Funding you earn now, next payment 02:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h +0.005%
Price spread now: Injective against Lighter−0.082%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.041%+$4 on $10k
+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 −$1 a day on $10k at the current rate, and Injective is 0.082% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | Lighter EURUSD | 1.1480 | 0.0080 | pay 0.0010% / 1h | 33m 56s | $2.1M | $441K | 50x |
| Short | Injective EURUSD/USDC PERP | 1.1470 | 0.0033 | get 0.0004% / 1h | 33m 56s | $9K | $78K | 101x |
Lighter EURUSD
Injective EURUSD/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
- −$9.8
- Price spread: −0.082% → 0.000%
- −$8.19
- 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
- −$18.01
- Costs to cover
- 0.000%
- Break-even
- never at this rate
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 | 1.04 bp | 3.0 bp −$3 | 11.0 bp −$110 | 69.7 bp −$6,970 | 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.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0211% | 1h | 1.1469 | −0.095% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0174% | 4h | 1.1469 | −0.094% | $6.8M | $139K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1473 | −0.057% | $582K | $280K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1476 | −0.033% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | −0.068% | $253K | $21K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1466 | −0.120% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1477 | −0.024% | — | $2.5M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1476 | −0.033% | $13K | $257K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1467 | −0.113% | $6.7M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERPshort | +0.0033% | 1h | 1.1470 | −0.082% | $9K | $78K | 101x |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0041% | 1h | 1.1469 | −0.093% | $466K | $156K | 40x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1498 | +0.159% | — | $264K | 100x | as long as short |
| Lighter EURUSDlong | +0.0080% | 1h | 1.1480 | long leg | $2.1M | $441K | 50x | |
| Hibachi EUR/USDT-P | +0.0080% | 1h | 1.1470 | −0.089% | $173K | $8.3M | 30x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1466 | −0.117% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | −0.025% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0232% | 1h | 1.1477 | −0.024% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0237% | 1h | 1.1478 | −0.016% | $23.3M | $1.9M | 50x | as long as short |
Nado EURUSD-PERP
Vest EUR-USD-PERP
Hibachi EUR/USDT-P
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
tradeXYZ xyz:EUR