Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.030%
Price spread now: Lighter against GRVT−0.297%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$730.725% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.297%, 7d avg −0.022%
=Together, before fees−0.062%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board−$6 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 0.274% cheaper against GRVT than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT FIL_USDT_Perp | 0.9903 | 0.0100 | pay 0.0100% / 8h | 1h 37m | $287K | $1.3M | 10x |
| Short | Lighter FIL | 0.9874 | 0.0096 | get 0.0012% / 1h | 37m 07s | $147K | $355K | 5x |
GRVT FIL_USDT_Perp
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. 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: −0.297% → −0.022%
- −$27.43
- Slippage, 4 orders
- −$63.54
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100.8
- Costs to cover
- 0.725%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; Lighter: live order book, 62 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 GRVT live order book, 6 min ago | 5.05 bp | 40.8 bp −$41 | 211.8 bp −$2,118 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 62 min ago | 5.98 bp | 13.0 bp −$13 | 25.0 bp −$250 | 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 | −0.0659% | 1h | 0.9887 | −0.164% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0248% | 1h | 0.9919 | +0.159% | $352K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9893 | −0.108% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9892 | −0.118% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.488% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0045% | 8h | 0.9872 | −0.316% | $17.9M | $108.9M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0057% | 8h | 0.9877 | −0.265% | $7.0M | $8.0M | 50x | as long as short |
| Lighter FILshort | +0.0096% | 1h | 0.9874 | −0.297% | $147K | $355K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9874 | −0.292% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9886 | −0.176% | $504K | $608K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9878 | −0.250% | $55.6M | $187.8M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9871 | −0.326% | $15.5M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9875 | −0.286% | $8.2M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9878 | −0.255% | $230K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9870 | −0.336% | $11.2M | $20.2M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9874 | −0.296% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9903 | −0.005% | $441K | $273K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9890 | −0.139% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perplong | +0.0100% | 8h | 0.9903 | long leg | $287K | $1.3M | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | +0.169% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9893 | −0.104% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9880 | −0.235% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9880 | −0.235% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9886 | −0.174% | $613K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9870 | −0.336% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9881 | −0.226% | $697K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9884 | −0.195% | $2.6M | $675K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0247% | 1h | 0.9885 | −0.186% | $1.3M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0280% | 1h | 0.9887 | −0.168% | $264K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
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
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]