDCAD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	InjectiveUSDCAD/USDC PERP	1.4259	+0.0033	pay 0.0004% / 1h	43m 52s	—	$2	100x	Long Injective
SHORT	LighterUSDCAD	1.4218	−0.0496	pay 0.0062% / 1h	43m 52s	$1.6M	$64K	25x	Short Lighter7d free

Price gap−0.284%

Funding gap−0.0529% /8h

Both sides work against this direction now: funding costs $16 a day on $10k and the gap is 0.284% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$64−0.0529% /8h now · paid −0.639% over the last 7D

Price—spread −0.284% now · no price history on both exchanges yet

Costsno datano order book for Injective

Result, before costs—+ Points / potential airdropLighter: Season 3 · farm boardneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.284%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

USDCAD on 3 exchanges

lowest funding first

Before you open

3 ok · 0 to watch

Note: Order book unknown—
No order-book sample for Injective: its slippage is not counted.
Note: Margin at max leverage$100 + $400
Injective 100x, Lighter 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$15.88Long Injective: 24 payments, −$1.00; short Lighter: 24 payments, −$14.88.
Note: No 7-day spread history−0.284%
The gap cannot be compared with its average yet.
Note: Open interest unknown— vs $1.6M OI
Injective reports no open interest, so the legs cannot be compared.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legInjective No · Lighter No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0304%/8h × 21 periods−$63.93

Price spread−0.284% → 0−$28.39

Slippage, 4 ordersno data for Injective—

Fee Injective bp × 2 orders−$0.02

Fee Lighter bp × 2 orders$0.00

Net, fees only · 7 days · $10k−$92.34

Costs to cover0.000%Break-evennever at this rate

Slippage: Injective: no order-book sample; Lighter: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGInjective—————

SELL · SHORTLighter8.448.6 bp−$910.9 bp−$10983.5 bp−$8,354doesn’t fit

Closing costs about the same again.
Injective: no data.