Funding you earn now, next payment 05:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.27 per $10,000 · paid last 24h −0.042%
Price spread now: Lighter against Injective−8.935%96s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Lighter is 8.935% cheaper against Injective than usual: you would sell low and buy high (−$894 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 WTI/USDC PERP | 102.37 | 0.0220 | pay 0.0028% / 1h | 15m 29s | $19K | $11K | 30x |
| Short | Lighter WTI | 93.224 | 0.0008 | get 0.0001% / 1h | 15m 29s | $11.2M | $10.3M | 20x |
Injective WTI/USDC PERP
Lighter WTIFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.52
- Price spread: −8.935% → 0.000%
- −$893.51
- 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
- −$938.05
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 3 min ago. 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 live order book, 3 min ago | 0.27 bp | 0.5 bp $0 | 1.0 bp −$10 | 5.6 bp −$558 | 23.8 bp −$11.9K |
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.
CL on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0608% | 1h | 93.170 | −8.988% | $199K | $370K | 15x | as long as short |
| GRVT CL_USDT_Perp | −0.0340% | 4h | 93.170 | −8.988% | $58K | $656K | 25x | as long as short |
| Aster CLUSD1 | −0.0279% | 4h | 93.280 | −8.880% | $24.3M | $66.0M | 20x | as long as short |
| Binance CLUSDT | −0.0187% | 4h | 93.244 | −8.916% | $246.1M | $940.0M | 100x | as long as short |
| Variational Omni CL | −0.0172% | 4h | 93.189 | −8.970% | $13.4M | $10.9M | — | as long as short |
| Ondo Perps WTI-USD.P | −0.0134% | 1h | 93.170 | −8.988% | $3.5M | $5.4M | 20x | as long as short |
| Bitget CLUSDT | −0.0132% | 4h | 93.241 | −8.919% | $42.0M | $43.2M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0126% | 1h | 93.228 | −8.931% | $2K | $27K | 5x | as long as short |
| Nado WTI-PERP | −0.0118% | 1h | 93.285 | −8.875% | $965K | $629K | 10x | as long as short |
| edgeX CLUSDC | −0.0072% | 4h | 93.211 | −8.948% | $524K | $307K | 30x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
GRVT CL_USDT_Perp
Aster CLUSD1
Binance CLUSDT
Variational Omni CL
Ondo Perps WTI-USD.P
Bitget CLUSDT
Aftermath Perps WTIUSD
Nado WTI-PERP
edgeX CLUSDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CL_USDT | −0.0067% | 8h | 93.180 | −8.978% | $21.3M | $51.5M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.0061% | 4h | 93.240 | −8.920% | $42.7M | $102.9M | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0061% | 1h | 93.221 | −8.938% | $281K | $958K | 25x | as long as short |
| tradeXYZ xyz:CL | −0.0055% | 1h | 93.245 | −8.915% | $184.6M | $217.7M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.160 | −8.998% | $403K | $929K | 15x | as long as short |
| QFEX CL-USD | −0.0033% | 1h | 93.230 | −8.929% | $2.3M | $1.9M | 10x | as long as short |
| Paradex CL-USD-PERP | −0.0027% | 8h | 93.224 | −8.935% | $16K | $367 | 5x | as long as short |
| Phoenix WTIOIL | −0.0009% | 1h | 93.260 | −8.900% | $37K | $41K | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.255 | −8.905% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.249 | −8.911% | $26.8M | $80.5M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.306 | −8.855% | $3.1M | $2.9M | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.243 | −8.917% | $19K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.806 | −9.343% | $5K | — | 150x | as long as short |
| KuCoin CLUSDTM | +0.0006% | 4h | 93.267 | −8.893% | $7.1M | $2.4M | 50x | as long as short |
| Lighter WTIshort | +0.0008% | 1h | 93.224 | −8.935% | $11.2M | $10.3M | 20x | |
| Extended WTI-USD | +0.0016% | 1h | 93.290 | −8.871% | $2.0M | $18.6M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.170 | −8.988% | $736K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.250 | −8.910% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.248 | −8.912% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.201 | −8.958% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.225 | −8.934% | $331K | $579K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.190 | −8.968% | $54K | $267K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.170 | −8.988% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0181% | 4h | 93.180 | −8.978% | $4.0M | $999K | 50x | as long as short |
| Injective WTI/USDC PERPlong | +0.0220% | 1h | 102.37 | long leg | $19K | $11K | 30x | |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0223% / S −0.0151% | 1h | 93.245 | −8.915% | $81K | — | 111x | as long as short |
Gate CL_USDT
OKX CL-USDT-SWAP
Kraken Futures PF_WTIOILUSD
tradeXYZ xyz:CL
Coinbase International WTIOIL-PERP-INTX
QFEX CL-USD
Paradex CL-USD-PERP
Phoenix WTIOIL
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
KuCoin CLUSDTM
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]