Funding you earn now, next payment 09:00 UTC+0.0233%/8h= +25.5% APRnext payment +$0.29 per $10,000 · paid last 24h +0.051%
Price spread now: Injective against Lighter+0.117%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 0.117% dearer against Lighter than usual: you sell high and buy low: +$12 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 | Lighter USDCHF | 0.8198 | −0.0200 | get 0.0025% / 1h | 48m 19s | $1.3M | $10 | 25x |
| Short | Injective USDCHF/USDC PERP | 0.8208 | 0.0033 | get 0.0004% / 1h | 48m 19s | $3 | $41K | 101x |
Lighter USDCHF
Injective USDCHF/USDC PERPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $49
- Price spread: +0.117% → 0.000%
- $11.71
- 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
- $60.69
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 3 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 3 min ago | 14.82 bp | 14.9 bp −$15 | 20.5 bp −$205 | 57.7 bp −$5,772 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
USDCHF on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USDCHFlong | −0.0200% | 1h | 0.8198 | long leg | $1.3M | $10 | 25x | |
| Injective USDCHF/USDC PERPshort | +0.0033% | 1h | 0.8208 | +0.117% | $3 | $41K | 101x |