Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.030%
Price spread now: Lighter against SunX−0.037%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2192.191% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.037%, 7d avg −0.013%
=Together, before fees−0.128%+ Points / potential airdropLighter: Season 3 · farm board−$13 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 0.024% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX FIL-USDT | 0.9840 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $2K | $975K | 20x |
| Short | Lighter FIL | 0.9836 | 0.0096 | get 0.0012% / 1h | 6m 18s | $151K | $258K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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: −0.037% → −0.013%
- −$2.36
- Slippage, 4 orders
- −$211.09
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$222.29
- Costs to cover
- 2.191%
- Break-even
- never at this rate
Slippage from SunX: live order book, 40 min ago; Lighter: live order book, 30 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 SunX live order book, 40 min ago | 25.50 bp | 68.5 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 30 min ago | 4.85 bp | 8.1 bp −$8 | 22.6 bp −$226 | doesn't fit | doesn't fit |
FIL on 29 exchanges
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 | −0.0200% | 1h | 0.9859 | +0.193% | $323K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9853 | +0.132% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9840 | −0.002% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 0.9853 | +0.132% | $169K | $7K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.152% | $2K | $240K | 12x | as long as short |
| Bybit FILUSDT | +0.0034% | 8h | 0.9843 | +0.030% | $15.2M | $17.8M | 25x | as long as short |
| Lighter FILshort | +0.0096% | 1h | 0.9836 | −0.037% | $151K | $258K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9852 | +0.125% | $7.9M | $3.0M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9849 | +0.096% | $502K | $276K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9850 | +0.102% | $56.9M | $153.1M | 75x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9846 | +0.061% | $17.1M | $89.9M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9850 | +0.102% | $8.2M | $14.4M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9837 | −0.030% | $226K | $92K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9847 | +0.071% | $7.2M | $7.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9843 | +0.030% | $11.0M | $17.1M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9847 | +0.071% | — | $4.7M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9816 | −0.244% | $443K | $220K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9844 | +0.036% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9850 | +0.097% | $296K | $1.9M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9840 | 0.000% | $23K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9859 | +0.196% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDTlong | +0.0100% | 8h | 0.9840 | long leg | $2K | $975K | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9838 | −0.020% | $471 | $8K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9845 | +0.051% | $625K | $4.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9830 | −0.102% | $1.3M | $2.4M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9838 | −0.024% | $693K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9854 | +0.142% | $2.7M | $655K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0288% | 1h | 0.9843 | +0.028% | $1.3M | $2.0M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0596% / S −0.0280% | 1h | 0.9850 | +0.106% | $263K | — | 100x | as long as short |
SunX FIL-USDT
Lighter FIL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Bybit FILUSDT
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]