Settings8H · net · $10k
Funding arb · Price arb /

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.050%
Price spread now: Lighter against SunX+0.104%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2142.140% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.090%−$9 on $10k
Price spread, last 3 days (all we have)−0.166%−$17 · spread now +0.104%, 7d avg −0.022%
Together, before fees−0.256%+ Points / potential airdropLighter: Season 3 · farm board−$26 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 0.126% dearer against SunX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX FIL-USDT1.00000.0100pay 0.0100% / 8h7h 14m$3K$1.1M20x
ShortLighter FIL1.00100.0096get 0.0012% / 1h14m 19s$161K$349K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.104% → −0.022%
$12.63
Slippage, 4 orders
−$206
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$202.22
Costs to cover
2.140%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; Lighter: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago25.24 bp63.8 bp −$6495.1 bp −$951doesn't fitdoesn't fit
Sell Lighter live order book, 50 min ago6.30 bp10.3 bp −$1024.4 bp −$244doesn't fitdoesn't fit

FIL on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International FIL-PERP-INTX−0.0328%1h0.9993−0.070%$321K$1.8M50xas long as short
Kraken Futures PF_FILUSD−0.0327%1h1.0034+0.340%$1.4M$2.4M50xas long as short
OKX FIL-USDT-SWAP−0.0038%8h1.0012+0.120%$18.3M$98.2M50xas long as short
KuCoin FILUSDTM−0.0036%8h0.9989−0.110%$7.5M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h1.0021+0.208%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9990−0.097%$58K$2K10xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h1.0023+0.230%$173K$23K25xas long as short
Extended FIL-USD+0.0032%1h1.0015+0.153%$702K$3.3M10xas long as short
Binance FILUSDT+0.0033%8h1.0011+0.108%$57.9M$178.1M75xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.450%$2K$240K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0067%8h1.0009+0.090%$247K$105K50xas long as short
Bitget FILUSDT+0.0076%8h1.0016+0.160%$11.0M$21.2M75xas long as short
Lighter FILshort+0.0096%1h1.0010+0.104%$161K$349K5x
Hyperliquid FIL+0.0100%1h0.9996−0.041%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h1.0007+0.068%$510K$566K20xas long as short
Bybit FILUSDT+0.0100%8h1.0016+0.160%$15.7M$18.3M25xas long as short
Gate FIL_USDT+0.0100%8h1.0020+0.200%$8.3M$16.3M50xas long as short
BingX FIL-USDT+0.0100%8h1.0022+0.220%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9967−0.325%$449K$279Kas long as short
edgeX FILUSDC+0.0100%4h0.9946−0.543%$46K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9948−0.521%$296K$837K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9950−0.500%$30K$195K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0025+0.251%$5K10xas long as short
SunX FIL-USDTlong+0.0100%8h1.0000long leg$3K$1.1M20x
SoDEX FIL-USD+0.0100%1h1.0020+0.200%$495$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0020+0.200%$637K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h1.0010+0.100%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0126%8h0.9993−0.070%$2.7M$592K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0544% / S −0.0538%1h1.0019+0.193%$199K100xas long as short