NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%

Price spread now: Lighter against Injective+2.643%96s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Lighter

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 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 +$2 a day on $10k at the current rate, and Lighter is 2.643% dearer against Injective than usual: you sell high and buy low: +$264 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective NOT/USDC PERP	0.0004874	0.0033	pay 0.0004% / 1h	29m 46s	$1K	$13K	5.5x
Short	Lighter 1000NOT	0.0005003	0.0096	get 0.0012% / 1h	29m 46s	$11K	$4K	3x

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

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersPrice spread, now +2.643%Rate

Funding earned: $13.16
Price spread: +2.643% → 0.000%: $264.26
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: $277.4
Costs to cover: 0.000%
Break-even: from the start

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

Leg	Half-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.

NOT 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
Variational Omni NOT	−0.0178%	4h	0.0004984	+2.262%	$71K	$38K	—	as long as short
KuCoin NOTUSDTM	−0.0110%	4h	0.0004983	+2.236%	$475K	$137K	50x	as long as short
Injective NOT/USDC PERPlong	+0.0033%	1h	0.0004874	long leg	$1K	$13K	5.5x
BloFin NOT-USDT	+0.0046%	4h	0.0004994	+2.462%	$110K	$18K	50x	as long as short
Lighter 1000NOTshort	+0.0096%	1h	0.0005003	+2.643%	$11K	$4K	3x
Hyperliquid NOT	+0.0100%	1h	0.0004990	+2.380%	$336K	$68K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0004994	+2.456%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0004996	+2.503%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0004987	+2.318%	$2.1M	$890K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0004988	+2.339%	$634K	$695K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005000	+2.585%	$138K	$73K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0004995	+2.483%	$1.3M	$449K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0004996	+2.503%	$654K	$482K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0004992	+2.421%	—	$732K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0004995	+2.489%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1690%	1h	0.0005010	+2.792%	$49K	$9K	10x	as long as short