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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.051%
Price spread now: Lighter against ApeX Omni−0.122%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$760.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.090%−$9 on $10k
Price spread, last 3 days (all we have)−0.008%−$1 · spread now −0.122%, 7d avg −0.035%
Together, before fees−0.098%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.087% cheaper against ApeX Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT0.98600.0100pay 0.0013% / 1h59m 22s$30K$196K50x
ShortLighter FIL0.98480.0096get 0.0012% / 1h59m 22s$158K$345K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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
−$0.84
Price spread: −0.122% → −0.035%
−$8.69
Slippage, 4 orders
−$65.54
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$85.06
Costs to cover
0.755%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 12 min ago; Lighter: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 12 min ago10.16 bp19.8 bp −$20123.6 bp −$1,236doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago6.30 bp10.3 bp −$1024.4 bp −$244doesn't fitdoesn't fit

FIL on 29 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
Deribit FIL_USDC-PERPETUAL−0.0459%1h0.9870+0.101%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0332%1h0.9871+0.107%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9866+0.061%$318K$1.8M50xas long as short
KuCoin FILUSDTM−0.0034%8h0.9862+0.020%$7.4M$7.1M50xas long as short
OKX FIL-USDT-SWAP−0.0022%8h0.9859−0.010%$18.1M$98.9M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9866+0.064%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9865+0.054%$58K$2K10xas long as short
Extended FIL-USD+0.0032%1h0.9859−0.010%$689K$2.3M10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.051%$2K$240K12xas long as short
Binance FILUSDT+0.0035%8h0.9861+0.010%$57.2M$179.5M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget FILUSDT+0.0046%8h0.98600.000%$10.9M$21.6M75xas long as short
BingX FIL-USDT+0.0048%8h0.9861+0.010%$11.9Mas long as short
MEXC FIL_USDC+0.0053%8h0.9852−0.081%$247K$103K50xas long as short
Gate FIL_USDT+0.0070%8h0.9864+0.041%$8.2M$16.0M50xas long as short
Lighter FILshort+0.0096%1h0.9848−0.122%$158K$345K5x
Hyperliquid FIL+0.0100%1h0.9862+0.020%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9860−0.004%$493K$546K20xas long as short
Bybit FILUSDT+0.0100%8h0.9863+0.030%$15.4M$18.4M25xas long as short
Variational Omni FIL+0.0100%8h0.9846−0.140%$440K$278Kas long as short
edgeX FILUSDC+0.0100%4h0.9850−0.105%$45K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9856−0.045%$294K$805K10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h0.9860long leg$30K$196K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9871+0.109%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850−0.101%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9861+0.010%$480$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9866+0.061%$625K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.98600.000%$1.1M$2.4M50xas long as short
BloFin FIL-USDT+0.0145%8h0.9854−0.061%$2.7M$568K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0538% / S −0.0538%1h0.9866+0.061%$196K100xas long as short