Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.016%
Price spread now: Bitget against Lighter+0.017%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.348%+$35 · spread now +0.017%, 7d avg −0.009%
=Together, before fees+0.401%+ Points / potential airdropLighter: Season 3 · farm board+$40 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: Bitget is 0.026% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9886 | 0.0096 | pay 0.0012% / 1h | 31m 36s | $144K | $345K | 5x |
| Short | Bitget FILUSDT | 0.9888 | 0.0100 | get 0.0100% / 8h | 7h 31m | $11.2M | $19.4M | 75x |
Lighter FIL
Bitget FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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: +0.017% → −0.009%
- $2.62
- Slippage, 4 orders
- −$35.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.34
- Costs to cover
- 0.478%
- Break-even
- 376.5 days
Slippage from Lighter: live order book, 58 min ago; Bitget: live order book, 2 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 Lighter live order book, 58 min ago | 6.91 bp | 18.1 bp −$18 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.51 bp | 10.8 bp −$11 | 12.3 bp −$123 | 33.6 bp −$3,365 | 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 | −0.0154% | 1h | 0.9889 | +0.027% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9870 | −0.165% | $351K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9879 | −0.079% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9888 | +0.012% | $57K | $596 | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.317% | $2K | $240K | 12x | as long as short |
| Bybit FILUSDT | +0.0071% | 8h | 0.9889 | +0.027% | $15.3M | $20.3M | 25x | as long as short |
| KuCoin FILUSDTM | +0.0087% | 8h | 0.9888 | +0.017% | $7.0M | $7.9M | 50x | as long as short |
| Lighter FILlong | +0.0096% | 1h | 0.9886 | long leg | $144K | $345K | 5x | |
| Kraken Futures PF_FILUSD | +0.0098% | 1h | 0.9888 | +0.021% | $1.4M | $2.1M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9894 | +0.075% | $8.3M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Bybit FILUSDT
KuCoin FILUSDTM
Kraken Futures PF_FILUSD
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9893 | +0.069% | $504K | $552K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9890 | +0.042% | $56.2M | $183.0M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9889 | +0.027% | $17.7M | $105.6M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9886 | −0.003% | $8.4M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9886 | −0.003% | $229K | $99K | 50x | as long as short |
| Bitget FILUSDTshort | +0.0100% | 8h | 0.9888 | +0.017% | $11.2M | $19.4M | 75x | |
| BingX FIL-USDT | +0.0100% | 8h | 0.9889 | +0.027% | — | $11.7M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9901 | +0.147% | $441K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9905 | +0.184% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9904 | +0.178% | $297K | $1.5M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | +0.341% | $23K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9889 | +0.025% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9880 | −0.064% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9884 | −0.023% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9886 | −0.003% | $620K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9880 | −0.064% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9887 | +0.007% | $697K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9875 | −0.114% | $2.6M | $646K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9878 | −0.083% | $264K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDT
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
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]