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: Injective against Lighter+1.033%7-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: Injective is 1.033% dearer against Lighter than usual: you sell high and buy low, +$103 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NOW | 138.37 | 0.0032 | pay 0.0004% / 1h | 46m 42s | $5K | $171 | 5x |
| Short | Injective NOW/USDC PERP | 139.80 | 0.0033 | get 0.0004% / 1h | 46m 42s | $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 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: +1.033% → 0.000%
- $103.35
- 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
- $103.61
- 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 | 138.58 | +0.152% | $494K | $230K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 138.22 | −0.108% | $1.1M | $1.4M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 138.43 | +0.043% | $252K | $346K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 138.38 | +0.007% | $767K | $254K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 138.50 | +0.094% | $749 | $367K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 138.52 | +0.108% | $5K | $34K | 20x | as long as short |
| Aster NOWUSDT | +0.0029% | 8h | 138.80 | +0.311% | $41K | $995 | 20x | as long as short |
| Lighter NOWlong | +0.0032% | 1h | 138.37 | long leg | $5K | $171 | 5x | |
| Injective NOW/USDC PERPshort | +0.0033% | 1h | 139.80 | +1.033% | $3K | $101 | 12x | |
| Vest NOW-USD-PERP | +0.0046% | 1h | 138.25 | −0.087% | — | — | 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 | 138.26 | −0.079% | $317K | $632K | 20x | as long as short |
| BloFin NOW-USDT | +0.0207% | 8h | 138.56 | +0.137% | $46K | $17K | 20x | as long as short |
| Binance NOWUSDT | +0.0217% | 8h | 138.51 | +0.099% | $1.8M | $1.4M | 20x | as long as short |
| Bybit NOWUSDT | +0.0232% | 8h | 138.46 | +0.065% | $1.6M | $2.3M | 25x | as long as short |
| tradeXYZ xyz:NOW | +0.0295% | 1h | 138.37 | 0.000% | $2.1M | $224K | 10x | as long as short |
| GRVT NOW_USDT_Perp | +0.0352% | 8h | 138.44 | +0.051% | $226 | $146K | 10x | as long as short |
Lighter NOW
Injective NOW/USDC PERP
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Aster NOWUSDT
KuCoin NOWUSDTM
BloFin NOW-USDT
Binance NOWUSDT
Bybit NOWUSDT
tradeXYZ xyz:NOW
GRVT NOW_USDT_Perp