Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.056%
Price spread now: Lighter against Injective+1.267%7-day average −1.978% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +1.267%, 7d avg −1.978%
=Together, before fees+0.024%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 3.245% dearer against Injective than usual: you sell high and buy low: +$325 more if the spread goes back to its 7-day average of −1.978%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FIL/USDC PERP | 0.9855 | 0.0033 | pay 0.0004% / 1h | 17m 05s | $2K | $240K | 12x |
| Short | Lighter FIL | 0.9980 | 0.0096 | get 0.0012% / 1h | 17m 05s | $155K | $362K | 5x |
Injective FIL/USDC PERP
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: +1.267% → −1.978%
- $324.51
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $337.65
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 32 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 32 min ago | 6.79 bp | 11.7 bp −$12 | 23.9 bp −$239 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0250% | 1h | 0.9987 | +1.339% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 0.9979 | +1.258% | $367K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0050% | 8h | 0.9997 | +1.441% | $18.5M | $105.0M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0009% | 8h | 0.9986 | +1.329% | $7.3M | $7.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9986 | +1.324% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9975 | +1.215% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERPlong | +0.0033% | 1h | 0.9855 | long leg | $2K | $240K | 12x | |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 0.9991 | +1.377% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FILshort | +0.0096% | 1h | 0.9980 | +1.267% | $155K | $362K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9988 | +1.344% | $8.5M | $9.5M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Kraken Futures PF_FILUSD
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9982 | +1.293% | $514K | $606K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9999 | +1.461% | $57.5M | $183.1M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9995 | +1.421% | $15.8M | $20.1M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9987 | +1.339% | $8.4M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9994 | +1.410% | $242K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9995 | +1.421% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9987 | +1.339% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9974 | +1.204% | $449K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9972 | +1.186% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9973 | +1.197% | $290K | $984K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9970 | +1.167% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9991 | +1.379% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9980 | +1.268% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9984 | +1.309% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9983 | +1.299% | $625K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9980 | +1.268% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9996 | +1.434% | $708K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9967 | +1.136% | $2.7M | $664K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 0.9985 | +1.317% | $266K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]