Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.031%
Price spread now: Lighter against edgeX+0.102%49s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.395% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.102%, 7d avg +0.012%
=Together, before fees−0.303%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$30 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 0.090% dearer against edgeX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX FILUSDC | 0.9983 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $45K | $294K | 10x |
| Short | Lighter FIL | 0.9993 | 0.0096 | get 0.0012% / 1h | 6m 33s | $148K | $385K | 5x |
edgeX FILUSDC
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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: +0.102% → +0.012%
- $9.01
- Slippage, 4 orders
- −$30.54
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$31.37
- Costs to cover
- 0.395%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 41 min ago; Lighter: live order book, 33 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 edgeX live order book, 41 min ago | 3.52 bp | 8.9 bp −$9 | 109.3 bp −$1,093 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 33 min ago | 5.98 bp | 13.0 bp −$13 | 25.0 bp −$250 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0001 | +0.182% | $357K | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0050% | 1h | 1.0012 | +0.293% | $172K | $23K | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0003 | +0.206% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0000 | +0.173% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.280% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0048% | 8h | 0.9995 | +0.122% | $18.2M | $110.4M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0063% | 8h | 0.9996 | +0.132% | $7.3M | $7.9M | 50x | as long as short |
| Lighter FILshort | +0.0096% | 1h | 0.9993 | +0.102% | $148K | $385K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9998 | +0.148% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0001 | +0.183% | $510K | $605K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9996 | +0.135% | $56.5M | $187.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9994 | +0.112% | $15.7M | $20.7M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9997 | +0.142% | $8.4M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9996 | +0.132% | $236K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9994 | +0.112% | $11.4M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9999 | +0.162% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9976 | −0.070% | $451K | $264K | — | as long as short |
| edgeX FILUSDClong | +0.0100% | 4h | 0.9983 | long leg | $45K | $294K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9979 | −0.034% | $289K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9990 | +0.072% | $29K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0017 | +0.344% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | +0.172% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0006 | +0.232% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0008 | +0.253% | $622K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0000 | +0.172% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9997 | +0.144% | $704K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9998 | +0.152% | $2.6M | $701K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0248% | 1h | 1.0009 | +0.267% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0604% / S −0.0280% | 1h | 1.0003 | +0.207% | $268K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
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
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]