Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.051%
Price spread now: Lighter against edgeX+0.076%79s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.076%, 7d avg +0.021%
=Together, before fees−0.277%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$28 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 0.055% dearer against edgeX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 79 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 | edgeX FILUSDC | 0.9836 | 0.0100 | pay 0.0050% / 4h | 2m 13s | $45K | $294K | 10x |
| Short | Lighter FIL | 0.9844 | 0.0096 | get 0.0012% / 1h | 2m 13s | $158K | $348K | 5x |
edgeX FILUSDC
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$0.84
- Price spread: +0.076% → +0.021%
- $5.52
- Slippage, 4 orders
- −$34.96
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.28
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 11 min ago; Lighter: live order book, 2 min ago.
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 edgeX live order book, 11 min ago | 3.56 bp | 9.0 bp −$9 | 87.2 bp −$872 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 6.30 bp | 10.3 bp −$10 | 24.4 bp −$244 | doesn't fit | doesn't fit |
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 | −0.0662% | 1h | 0.9856 | +0.200% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0395% | 1h | 0.9855 | +0.187% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9853 | +0.170% | $317K | $1.8M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.190% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0034% | 8h | 0.9851 | +0.149% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0016% | 8h | 0.9851 | +0.149% | $18.1M | $98.8M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9855 | +0.187% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9858 | +0.221% | $57K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0037% | 8h | 0.9847 | +0.112% | $57.1M | $179.5M | 75x | as long as short |
| Extended FIL-USD | +0.0040% | 1h | 0.9846 | +0.099% | $689K | $2.3M | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FILUSDT | +0.0042% | 8h | 0.9852 | +0.160% | $10.9M | $21.6M | 75x | as long as short |
| BingX FIL-USDT | +0.0048% | 8h | 0.9848 | +0.119% | — | $11.9M | — | as long as short |
| Bybit FILUSDT | +0.0050% | 8h | 0.9854 | +0.180% | $15.4M | $18.4M | 25x | as long as short |
| MEXC FIL_USDC | +0.0051% | 8h | 0.9849 | +0.129% | $247K | $106K | 50x | as long as short |
| Gate FIL_USDT | +0.0069% | 8h | 0.9853 | +0.170% | $8.2M | $16.5M | 50x | as long as short |
| Lighter FILshort | +0.0096% | 1h | 0.9844 | +0.076% | $158K | $348K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9849 | +0.133% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9851 | +0.151% | $493K | $546K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9831 | −0.052% | $439K | $278K | — | as long as short |
| edgeX FILUSDClong | +0.0100% | 4h | 0.9836 | long leg | $45K | $294K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9830 | −0.065% | $293K | $805K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9840 | +0.038% | $30K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9860 | +0.242% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | +0.139% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9848 | +0.119% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9854 | +0.180% | $625K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | +0.139% | $1.1M | $2.4M | 50x | as long as short |
| BloFin FIL-USDT | +0.0146% | 8h | 0.9850 | +0.139% | $2.7M | $568K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0537% / S −0.0538% | 1h | 0.9853 | +0.170% | $196K | — | 100x | as long as short |
Bitget FILUSDT
BingX FIL-USDT
Bybit FILUSDT
MEXC FIL_USDC
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]