Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.038%
Price spread now: GRVT against Lighter+0.782%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$1521.524% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.377%−$38 · spread now +0.782%, 7d avg +0.027%
=Together, before fees−0.287%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board−$29 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: GRVT is 0.755% dearer against Lighter than usual: you sell high and buy low, +$75 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9943 | 0.0096 | pay 0.0012% / 1h | 49m 21s | $154K | $360K | 5x |
| Short | GRVT FIL_USDT_Perp | 1.0020 | 0.0100 | get 0.0100% / 8h | 4h 49m | $295K | $934K | 10x |
Lighter FIL
GRVT FIL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0.84
- Price spread: +0.782% → +0.027%
- $75.45
- Slippage, 4 orders
- −$143.35
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$76.06
- Costs to cover
- 1.524%
- Break-even
- 640.8 days
Slippage from Lighter: live order book, 65 min ago; GRVT: live order book, 9 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, 65 min ago | 9.27 bp | 19.2 bp −$19 | 32.6 bp −$326 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 9 min ago | 5.02 bp | 58.2 bp −$58 | 156.9 bp −$1,569 | 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 | −0.0554% | 1h | 0.9946 | +0.033% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 0.9947 | +0.043% | $377K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 0.9939 | −0.037% | $18.8M | $102.7M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0019% | 8h | 0.9945 | +0.023% | $7.4M | $7.4M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9943 | +0.006% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9951 | +0.080% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.882% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0044% | 1h | 0.9945 | +0.019% | $1.4M | $2.3M | 50x | as long as short |
| Binance FILUSDT | +0.0077% | 8h | 0.9939 | −0.038% | $57.7M | $181.8M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9936 | −0.064% | $705K | $3.3M | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0082% | 8h | 0.9938 | −0.047% | $241K | $103K | 50x | as long as short |
| Lighter FILlong | +0.0096% | 1h | 0.9943 | long leg | $154K | $360K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9939 | −0.040% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9947 | +0.039% | $514K | $597K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9942 | −0.007% | $15.7M | $19.8M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9942 | −0.007% | $8.5M | $16.4M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9938 | −0.047% | $11.0M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9942 | −0.007% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9967 | +0.242% | $449K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0027 | +0.843% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 1.0020 | +0.782% | $295K | $934K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9970 | +0.275% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9947 | +0.040% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9940 | −0.027% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9943 | +0.003% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9956 | +0.134% | $621K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9950 | +0.073% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0197% | 8h | 0.9963 | +0.204% | $2.7M | $647K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0572% / S −0.0237% | 1h | 0.9944 | +0.015% | $266K | — | 100x | as long as short |
MEXC FIL_USDC
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
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]