Settings8H · net · $10k
Funding arb · Price arb /

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against Injective−1.044%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno 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 1.044% cheaper against Injective than usual: you would sell low and buy high, −$104 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NOW/USDC PERP139.800.0033pay 0.0004% / 1h46m 49s$3K$10112x
ShortLighter NOW138.340.0032get 0.0004% / 1h46m 49s$5K$1715x

Funding 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 it
latest
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: −1.044% → 0.000%
−$104.43
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
−$104.73
Costs to cover
0.000%
Break-even
never at this rate
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
LegHalf-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.

NOW on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NOW-USDT-SWAP0.0000%8h138.58−0.873%$494K$230K20xas long as short
QFEX NOW-USD0.0000%1h138.22−1.130%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h138.43−0.980%$252K$346K20xas long as short
Bitget NOWUSDT0.0000%8h138.38−1.016%$767K$254K20xas long as short
SunX NOW-USDT0.0000%8h138.50−0.930%$749$367K10xas long as short
HTX NOW-USDT0.0000%8h138.52−0.916%$5K$34K20xas long as short
Aster NOWUSDT+0.0026%8h138.78−0.731%$41K$99520xas long as short
Lighter NOWshort+0.0032%1h138.34−1.044%$5K$1715x
Injective NOW/USDC PERPlong+0.0033%1h139.80long leg$3K$10112x
Vest NOW-USD-PERP+0.0046%1h138.25−1.109%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.23−1.123%$317K$632K20xas long as short
BloFin NOW-USDT+0.0207%8h138.56−0.887%$46K$17K20xas long as short
Binance NOWUSDT+0.0213%8h138.51−0.923%$1.8M$1.4M20xas long as short
Bybit NOWUSDT+0.0229%8h138.46−0.959%$1.6M$2.3M25xas long as short
tradeXYZ xyz:NOW+0.0294%1h138.33−1.052%$2.1M$224K10xas long as short
GRVT NOW_USDT_Perp+0.0352%8h138.44−0.973%$226$146K10xas long as short