Funding you earn now, next payment 22:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.048%
Price spread now: Lighter against HTX−0.100%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$430.425% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 3 days (all we have)−0.332%−$33 · spread now −0.100%, 7d avg −0.187%
=Together, before fees−0.575%+ Points / potential airdropLighter: Season 3 · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.087% dearer against HTX than usual: you sell high and buy low (spread −0.100% now, against its 7-day average of −0.187%): +$9 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.243% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.243% in total (about -12.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX FIL-USDT | 0.9795 | 0.0100 | pay 0.0100% / 8h | 2h 00m | $620K | $5.7M | 75x |
| Short | Lighter FIL | 0.9785 | −0.0304 | pay 0.0038% / 1h | 0m 01s | $156K | $337K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- −$84.84
- Price spread: −0.100% → −0.187%
- $8.73
- Slippage, 4 orders
- −$30.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$118.61
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from HTX: live order book, 4 min ago; Lighter: live order book, 14 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 HTX live order book, 4 min ago | 3.57 bp | 14.0 bp −$14 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 14 min ago | 5.13 bp | 8.8 bp −$9 | 23.6 bp −$236 | 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 | −0.1381% | 1h | 0.9796 | +0.010% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0626% | 1h | 0.9792 | −0.034% | $1.4M | $2.2M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9856 | +0.623% | $315K | $1.9M | 50x | as long as short |
| Lighter FILshort | −0.0304% | 1h | 0.9785 | −0.100% | $156K | $337K | 5x | |
| Bitget FILUSDT | −0.0028% | 8h | 0.9781 | −0.143% | $10.7M | $21.4M | 75x | as long as short |
| Bybit FILUSDT | −0.0026% | 8h | 0.9788 | −0.071% | $15.4M | $17.9M | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9793 | −0.021% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9792 | −0.027% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0018% | 8h | 0.9785 | −0.102% | $18.0M | $95.5M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0021% | 8h | 0.9785 | −0.102% | $7.3M | $7.0M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9850 | +0.562% | $2K | $182K | 12x | as long as short |
| Variational Omni FIL | +0.0057% | 8h | 0.9790 | −0.049% | $436K | $277K | — | as long as short |
| MEXC FIL_USDC | +0.0080% | 8h | 0.9781 | −0.143% | $249K | $106K | 50x | as long as short |
| Binance FILUSDT | +0.0086% | 8h | 0.9787 | −0.079% | $56.2M | $174.8M | 75x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9785 | −0.102% | $685K | $2.3M | 10x | as long as short |
| BingX FIL-USDC | +0.0088% | 8h | 0.9778 | −0.174% | — | $6.5M | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9789 | −0.064% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9791 | −0.038% | $484K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9786 | −0.092% | $7.7M | $16.4M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9793 | −0.023% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9772 | −0.231% | $286K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9780 | −0.153% | $29K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9800 | +0.050% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9790 | −0.051% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9789 | −0.061% | $475 | $11K | 5x | as long as short |
| HTX FIL-USDTlong | +0.0100% | 8h | 0.9795 | long leg | $620K | $5.7M | 75x | |
| Phemex FILUSDT | +0.0100% | 8h | 0.9790 | −0.051% | $1.0M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0206% | 8h | 0.9786 | −0.092% | $2.6M | $643K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0613% / S −0.0742% | 1h | 0.9794 | −0.013% | $212K | — | 100x | as long as short |
HTX FIL-USDT
Lighter FIL
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Bitget FILUSDT
Bybit FILUSDT
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Variational Omni FIL
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDC
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]