Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%
Price spread now: Lighter against MEXC−0.167%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.167%, 7d avg +0.036%
=Together, before fees+0.111%+ Points / potential airdropLighter: Season 3 · farm board+$11 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: Lighter is 0.203% cheaper against MEXC than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 1.0067 | 0.0100 | pay 0.0100% / 8h | 3h 53m | $244K | $102K | 50x |
| Short | Lighter FIL | 1.0050 | 0.0096 | get 0.0012% / 1h | 53m 24s | $155K | $354K | 5x |
MEXC FIL_USDC
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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: −0.167% → +0.036%
- −$20.27
- Slippage, 4 orders
- −$37.77
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$58.88
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 46 min ago; Lighter: live order book, 56 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 MEXC live order book, 46 min ago | 1.51 bp | 4.5 bp −$4 | 12.7 bp −$127 | 74.3 bp −$7,432 | doesn't fit |
| Sell Lighter live order book, 56 min ago | 6.79 bp | 11.7 bp −$12 | 23.9 bp −$239 | 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 | −0.0446% | 1h | 1.0049 | −0.179% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0058 | −0.089% | $368K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0023% | 8h | 1.0090 | +0.228% | $18.6M | $106.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0089 | +0.222% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0057 | −0.097% | $59K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0014% | 8h | 1.0066 | −0.010% | $7.4M | $7.6M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −2.106% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 1.0051 | −0.161% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FILshort | +0.0096% | 1h | 1.0050 | −0.167% | $155K | $354K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 1.0077 | +0.099% | $8.5M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 1.0065 | −0.016% | $516K | $608K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0090 | +0.233% | $58.1M | $183.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0089 | +0.219% | $16.0M | $20.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0079 | +0.119% | $8.6M | $16.7M | 50x | as long as short |
| MEXC FIL_USDClong | +0.0100% | 8h | 1.0067 | long leg | $244K | $102K | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 1.0070 | +0.030% | $11.3M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0088 | +0.209% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0017 | −0.499% | $451K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0036 | −0.311% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9997 | −0.699% | $289K | $1.0M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0050 | −0.169% | $31K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0097 | +0.300% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | −0.268% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0042 | −0.248% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0052 | −0.149% | $628K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0040 | −0.268% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0088 | +0.210% | $711K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 1.0021 | −0.457% | $2.7M | $668K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0576% / S −0.0237% | 1h | 1.0088 | +0.204% | $269K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
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]