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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9618 | 0.0032 | pay 0.0004% / 1h | 46m 08s | $160K | $349K | 5x |
| Short | Aster FILUSDT | 0.9623 | 0.0100 | get 0.0100% / 8h | 4h 46m | $476K | $553K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 45 min ago | 4.52 bp | 5.7 bp −$6 | 23.5 bp −$235 | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 5.21 bp | 17.2 bp −$17 | 35.3 bp −$353 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0400% | 1h | 0.9622 | +0.044% | $321K | $2.0M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0165% | 1h | 0.9629 | +0.116% | $166K | $22K | 25x | as long as short |
| Bybit FILUSDT | −0.0138% | 8h | 0.9620 | +0.023% | $15.6M | $16.8M | 25x | as long as short |
| Variational Omni FIL | −0.0090% | 8h | 0.9604 | −0.140% | $433K | $261K | — | as long as short |
| Injective FIL/USDC PERP | −0.0066% | 1h | 0.9583 | −0.362% | $2K | $71K | 12x | as long as short |
| OKX FIL-USDT-SWAP | −0.0013% | 8h | 0.9622 | +0.044% | $17.7M | $99.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9627 | +0.091% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9618 | 0.000% | $56K | $2K | 10x | as long as short |
| Lighter FILlong | +0.0032% | 1h | 0.9618 | long leg | $160K | $349K | 5x | |
| KuCoin FILUSDTM | +0.0050% | 8h | 0.9622 | +0.044% | $7.1M | $7.4M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FILUSDT | +0.0050% | 8h | 0.9618 | +0.002% | $10.8M | $23.0M | 75x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9624 | +0.064% | $8.5M | $9.4M | 5x | as long as short |
| Aster FILUSDTshort | +0.0100% | 8h | 0.9623 | +0.052% | $476K | $553K | 20x | |
| Binance FILUSDT | +0.0100% | 8h | 0.9627 | +0.092% | $54.8M | $178.4M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9624 | +0.064% | $7.7M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9618 | +0.002% | $246K | $104K | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9621 | +0.033% | — | $11.6M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9608 | −0.107% | $44K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9608 | −0.098% | $278K | $694K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9610 | −0.081% | $43K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9633 | +0.160% | $4K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9610 | −0.081% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9622 | +0.044% | $462 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9628 | +0.106% | $600K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9620 | +0.023% | $1.0M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9623 | +0.055% | $671K | $2.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9613 | −0.050% | $2.6M | $562K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0519% / S −0.0889% | 1h | 0.9627 | +0.099% | $116K | — | 100x | as long as short |
| Kraken Futures PF_FILUSD | +0.0604% | 1h | 0.9635 | +0.178% | $1.6M | $2.2M | 50x | as long as short |
Lighter FIL
Aster FILUSDT
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
Bybit FILUSDT
Variational Omni FIL
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
KuCoin FILUSDTM
Bitget FILUSDT
Hyperliquid FIL
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]
Kraken Futures PF_FILUSD