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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0068%/8hpaid last 24h +0.048%
Price spread now: Aster against Lighter+0.052%7-day average +0.088% · you sell dearer than you buy
to open and close $10k−$40fees + slippage, both legs, in and out
costs, in % of the position0.397%what the two incomes have to cover
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.019%+$2 on $10k
Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.052%, 7d avg +0.088%
Together, before fees+0.021%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.036% cheaper against Lighter than usual: you would sell low and buy high (spread +0.052% now, against its 7-day average of +0.088%). If the spread goes back, that is −$4 on $10k: about 42 hours of funding at the current rate (+$2 a day). At the pace of the last 5 days (+0.019% in total) that is about 9.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter FIL0.96180.0032pay 0.0004% / 1h46m 08s$160K$349K5x
ShortAster FILUSDT0.96230.0100get 0.0100% / 8h4h 46m$476K$553K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
$14.28
Price spread: +0.052% → +0.088%
−$3.6
Slippage, 4 orders
−$31.71
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$29.03
Costs to cover
0.397%
Break-even
21.2 days
Slippage from Lighter: live order book, 45 min ago; Aster: live order book, 6 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 Lighter live order book, 45 min ago4.52 bp5.7 bp −$623.5 bp −$235doesn't fitdoesn't fit
Sell Aster live order book, 6 min ago5.21 bp17.2 bp −$1735.3 bp −$353doesn'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
Coinbase International FIL-PERP-INTX−0.0400%1h0.9622+0.044%$321K$2.0M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0165%1h0.9629+0.116%$166K$22K25xas long as short
Bybit FILUSDT−0.0138%8h0.9620+0.023%$15.6M$16.8M25xas long as short
Variational Omni FIL−0.0090%8h0.9604−0.140%$433K$261Kas long as short
Injective FIL/USDC PERP−0.0066%1h0.9583−0.362%$2K$71K12xas long as short
OKX FIL-USDT-SWAP−0.0013%8h0.9622+0.044%$17.7M$99.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9627+0.091%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.96180.000%$56K$2K10xas long as short
Lighter FILlong+0.0032%1h0.9618long leg$160K$349K5x
KuCoin FILUSDTM+0.0050%8h0.9622+0.044%$7.1M$7.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget FILUSDT+0.0050%8h0.9618+0.002%$10.8M$23.0M75xas long as short
Hyperliquid FIL+0.0100%1h0.9624+0.064%$8.5M$9.4M5xas long as short
Aster FILUSDTshort+0.0100%8h0.9623+0.052%$476K$553K20x
Binance FILUSDT+0.0100%8h0.9627+0.092%$54.8M$178.4M75xas long as short
Gate FIL_USDT+0.0100%8h0.9624+0.064%$7.7M$16.8M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9618+0.002%$246K$104K50xas long as short
BingX FIL-USDT+0.0100%8h0.9621+0.033%$11.6Mas long as short
edgeX FILUSDC+0.0100%4h0.9608−0.107%$44K$292K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9608−0.098%$278K$694K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9610−0.081%$43K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9633+0.160%$4K10xas long as short
SunX FIL-USDT+0.0100%8h0.9610−0.081%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9622+0.044%$462$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9628+0.106%$600K$5.5M75xas long as short
Phemex FILUSDT+0.0100%8h0.9620+0.023%$1.0M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9623+0.055%$671K$2.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9613−0.050%$2.6M$562K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0519% / S −0.0889%1h0.9627+0.099%$116K100xas long as short
Kraken Futures PF_FILUSD+0.0604%1h0.9635+0.178%$1.6M$2.2M50xas long as short