Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h −0.029%
Price spread now: Lighter against Binance−0.063%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.063%, 7d avg −0.011%
=Together, before fees+0.188%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.051% cheaper against Binance than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.011%). If the spread goes back, that is −$5 on $10k: about 6.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 0.9899 | 0.0061 | pay 0.0061% / 8h | 45m 43s | $57.4M | $178.0M | 75x |
| Short | Lighter FIL | 0.9893 | 0.0088 | get 0.0011% / 1h | 45m 43s | $159K | $347K | 5x |
Binance FILUSDT
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $5.74
- Price spread: −0.063% → −0.011%
- −$5.12
- Slippage, 4 orders
- −$26.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$36.29
- Costs to cover
- 0.369%
- Break-even
- 51.3 days
Slippage from Binance: live order book, 13 min ago; Lighter: live order book, 24 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 Binance live order book, 13 min ago | 0.50 bp | 6.1 bp −$6 | 8.7 bp −$87 | 44.3 bp −$4,435 | doesn't fit |
| Sell Lighter live order book, 24 min ago | 5.50 bp | 7.2 bp −$7 | 22.1 bp −$221 | 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 | −0.0557% | 1h | 0.9911 | +0.121% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0393% | 1h | 0.9906 | +0.073% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9882 | −0.172% | $319K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.444% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0008% | 8h | 0.9899 | 0.000% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9906 | +0.073% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9899 | +0.003% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0025% | 8h | 0.9897 | −0.020% | $18.2M | $98.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0028% | 8h | 0.9895 | −0.040% | $10.9M | $21.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0047% | 8h | 0.9901 | +0.020% | $15.4M | $18.3M | 25x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Bitget FILUSDT
Bybit FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDTlong | +0.0061% | 8h | 0.9899 | long leg | $57.4M | $178.0M | 75x | |
| MEXC FIL_USDC | +0.0062% | 8h | 0.9890 | −0.091% | $251K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0064% | 1h | 0.9896 | −0.030% | $693K | $2.3M | 10x | as long as short |
| BingX FIL-USDT | +0.0065% | 8h | 0.9898 | −0.010% | — | $11.9M | — | as long as short |
| Lighter FILshort | +0.0088% | 1h | 0.9893 | −0.063% | $159K | $347K | 5x | |
| Gate FIL_USDT | +0.0090% | 8h | 0.9897 | −0.020% | $7.9M | $16.2M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9901 | +0.021% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9903 | +0.036% | $499K | $529K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9911 | +0.124% | $441K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9890 | −0.092% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9884 | −0.153% | $288K | $807K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9910 | +0.111% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9912 | +0.132% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9890 | −0.091% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9899 | 0.000% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9896 | −0.030% | $632K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | +0.212% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0181% | 8h | 0.9881 | −0.182% | $2.7M | $560K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0572% / S −0.0666% | 1h | 0.9907 | +0.082% | $197K | — | 100x | as long as short |
MEXC FIL_USDC
Extended FIL-USD
BingX FIL-USDT
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]