Funding you earn now, next payment 22:00 UTC−0.0376%/8h= −41.2% APRnext payment −$0.47 per $10,000 · paid last 24h −0.018%
Price spread now: Lighter against dYdX−0.120%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Lighter is 0.120% cheaper against dYdX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.125%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX FIL-USD | 0.9859 | 0 | get 0.0000% / 1h | 24m 35s | $57K | $2K | 10x |
| Short | Lighter FIL | 0.9847 | −0.0376 | pay 0.0047% / 1h | 24m 35s | $157K | $337K | 5x |
dYdX FIL-USD
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- −$78.96
- Price spread: −0.120% → 0.000%
- −$11.97
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100.93
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 59 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 59 min ago | 10.61 bp | 10.7 bp −$11 | 26.1 bp −$261 | doesn't fit | doesn't fit |
dYdX: 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.
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1168% | 1h | 0.9860 | +0.009% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0621% | 1h | 0.9859 | −0.005% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FILshort | −0.0376% | 1h | 0.9847 | −0.120% | $157K | $337K | 5x | |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9860 | +0.009% | $315K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0051% | 8h | 0.9855 | −0.042% | $15.5M | $17.9M | 25x | as long as short |
| Bitget FILUSDT | −0.0034% | 8h | 0.9851 | −0.082% | $10.8M | $21.9M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9857 | −0.022% | $24K | — | 150x | as long as short |
| dYdX FIL-USDlong | 0.0000% | 1h | 0.9859 | long leg | $57K | $2K | 10x | |
| Variational Omni FIL | +0.0009% | 8h | 0.9855 | −0.045% | $437K | $277K | — | as long as short |
| OKX FIL-USDT-SWAP | +0.0016% | 8h | 0.9851 | −0.082% | $18.1M | $96.6M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
Variational Omni FIL
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid FIL | +0.0026% | 1h | 0.9855 | −0.047% | $8.6M | $9.5M | 5x | as long as short |
| KuCoin FILUSDTM | +0.0033% | 8h | 0.9856 | −0.032% | $7.4M | $7.1M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −1.097% | $2K | $148K | 12x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9860 | +0.014% | $488K | $514K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9853 | −0.062% | $56.5M | $175.7M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9854 | −0.052% | $7.8M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9851 | −0.082% | $250K | $105K | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9853 | −0.062% | — | $6.5M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9838 | −0.216% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9838 | −0.219% | $288K | $813K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9840 | −0.194% | $42K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9865 | +0.058% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.092% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9851 | −0.082% | $477 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9857 | −0.021% | $624K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.092% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9851 | −0.077% | $685K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9849 | −0.103% | $2.6M | $637K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0626% / S −0.0759% | 1h | 0.9859 | −0.003% | $218K | — | 100x | as long as short |
Hyperliquid FIL
KuCoin FILUSDTM
Injective FIL/USDC PERP
Aster FILUSDT
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDC
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]