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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.010%
Price spread now: Lighter against Bitget+0.022%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$490.487% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.022%, 7d avg +0.008%
Together, before fees−0.124%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FILUSDT0.99630.0100pay 0.0100% / 8h3h 25m$11.1M$20.2M75x
ShortLighter FIL0.99650.0096get 0.0012% / 1h25m 44s$153K$365K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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: +0.022% → +0.008%
$1.45
Slippage, 4 orders
−$36.67
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$48.06
Costs to cover
0.487%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 19 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 Bitget live order book, 3 min ago0.50 bp14.3 bp −$1418.7 bp −$18746.9 bp −$4,690doesn't fit
Sell Lighter live order book, 19 min ago7.86 bp9.3 bp −$923.9 bp −$239doesn'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
Deribit FIL_USDC-PERPETUAL−0.0652%1h0.9967+0.040%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0240%1h0.9995+0.321%$365K$2.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9964+0.012%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9965+0.021%$58K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0003%8h0.9966+0.030%$18.5M$106.0M50xas long as short
KuCoin FILUSDTM+0.0022%8h0.99630.000%$7.3M$7.7M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.084%$2K$240K12xas long as short
Kraken Futures PF_FILUSD+0.0067%1h0.9969+0.062%$1.4M$2.2M50xas long as short
Lighter FILshort+0.0096%1h0.9965+0.022%$153K$365K5x
Hyperliquid FIL+0.0100%1h0.9970+0.067%$8.4M$9.4M5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FILUSDT+0.0100%8h0.9969+0.065%$509K$611K20xas long as short
Binance FILUSDT+0.0100%8h0.9972+0.087%$57.3M$184.6M75xas long as short
Bybit FILUSDT+0.0100%8h0.9966+0.030%$15.8M$20.3M25xas long as short
Gate FIL_USDT+0.0100%8h0.9970+0.070%$8.4M$16.8M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9956−0.070%$240K$104K50xas long as short
Bitget FILUSDTlong+0.0100%8h0.9963long leg$11.1M$20.2M75x
BingX FIL-USDC+0.0100%8h0.9969+0.060%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9956−0.074%$450K$266Kas long as short
edgeX FILUSDC+0.0100%4h0.9993+0.297%$45K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9987+0.244%$290K$1.1M10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0030+0.672%$30K$182K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9972+0.088%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9960−0.030%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9962−0.010%$479$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9967+0.040%$619K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9960−0.030%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9957−0.057%$700K$3.2M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9971+0.080%$2.7M$702K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0582% / S −0.0251%1h0.9962−0.011%$266K100xas long as short