FIL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h −0.009%

Price spread now: Lighter against gTrade (Gains Network)−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.030% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) FIL/USD	1.0037	L −0.0003% / S +0.0006%	get 0.0000% / 1h	26m 09s	$27K	—	150x
Short	Lighter FIL	1.0034	0.0096	get 0.0012% / 1h	26m 09s	$159K	$353K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now −0.030%Rate

Funding earned: $20.89
Price spread: −0.030% → 0.000%: −$2.99
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $7.9
Costs to cover: 0.100%
Break-even: 4.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 28 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 28 min ago	9.27 bp	9.3 bp −$9	22.7 bp −$227	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Coinbase International FIL-PERP-INTX	−0.0256%	1h	1.0025	−0.119%	$379K	$2.1M	50x	as long as short
Kraken Futures PF_FILUSD	−0.0127%	1h	1.0044	+0.067%	$1.4M	$2.3M	50x	as long as short
OKX FIL-USDT-SWAP	−0.0064%	8h	1.0038	+0.011%	$18.9M	$101.1M	50x	as long as short
KuCoin FILUSDTM	−0.0029%	8h	1.0041	+0.041%	$7.4M	$7.2M	50x	as long as short
gTrade (Gains Network) FIL/USDlong	L −0.0003% / S +0.0006%	1h	1.0037	long leg	$27K	—	150x
dYdX FIL-USD	0.0000%	1h	1.0036	−0.005%	$59K	$2K	10x	as long as short
Deribit FIL_USDC-PERPETUAL	0.0000%	1h	1.0043	+0.061%	$173K	$23K	25x	as long as short
Injective FIL/USDC PERP	+0.0033%	1h	0.9855	−1.812%	$2K	$240K	12x	as long as short
Binance FILUSDT	+0.0063%	8h	1.0039	+0.021%	$58.5M	$178.4M	75x	as long as short
Extended FIL-USD	+0.0064%	1h	1.0030	−0.067%	$708K	$3.3M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC FIL_USDC	+0.0083%	8h	1.0030	−0.069%	$243K	$104K	50x	as long as short
Lighter FILshort	+0.0096%	1h	1.0034	−0.030%	$159K	$353K	5x
Hyperliquid FIL	+0.0100%	1h	1.0039	+0.021%	$8.6M	$9.4M	5x	as long as short
Aster FILUSDT	+0.0100%	8h	1.0040	+0.031%	$510K	$578K	20x	as long as short
Bybit FILUSDT	+0.0100%	8h	1.0039	+0.021%	$15.8M	$19.4M	25x	as long as short
Gate FIL_USDT	+0.0100%	8h	1.0036	−0.009%	$8.5M	$16.5M	50x	as long as short
Bitget FILUSDT	+0.0100%	8h	1.0036	−0.009%	$11.0M	$19.8M	75x	as long as short
BingX FIL-USDC	+0.0100%	8h	1.0035	−0.019%	—	$6.5M	—	as long as short
Variational Omni FIL	+0.0100%	8h	1.0058	+0.215%	$453K	$265K	—	as long as short
edgeX FILUSDC	+0.0100%	4h	1.0046	+0.086%	$46K	$294K	10x	as long as short
GRVT FIL_USDT_Perp	+0.0100%	8h	1.0044	+0.074%	$292K	$880K	10x	as long as short
ApeX Omni FILUSDT	+0.0100%	1h	1.0070	+0.330%	$30K	$183K	50x	as long as short
Orderly PERP_FIL_USDC_mythos	+0.0100%	4h	1.0045	+0.084%	$5K	—	10x	as long as short
SunX FIL-USDT	+0.0100%	8h	1.0030	−0.069%	$3K	$1.1M	20x	as long as short
SoDEX FIL-USD	+0.0100%	1h	1.0038	+0.011%	$486	$11K	5x	as long as short
HTX FIL-USDT	+0.0100%	8h	1.0033	−0.039%	$631K	$5.8M	75x	as long as short
Phemex FILUSDT	+0.0100%	8h	1.0040	+0.031%	$1.1M	$2.5M	50x	as long as short
BloFin FIL-USDT	+0.0182%	8h	1.0030	−0.069%	$2.7M	$637K	75x	as long as short
GMX FIL/USD [WBTC.b-USDC]	L +0.0575% / S −0.0237%	1h	1.0035	−0.015%	$268K	—	100x	as long as short