Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.052%
Price spread now: Lighter against edgeX+0.134%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 3 days (all we have)−0.300%−$30 · spread now +0.134%, 7d avg +0.022%
=Together, before fees−0.390%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$39 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 0.112% dearer against edgeX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX FILUSDC | 0.9919 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $45K | $293K | 10x |
| Short | Lighter FIL | 0.9933 | 0.0096 | get 0.0012% / 1h | 5m 18s | $159K | $349K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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: +0.134% → +0.022%
- $11.22
- Slippage, 4 orders
- −$31.86
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$30.48
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 13 min ago; Lighter: live order book, 4 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 edgeX live order book, 13 min ago | 3.53 bp | 8.5 bp −$9 | 87.2 bp −$872 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 5.50 bp | 7.2 bp −$7 | 22.1 bp −$221 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0690% | 1h | 0.9944 | +0.249% | $1.3M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0554% | 1h | 0.9947 | +0.279% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9946 | +0.269% | $323K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.649% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9943 | +0.241% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9940 | +0.209% | $58K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0011% | 8h | 0.9936 | +0.168% | $10.9M | $21.4M | 75x | as long as short |
| KuCoin FILUSDTM | +0.0013% | 8h | 0.9941 | +0.218% | $7.4M | $7.1M | 50x | as long as short |
| Bybit FILUSDT | +0.0035% | 8h | 0.9941 | +0.218% | $15.5M | $18.1M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0037% | 8h | 0.9939 | +0.198% | $18.2M | $98.6M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USD | +0.0072% | 1h | 0.9937 | +0.178% | $692K | $2.3M | 10x | as long as short |
| MEXC FIL_USDC | +0.0072% | 8h | 0.9930 | +0.108% | $252K | $105K | 50x | as long as short |
| Binance FILUSDT | +0.0075% | 8h | 0.9938 | +0.188% | $57.5M | $176.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0077% | 8h | 0.9939 | +0.198% | — | $11.9M | — | as long as short |
| Lighter FILshort | +0.0096% | 1h | 0.9933 | +0.134% | $159K | $349K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9939 | +0.198% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9941 | +0.221% | $499K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9942 | +0.229% | $7.9M | $16.3M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9931 | +0.119% | $442K | $277K | — | as long as short |
| edgeX FILUSDClong | +0.0100% | 4h | 0.9919 | long leg | $45K | $293K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9919 | −0.002% | $288K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9930 | +0.108% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9946 | +0.269% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9940 | +0.208% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9939 | +0.198% | $491 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9949 | +0.299% | $630K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9940 | +0.208% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0195% | 8h | 0.9941 | +0.218% | $2.7M | $661K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0709% | 1h | 0.9943 | +0.243% | $208K | — | 100x | as long as short |
edgeX FILUSDC
Lighter FIL
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
Bitget FILUSDT
KuCoin FILUSDTM
Bybit FILUSDT
OKX FIL-USDT-SWAP
Extended FIL-USD
MEXC FIL_USDC
Binance FILUSDT
BingX FIL-USDT
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
Variational Omni FIL
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]