Funding you earn now, next payment 02:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Lighter against Injective+15.016%66s7-day average — · you sell dearer than you buy
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 15.016% dearer against Injective than usual: you sell high and buy low, +$1,502 on $10k if it goes back to zero (this spread has no 7-day history yet). 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 | Injective IBM/USDC PERP | 201.05 | 0.0033 | pay 0.0004% / 1h | 38m 04s | — | $57 | 12x |
| Short | Lighter IBM | 231.24 | 0.0032 | get 0.0004% / 1h | 38m 04s | $38K | $43K | 10x |
Injective IBM/USDC PERP
Lighter IBMFunding 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
- −$0.28
- Price spread: +15.016% → 0.000%
- $1,501.62
- 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
- $1,501.32
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Injective and 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.
IBM 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 231.06 | +14.927% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.13 | +14.961% | $972K | $345K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.23 | +15.011% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.24 | +15.016% | $798K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.32 | +15.056% | $791K | $339K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.41 | +15.100% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.44 | +15.114% | $194 | $160K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.16 | +14.976% | $1K | $487K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.83 | +15.310% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0029% | 1h | 231.30 | +15.046% | $1.2M | $3.1M | 10x | as long as short |
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IBMshort | +0.0032% | 1h | 231.24 | +15.016% | $38K | $43K | 10x | |
| Injective IBM/USDC PERPlong | +0.0033% | 1h | 201.05 | long leg | — | $57 | 12x | |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.12 | +14.956% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.10 | +14.947% | $1.9M | $723K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.14 | +14.966% | $194K | $33K | 20x | as long as short |
| Binance IBMUSDT | +0.0109% | 8h | 231.27 | +15.031% | $3.9M | $5.3M | 20x | as long as short |
| Extended IBM-USD | +0.0112% | 1h | 231.20 | +14.998% | $54K | $235K | 10x | as long as short |
| BloFin IBM-USDT | +0.0122% | 8h | 231.18 | +14.986% | $46K | $52K | 20x | as long as short |
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
Binance IBMUSDT
Extended IBM-USD
BloFin IBM-USDT