Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.051%
Price spread now: Orderly against Lighter+0.138%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.138% dearer against Lighter than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9852 | 0.0096 | pay 0.0012% / 1h | 0m 37s | $158K | $348K | 5x |
| Short | Orderly PERP_FIL_USDC_mythos | 0.9866 | 0.0100 | get 0.0050% / 4h | 0m 37s | $5K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.138% → 0.000%
- $13.8
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $8.64
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 4 min ago; Orderly: 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, 4 min ago | 6.30 bp | 16.0 bp −$16 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0763% | 1h | 0.9865 | +0.130% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0394% | 1h | 0.9866 | +0.138% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9853 | +0.008% | $317K | $1.8M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.028% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0033% | 8h | 0.9859 | +0.069% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0018% | 8h | 0.9857 | +0.049% | $18.1M | $98.9M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9859 | +0.072% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9865 | +0.133% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0036% | 8h | 0.9856 | +0.041% | $57.1M | $179.5M | 75x | as long as short |
| Extended FIL-USD | +0.0040% | 1h | 0.9855 | +0.028% | $689K | $2.3M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FILUSDT | +0.0045% | 8h | 0.9858 | +0.059% | $10.9M | $21.6M | 75x | as long as short |
| BingX FIL-USDT | +0.0048% | 8h | 0.9858 | +0.059% | — | $11.9M | — | as long as short |
| Bybit FILUSDT | +0.0051% | 8h | 0.9860 | +0.079% | $15.4M | $18.4M | 25x | as long as short |
| MEXC FIL_USDC | +0.0053% | 8h | 0.9854 | +0.018% | $247K | $106K | 50x | as long as short |
| Gate FIL_USDT | +0.0070% | 8h | 0.9857 | +0.049% | $8.2M | $16.5M | 50x | as long as short |
| Lighter FILlong | +0.0096% | 1h | 0.9852 | long leg | $158K | $348K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9859 | +0.071% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9860 | +0.078% | $493K | $546K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9846 | −0.061% | $440K | $278K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9849 | −0.029% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9830 | −0.226% | $293K | $805K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.079% | $30K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythosshort | +0.0100% | 4h | 0.9866 | +0.138% | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.022% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9859 | +0.069% | $480 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9866 | +0.140% | $625K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.079% | $1.1M | $2.4M | 50x | as long as short |
| BloFin FIL-USDT | +0.0145% | 8h | 0.9854 | +0.018% | $2.7M | $568K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0538% / S −0.0538% | 1h | 0.9858 | +0.056% | $196K | — | 100x | as long as short |
Lighter FIL
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
Binance FILUSDT
Extended FIL-USD
Bitget FILUSDT
BingX FIL-USDT
Bybit FILUSDT
MEXC FIL_USDC
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]