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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX FILUSDC0.99190.0100pay 0.0050% / 4h1h 05m$45K$293K10x
ShortLighter FIL0.99330.0096get 0.0012% / 1h5m 18s$159K$349K5x

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 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: +0.134% → +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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 13 min ago3.53 bp8.5 bp −$987.2 bp −$872doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago5.50 bp7.2 bp −$722.1 bp −$221doesn'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
Kraken Futures PF_FILUSD−0.0690%1h0.9944+0.249%$1.3M$2.3M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0554%1h0.9947+0.279%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9946+0.269%$323K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0252%1h0.9855−0.649%$2K$240K12xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9943+0.241%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9940+0.209%$58K$2K10xas long as short
Bitget FILUSDT+0.0011%8h0.9936+0.168%$10.9M$21.4M75xas long as short
KuCoin FILUSDTM+0.0013%8h0.9941+0.218%$7.4M$7.1M50xas long as short
Bybit FILUSDT+0.0035%8h0.9941+0.218%$15.5M$18.1M25xas long as short
OKX FIL-USDT-SWAP+0.0037%8h0.9939+0.198%$18.2M$98.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FIL-USD+0.0072%1h0.9937+0.178%$692K$2.3M10xas long as short
MEXC FIL_USDC+0.0072%8h0.9930+0.108%$252K$105K50xas long as short
Binance FILUSDT+0.0075%8h0.9938+0.188%$57.5M$176.4M75xas long as short
BingX FIL-USDT+0.0077%8h0.9939+0.198%$11.9Mas long as short
Lighter FILshort+0.0096%1h0.9933+0.134%$159K$349K5x
Hyperliquid FIL+0.0100%1h0.9939+0.198%$8.7M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9941+0.221%$499K$525K20xas long as short
Gate FIL_USDT+0.0100%8h0.9942+0.229%$7.9M$16.3M50xas long as short
Variational Omni FIL+0.0100%8h0.9931+0.119%$442K$277Kas long as short
edgeX FILUSDClong+0.0100%4h0.9919long leg$45K$293K10x
GRVT FIL_USDT_Perp+0.0100%8h0.9919−0.002%$288K$790K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9930+0.108%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9946+0.269%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9940+0.208%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9939+0.198%$491$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9949+0.299%$630K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9940+0.208%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0195%8h0.9941+0.218%$2.7M$661K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0601% / S −0.0709%1h0.9943+0.243%$208K100xas long as short