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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.040%
Price spread now: Lighter against Aster+0.030%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$570.565% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.082%−$8 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.030%, 7d avg −0.088%
Together, before fees−0.201%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$20 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 0.118% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FILUSDT1.00600.0100pay 0.0100% / 8h5h 11m$511K$586K20x
ShortLighter FIL1.00630.0096get 0.0012% / 1h11m 12s$159K$353K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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: +0.030% → −0.088%
$11.76
Slippage, 4 orders
−$48.53
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$45.61
Costs to cover
0.565%
Break-even
never at this rate
Slippage from Aster: live order book, 51 min ago; Lighter: live order book, 43 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 Aster live order book, 51 min ago10.02 bp14.0 bp −$1436.7 bp −$367doesn't fitdoesn't fit
Sell Lighter live order book, 43 min ago9.27 bp9.3 bp −$922.7 bp −$227doesn'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−0.0445%1h1.0069+0.089%$173K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0256%1h1.0098+0.378%$377K$2.2M50xas long as short
Kraken Futures PF_FILUSD−0.0126%1h1.0075+0.148%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0061%8h1.0067+0.070%$19.0M$102.2M50xas long as short
KuCoin FILUSDTM−0.0014%8h1.0056−0.040%$7.5M$7.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0003% / S +0.0006%1h1.0061+0.010%$27K150xas long as short
dYdX FIL-USD0.0000%1h1.0052−0.080%$59K$2K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−2.038%$2K$240K12xas long as short
Extended FIL-USD+0.0072%1h1.0059−0.006%$712K$3.3M10xas long as short
Binance FILUSDT+0.0075%8h1.0066+0.060%$58.7M$179.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0091%8h1.0055−0.050%$244K$105K50xas long as short
Lighter FILshort+0.0096%1h1.0063+0.030%$159K$353K5x
Hyperliquid FIL+0.0100%1h1.0058−0.020%$8.7M$9.5M5xas long as short
Aster FILUSDTlong+0.0100%8h1.0060long leg$511K$586K20x
Bybit FILUSDT+0.0100%8h1.0065+0.050%$15.9M$19.6M25xas long as short
Gate FIL_USDT+0.0100%8h1.00600.000%$8.6M$16.6M50xas long as short
Bitget FILUSDT+0.0100%8h1.0062+0.020%$11.3M$20.2M75xas long as short
BingX FIL-USDT+0.0100%8h1.0055−0.050%$11.8Mas long as short
Variational Omni FIL+0.0100%8h1.0088+0.274%$454K$265Kas long as short
edgeX FILUSDC+0.0100%4h1.0083+0.233%$46K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0073+0.133%$299K$905K10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0090+0.298%$30K$182K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0071+0.109%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h1.00600.000%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0063+0.030%$482$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0054−0.060%$630K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h1.00600.000%$1.1M$2.5M50xas long as short
BloFin FIL-USDT+0.0195%8h1.0050−0.099%$2.8M$649K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0575% / S −0.0237%1h1.0060−0.004%$269K100xas long as short