NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0368%/8h= +40.3% APRnext payment +$0.46 per $10,000 · paid last 24h +0.040%

Price spread now: tradeXYZ against Lighter−0.007%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 tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 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 · tradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NOW	137.77	0.0032	pay 0.0004% / 1h	21m 26s	$5K	$178	5x
Short	tradeXYZ xyz:NOW	137.76	0.0400	get 0.0050% / 1h	21m 26s	$2.1M	$229K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.007%Rate

Funding earned: $77.38
Price spread: −0.007% → 0.000%: −$0.73
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $58.66
Costs to cover: 0.180%
Break-even: 1.7 days

Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 5 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 Lighter no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 5 min ago	3.27 bp	16.5 bp −$16	doesn't fit	doesn't fit	doesn't fit

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.

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
Aster NOWUSDT	0.0000%	8h	138.67	+0.652%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	137.96	+0.138%	$489K	$228K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.66	−0.080%	$1.1M	$1.9M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.86	+0.065%	$248K	$370K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.84	+0.051%	$780K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.85	+0.058%	$546	$386K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.88	+0.080%	$5K	$31K	20x	as long as short
Lighter NOWlong	+0.0032%	1h	137.77	long leg	$5K	$178	5x
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.473%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.67	−0.073%	—	—	25x	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	137.60	−0.123%	$316K	$642K	20x	as long as short
Bybit NOWUSDT	+0.0204%	8h	137.89	+0.087%	$1.6M	$4.9M	25x	as long as short
Binance NOWUSDT	+0.0214%	8h	137.91	+0.101%	$1.8M	$1.4M	20x	as long as short
BloFin NOW-USDT	+0.0230%	8h	137.88	+0.080%	$230	$17K	20x	as long as short
tradeXYZ xyz:NOWshort	+0.0400%	1h	137.76	−0.007%	$2.1M	$229K	10x
GRVT NOW_USDT_Perp	+0.0574%	8h	137.90	+0.093%	$177	$151K	10x	as long as short