Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.013%
Price spread now: Lighter against Bitget−0.056%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$520.516% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.056%, 7d avg +0.008%
=Together, before fees−0.170%+ Points / potential airdropLighter: Season 3 · farm board−$17 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 0.064% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FILUSDT | 1.0020 | 0.0100 | pay 0.0100% / 8h | 4h 24m | $11.2M | $20.3M | 75x |
| Short | Lighter FIL | 1.0014 | 0.0096 | get 0.0012% / 1h | 24m 46s | $155K | $362K | 5x |
Bitget FILUSDT
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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: −0.056% → +0.008%
- −$6.38
- Slippage, 4 orders
- −$39.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$58.84
- Costs to cover
- 0.516%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Lighter: live order book, 25 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 Bitget live order book, 4 min ago | 1.00 bp | 12.1 bp −$12 | 19.5 bp −$195 | 43.1 bp −$4,308 | doesn't fit |
| Sell Lighter live order book, 25 min ago | 6.79 bp | 11.7 bp −$12 | 23.9 bp −$239 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0248% | 1h | 1.0030 | +0.100% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 1.0015 | −0.050% | $369K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0058% | 8h | 1.0020 | 0.000% | $18.6M | $105.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0013% | 8h | 1.0018 | −0.020% | $7.3M | $7.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0025 | +0.053% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0027 | +0.067% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.647% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 1.0028 | +0.080% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FILshort | +0.0096% | 1h | 1.0014 | −0.056% | $155K | $362K | 5x | |
| Extended FIL-USD | +0.0096% | 1h | 1.0015 | −0.047% | $711K | $3.3M | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0097% | 8h | 1.0017 | −0.030% | $243K | $104K | 50x | as long as short |
| Binance FILUSDT | +0.0099% | 8h | 1.0019 | −0.010% | $57.5M | $183.1M | 75x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0024 | +0.040% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0023 | +0.032% | $514K | $603K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0014 | −0.060% | $15.8M | $20.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0020 | 0.000% | $8.5M | $16.7M | 50x | as long as short |
| Bitget FILUSDTlong | +0.0100% | 8h | 1.0020 | long leg | $11.2M | $20.3M | 75x | |
| BingX FIL-USDT | +0.0100% | 8h | 1.0019 | −0.010% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0001 | −0.193% | $450K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0000 | −0.204% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9996 | −0.237% | $292K | $964K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0000 | −0.200% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0036 | +0.160% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0020 | 0.000% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0022 | +0.020% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0026 | +0.060% | $628K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | −0.100% | $1.2M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0217% | 8h | 1.0011 | −0.090% | $2.7M | $662K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0026 | +0.059% | $267K | — | 100x | as long as short |
MEXC FIL_USDC
Binance FILUSDT
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]