NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Injective against Lighter+0.691%96s7-day average — · you sell dearer than you buy

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.691% dearer against Lighter than usual: you sell high and buy low, +$69 on $10k if it 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	Lighter NOW	138.84	0.0032	pay 0.0004% / 1h	51m 45s	$5K	$171	5x
Short	Injective NOW/USDC PERP	139.80	0.0033	get 0.0004% / 1h	51m 45s	$3K	$101	12x

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 +0.691%Rate

Funding earned: $0.28
Price spread: +0.691% → 0.000%: $69.14
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: $69.4
Costs to cover: 0.000%
Break-even: from the start

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.

NOW 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
OKX NOW-USDT-SWAP	0.0000%	8h	138.91	+0.050%	$496K	$231K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	138.87	+0.022%	$1.1M	$1.4M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	138.91	+0.050%	$253K	$345K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	138.89	+0.036%	$770K	$254K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	138.98	+0.101%	$901	$349K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	139.13	+0.209%	$5K	$36K	20x	as long as short
Lighter NOWlong	+0.0032%	1h	138.84	long leg	$5K	$171	5x
Injective NOW/USDC PERPshort	+0.0033%	1h	139.80	+0.691%	$3K	$101	12x
Vest NOW-USD-PERP	+0.0046%	1h	138.90	+0.043%	—	—	25x	as long as short
Aster NOWUSDT	+0.0063%	8h	139.26	+0.305%	$41K	$995	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	138.76	−0.058%	$319K	$630K	20x	as long as short
tradeXYZ xyz:NOW	+0.0174%	1h	138.89	+0.036%	$2.1M	$228K	10x	as long as short
Binance NOWUSDT	+0.0207%	8h	139.00	+0.115%	$1.8M	$1.4M	20x	as long as short
Bybit NOWUSDT	+0.0221%	8h	138.90	+0.043%	$1.6M	$1.4M	25x	as long as short
BloFin NOW-USDT	+0.0221%	8h	139.00	+0.115%	$46K	$18K	20x	as long as short
GRVT NOW_USDT_Perp	+0.0309%	8h	138.93	+0.066%	$374	$143K	10x	as long as short