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: Injective against Lighter−2.575%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Injective

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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.575% cheaper against Lighter than usual: you would sell low and buy high (−$257 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter 1000NOT	0.0005003	0.0096	pay 0.0012% / 1h	29m 01s	$11K	$4K	3x
Short	Injective NOT/USDC PERP	0.0004874	0.0033	get 0.0004% / 1h	29m 01s	$1K	$13K	5.5x

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

Position, each leg$Hold fordaysFee LighterbpFee InjectivebpOrdersPrice spread, now −2.575%Rate

Funding earned: −$13.16
Price spread: −2.575% → 0.000%: −$257.46
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: −$270.64
Costs to cover: 0.000%
Break-even: never at this rate

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

Leg	Half-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.

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	−0.371%	$71K	$38K	—	as long as short
KuCoin NOTUSDTM	−0.0106%	4h	0.0004989	−0.276%	$476K	$137K	50x	as long as short
Injective NOT/USDC PERPshort	+0.0033%	1h	0.0004874	−2.575%	$1K	$13K	5.5x
BloFin NOT-USDT	+0.0094%	4h	0.0004998	−0.096%	$109K	$18K	50x	as long as short
Lighter 1000NOTlong	+0.0096%	1h	0.0005003	long leg	$11K	$4K	3x
Hyperliquid NOT	+0.0100%	1h	0.0004990	−0.256%	$336K	$68K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0004994	−0.170%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0004994	−0.176%	$2.0M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0004988	−0.296%	$2.1M	$891K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0004988	−0.296%	$634K	$696K	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	−0.056%	$138K	$73K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0004994	−0.176%	$1.3M	$449K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0004997	−0.116%	$654K	$484K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0004991	−0.236%	—	$732K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0004994	−0.185%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1693%	1h	0.0005001	−0.045%	$49K	$9K	10x	as long as short