Funding you earn now, next payment 22:00 UTC+0.0652%/8h= +71.4% APRpaid last 24h +0.030%
Price spread now: Gate against Lighter+0.163%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$550.545% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.163%, 7d avg +0.016%
=Together, before fees−0.053%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Gate is 0.147% dearer against Lighter than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.6% a year). A funding rate is set anew for every payment. 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 | Lighter FIL | 0.9739 | −0.0552 | get 0.0069% / 1h | 47m 09s | $155K | $332K | 5x |
| Short | Gate FIL_USDT | 0.9755 | 0.0100 | get 0.0100% / 8h | 2h 47m | $7.7M | $16.2M | 50x |
Lighter FIL
Gate FIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $136.92
- Price spread: +0.163% → +0.016%
- $14.73
- Slippage, 4 orders
- −$39.55
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $97.1
- Costs to cover
- 0.545%
- Break-even
- 2.0 days
Slippage from Lighter: live order book, 36 min ago; Gate: live order book, 1 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 Lighter live order book, 36 min ago | 10.61 bp | 12.4 bp −$12 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.57 bp | 16.6 bp −$17 | 26.1 bp −$261 | 63.4 bp −$6,343 | 104.1 bp −$52.1K |
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 | −0.0671% | 1h | 0.9758 | +0.194% | $168K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0628% | 1h | 0.9748 | +0.087% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FILlong | −0.0552% | 1h | 0.9739 | long leg | $155K | $332K | 5x | |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9755 | +0.163% | $312K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0091% | 8h | 0.9747 | +0.081% | $15.3M | $18.0M | 25x | as long as short |
| Variational Omni FIL | −0.0048% | 8h | 0.9723 | −0.170% | $434K | $273K | — | as long as short |
| Bitget FILUSDT | −0.0028% | 8h | 0.9748 | +0.091% | $10.7M | $22.0M | 75x | as long as short |
| Hyperliquid FIL | −0.0024% | 1h | 0.9745 | +0.060% | $8.5M | $9.4M | 5x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9765 | +0.262% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9761 | +0.225% | $57K | $2K | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Variational Omni FIL
Bitget FILUSDT
Hyperliquid FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0015% | 8h | 0.9746 | +0.071% | $18.0M | $95.8M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | +0.122% | $2K | $148K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0042% | 8h | 0.9751 | +0.122% | $7.3M | $7.1M | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9762 | +0.236% | $484K | $507K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9747 | +0.084% | $55.8M | $176.2M | 75x | as long as short |
| Gate FIL_USDTshort | +0.0100% | 8h | 0.9755 | +0.163% | $7.7M | $16.2M | 50x | |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9749 | +0.102% | $248K | $104K | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9746 | +0.071% | — | $6.5M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9734 | −0.050% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9731 | −0.084% | $292K | $809K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9720 | −0.196% | $41K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9764 | +0.251% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9760 | +0.215% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9746 | +0.071% | $468 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9764 | +0.256% | $615K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9750 | +0.112% | $1.0M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9755 | +0.168% | $678K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9756 | +0.174% | $2.6M | $618K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0611% / S −0.0849% | 1h | 0.9766 | +0.277% | $207K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Aster FILUSDT
Binance FILUSDT
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]