Funding you earn now, next payment 02:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h −0.019%
Price spread now: Lighter against Extended+0.078%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.035%+$4 · spread now +0.078%, 7d avg +0.026%
=Together, before fees+0.083%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.052% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FIL-USD | 1.0030 | 0.0040 | pay 0.0005% / 1h | 19m 40s | $706K | $3.3M | 10x |
| Short | Lighter FIL | 1.0038 | 0.0096 | get 0.0012% / 1h | 19m 40s | $161K | $352K | 5x |
Extended FIL-USD
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $11.76
- Price spread: +0.078% → +0.026%
- $5.23
- Slippage, 4 orders
- −$40.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$28.64
- Costs to cover
- 0.456%
- Break-even
- 24.0 days
Slippage from Extended: live order book, 4 min ago; Lighter: live order book, 40 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 Extended live order book, 4 min ago | 2.14 bp | 7.9 bp −$8 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 40 min ago | 8.44 bp | 8.5 bp −$8 | 24.6 bp −$246 | doesn't fit | doesn't fit |
FIL on 28 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 | −0.0547% | 1h | 1.0028 | −0.023% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 1.0024 | −0.062% | $380K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0191% | 1h | 1.0030 | −0.005% | $1.4M | $2.4M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0055% | 8h | 1.0033 | +0.027% | $18.8M | $100.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 1.0036 | +0.057% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0031 | +0.010% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0031 | +0.008% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.747% | $2K | $240K | 12x | as long as short |
| Extended FIL-USDlong | +0.0040% | 1h | 1.0030 | long leg | $706K | $3.3M | 10x | |
| Binance FILUSDT | +0.0040% | 8h | 1.0031 | +0.012% | $58.0M | $180.0M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Binance FILUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0080% | 8h | 1.0031 | +0.007% | $246K | $105K | 50x | as long as short |
| Gate FIL_USDT | +0.0089% | 8h | 1.0035 | +0.047% | $8.5M | $16.4M | 50x | as long as short |
| Lighter FILshort | +0.0096% | 1h | 1.0038 | +0.078% | $161K | $352K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 1.0040 | +0.097% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0040 | +0.095% | $514K | $582K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0029 | −0.013% | $15.9M | $19.1M | 25x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0029 | −0.013% | $11.1M | $21.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0030 | −0.003% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0039 | +0.084% | $452K | $269K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0044 | +0.134% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0020 | −0.106% | $292K | $872K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0020 | −0.102% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0036 | +0.054% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0020 | −0.102% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0022 | −0.082% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0026 | −0.043% | $650K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0020 | −0.102% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0030 | −0.001% | $268K | — | 100x | as long as short |
MEXC FIL_USDC
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
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
GMX FIL/USD [WBTC.b-USDC]