Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.030%
Price spread now: Bitget against Lighter+0.031%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.031%, 7d avg −0.007%
=Together, before fees+0.011%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.039% dearer against Lighter than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.007%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9852 | 0.0096 | pay 0.0012% / 1h | 26m 26s | $158K | $348K | 5x |
| Short | Bitget FILUSDT | 0.9855 | 0.0032 | get 0.0032% / 8h | 26m 26s | $10.9M | $21.6M | 75x |
Lighter FIL
Bitget FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$13.44
- Price spread: +0.031% → −0.007%
- $3.89
- Slippage, 4 orders
- −$31.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.56
- Costs to cover
- 0.430%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 43 min ago; Bitget: live order book, 2 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, 43 min ago | 5.50 bp | 16.6 bp −$17 | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.51 bp | 9.9 bp −$10 | 17.6 bp −$176 | 45.0 bp −$4,500 | 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 | −0.0661% | 1h | 0.9864 | +0.123% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0395% | 1h | 0.9860 | +0.079% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9859 | +0.072% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.031% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0015% | 8h | 0.9850 | −0.019% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9855 | +0.031% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9866 | +0.142% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0011% | 8h | 0.9846 | −0.060% | $18.1M | $98.8M | 50x | as long as short |
| Bitget FILUSDTshort | +0.0032% | 8h | 0.9855 | +0.031% | $10.9M | $21.6M | 75x | |
| Binance FILUSDT | +0.0047% | 8h | 0.9850 | −0.017% | $57.1M | $178.9M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USD | +0.0048% | 1h | 0.9853 | +0.011% | $689K | $2.3M | 10x | as long as short |
| Bybit FILUSDT | +0.0049% | 8h | 0.9851 | −0.009% | $15.4M | $18.3M | 25x | as long as short |
| MEXC FIL_USDC | +0.0050% | 8h | 0.9847 | −0.050% | $250K | $104K | 50x | as long as short |
| BingX FIL-USDT | +0.0051% | 8h | 0.9854 | +0.021% | — | $11.9M | — | as long as short |
| Gate FIL_USDT | +0.0086% | 8h | 0.9854 | +0.021% | $8.0M | $16.3M | 50x | as long as short |
| Lighter FILlong | +0.0096% | 1h | 0.9852 | long leg | $158K | $348K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9852 | 0.000% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9857 | +0.050% | $497K | $545K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9837 | −0.147% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9848 | −0.044% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9835 | −0.176% | $293K | $805K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9850 | −0.019% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9867 | +0.154% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.019% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9853 | +0.011% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9856 | +0.042% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.082% | $1.1M | $2.4M | 50x | as long as short |
| BloFin FIL-USDT | +0.0168% | 8h | 0.9853 | +0.011% | $2.7M | $570K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0571% / S −0.0666% | 1h | 0.9861 | +0.092% | $196K | — | 100x | as long as short |
Extended FIL-USD
Bybit FILUSDT
MEXC FIL_USDC
BingX FIL-USDT
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]