Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.050%
Price spread now: SunX against Lighter+0.070%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2052.051% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.070%, 7d avg +0.022%
=Together, before fees+0.082%+ Points / potential airdropLighter: Season 3 · farm board+$8 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: SunX is 0.048% dearer against Lighter than usual: you sell high and buy low, +$5 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 | Lighter FIL | 0.9963 | 0.0096 | pay 0.0012% / 1h | 8m 34s | $159K | $349K | 5x |
| Short | SunX FIL-USDT | 0.9970 | 0.0100 | get 0.0100% / 8h | 7h 08m | $3K | $1.1M | 20x |
Lighter FIL
SunX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.070% → +0.022%
- $4.8
- Slippage, 4 orders
- −$197.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$199.5
- Costs to cover
- 2.051%
- Break-even
- 1669.5 days
Slippage from Lighter: live order book, 56 min ago; SunX: live order book, 5 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, 56 min ago | 6.30 bp | 16.0 bp −$16 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 25.01 bp | 111.6 bp −$112 | 412.9 bp −$4,129 | 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 | −0.0652% | 1h | 0.9972 | +0.090% | $172K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0328% | 1h | 0.9979 | +0.164% | $1.4M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9970 | +0.070% | $342K | $1.9M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0037% | 8h | 1.0000 | +0.371% | $18.3M | $98.4M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0033% | 8h | 0.9970 | +0.070% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9972 | +0.088% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9971 | +0.082% | $58K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9968 | +0.048% | $698K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0033% | 8h | 0.9998 | +0.351% | $57.9M | $178.8M | 75x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.084% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Binance FILUSDT
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0069% | 8h | 0.9966 | +0.030% | $246K | $106K | 50x | as long as short |
| Bitget FILUSDT | +0.0080% | 8h | 0.9997 | +0.341% | $11.0M | $21.5M | 75x | as long as short |
| Lighter FILlong | +0.0096% | 1h | 0.9963 | long leg | $159K | $349K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 1.0000 | +0.371% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9976 | +0.130% | $510K | $574K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0001 | +0.381% | $15.7M | $18.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9980 | +0.171% | $8.3M | $16.4M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9982 | +0.191% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9995 | +0.320% | $450K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9983 | +0.205% | $46K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9985 | +0.223% | $297K | $823K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9990 | +0.271% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9975 | +0.120% | $5K | — | 10x | as long as short |
| SunX FIL-USDTshort | +0.0100% | 8h | 0.9970 | +0.070% | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9970 | +0.070% | $494 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9971 | +0.080% | $630K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9970 | +0.070% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0132% | 8h | 0.9972 | +0.090% | $2.7M | $594K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0544% / S −0.0538% | 1h | 0.9971 | +0.084% | $198K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]