FIL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h +0.059%

Price spread now: Injective against Lighter−1.999%7-day average +2.020% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)+1.013%+$101 · spread now −1.999%, 7d avg +2.020%

Together, before fees+1.035%+ Points / potential airdropLighter: Season 3 · farm board+$104 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.019% cheaper against Lighter than usual: you would sell low and buy high (−$402 if the spread goes back to its 7-day average of +2.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter FIL	1.0056	0.0096	pay 0.0012% / 1h	40m 46s	$160K	$352K	5x
Short	Injective FIL/USDC PERP	0.9855	0.0033	get 0.0004% / 1h	40m 46s	$2K	$240K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee InjectivebpOrdersPrice spread, now −1.999%Rate

Funding earned: −$13.16
Price spread: −1.999% → +2.020%: −$401.87
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$415.05
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 14 min ago; Injective: no order-book sample. 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 Lighter live order book, 14 min ago	9.27 bp	19.2 bp −$19	32.6 bp −$326	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Coinbase International FIL-PERP-INTX	−0.0256%	1h	1.0074	+0.179%	$382K	$2.1M	50x	as long as short
Kraken Futures PF_FILUSD	−0.0127%	1h	1.0054	−0.021%	$1.4M	$2.3M	50x	as long as short
OKX FIL-USDT-SWAP	−0.0061%	8h	1.0058	+0.020%	$18.9M	$100.4M	50x	as long as short
Deribit FIL_USDC-PERPETUAL	−0.0048%	1h	1.0058	+0.020%	$173K	$23K	25x	as long as short
KuCoin FILUSDTM	−0.0038%	8h	1.0055	−0.010%	$7.5M	$7.2M	50x	as long as short
gTrade (Gains Network) FIL/USD	L −0.0003% / S +0.0006%	1h	1.0060	+0.043%	$27K	—	150x	as long as short
dYdX FIL-USD	0.0000%	1h	1.0060	+0.040%	$59K	$2K	10x	as long as short
Injective FIL/USDC PERPshort	+0.0033%	1h	0.9855	−1.999%	$2K	$240K	12x
Binance FILUSDT	+0.0056%	8h	1.0058	+0.025%	$58.2M	$177.7M	75x	as long as short
Extended FIL-USD	+0.0056%	1h	1.0056	+0.002%	$712K	$3.3M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC FIL_USDC	+0.0084%	8h	1.0051	−0.050%	$244K	$103K	50x	as long as short
Lighter FILlong	+0.0096%	1h	1.0056	long leg	$160K	$352K	5x
Phemex FILUSDT	+0.0097%	8h	1.0050	−0.060%	$1.1M	$2.5M	50x	as long as short
Hyperliquid FIL	+0.0100%	1h	1.0057	+0.015%	$8.6M	$9.5M	5x	as long as short
Aster FILUSDT	+0.0100%	8h	1.0065	+0.094%	$513K	$577K	20x	as long as short
Bybit FILUSDT	+0.0100%	8h	1.0057	+0.010%	$15.7M	$19.3M	25x	as long as short
Gate FIL_USDT	+0.0100%	8h	1.0060	+0.040%	$8.5M	$16.4M	50x	as long as short
Bitget FILUSDT	+0.0100%	8h	1.0056	0.000%	$11.0M	$20.1M	75x	as long as short
BingX FIL-USDT	+0.0100%	8h	1.0058	+0.020%	—	$11.9M	—	as long as short
Variational Omni FIL	+0.0100%	8h	1.0054	−0.024%	$453K	$266K	—	as long as short
edgeX FILUSDC	+0.0100%	4h	1.0031	−0.246%	$46K	$294K	10x	as long as short
GRVT FIL_USDT_Perp	+0.0100%	8h	1.0045	−0.113%	$301K	$869K	10x	as long as short
ApeX Omni FILUSDT	+0.0100%	1h	1.0030	−0.259%	$30K	$186K	50x	as long as short
Orderly PERP_FIL_USDC_mythos	+0.0100%	4h	1.0065	+0.093%	$5K	—	10x	as long as short
SunX FIL-USDT	+0.0100%	8h	1.0040	−0.159%	$3K	$1.1M	20x	as long as short
SoDEX FIL-USD	+0.0100%	1h	1.0046	−0.099%	$485	$11K	5x	as long as short
HTX FIL-USDT	+0.0100%	8h	1.0053	−0.030%	$639K	$5.7M	75x	as long as short
BloFin FIL-USDT	+0.0175%	8h	1.0054	−0.020%	$2.8M	$640K	75x	as long as short
GMX FIL/USD [WBTC.b-USDC]	L +0.0577% / S −0.0237%	1h	1.0062	+0.060%	$269K	—	100x	as long as short