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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX FIL-USDT0.97950.0100pay 0.0100% / 8h2h 00m$620K$5.7M75x
ShortLighter FIL0.9785−0.0304pay 0.0038% / 1h0m 01s$156K$337K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 4 min ago3.57 bp14.0 bp −$1437.4 bp −$374doesn't fitdoesn't fit
Sell Lighter live order book, 14 min ago5.13 bp8.8 bp −$923.6 bp −$236doesn'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
Deribit FIL_USDC-PERPETUAL−0.1381%1h0.9796+0.010%$169K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0626%1h0.9792−0.034%$1.4M$2.2M50xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9856+0.623%$315K$1.9M50xas long as short
Lighter FILshort−0.0304%1h0.9785−0.100%$156K$337K5x
Bitget FILUSDT−0.0028%8h0.9781−0.143%$10.7M$21.4M75xas long as short
Bybit FILUSDT−0.0026%8h0.9788−0.071%$15.4M$17.9M25xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9793−0.021%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9792−0.027%$57K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0018%8h0.9785−0.102%$18.0M$95.5M50xas long as short
KuCoin FILUSDTM+0.0021%8h0.9785−0.102%$7.3M$7.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective FIL/USDC PERP+0.0033%1h0.9850+0.562%$2K$182K12xas long as short
Variational Omni FIL+0.0057%8h0.9790−0.049%$436K$277Kas long as short
MEXC FIL_USDC+0.0080%8h0.9781−0.143%$249K$106K50xas long as short
Binance FILUSDT+0.0086%8h0.9787−0.079%$56.2M$174.8M75xas long as short
Extended FIL-USD+0.0088%1h0.9785−0.102%$685K$2.3M10xas long as short
BingX FIL-USDC+0.0088%8h0.9778−0.174%$6.5Mas long as short
Hyperliquid FIL+0.0100%1h0.9789−0.064%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9791−0.038%$484K$514K20xas long as short
Gate FIL_USDT+0.0100%8h0.9786−0.092%$7.7M$16.4M50xas long as short
edgeX FILUSDC+0.0100%4h0.9793−0.023%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9772−0.231%$286K$801K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9780−0.153%$29K$198K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9800+0.050%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9790−0.051%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9789−0.061%$475$11K5xas long as short
HTX FIL-USDTlong+0.0100%8h0.9795long leg$620K$5.7M75x
Phemex FILUSDT+0.0100%8h0.9790−0.051%$1.0M$2.3M50xas long as short
BloFin FIL-USDT+0.0206%8h0.9786−0.092%$2.6M$643K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0613% / S −0.0742%1h0.9794−0.013%$212K100xas long as short