Funding you earn now, next payment 00:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h +0.019%
Price spread now: gTrade (Gains Network) against Lighter+0.107%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.107% dearer against Lighter than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9854 | 0.0064 | pay 0.0008% / 1h | 42m 10s | $158K | $347K | 5x |
| Short | gTrade (Gains Network) FIL/USD | 0.9865 | L −0.0004% / S +0.0006% | pay 0.0001% / 1h | 42m 10s | $25K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$14.69
- Price spread: +0.107% → 0.000%
- $10.71
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$13.99
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 27 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 27 min ago | 5.50 bp | 16.6 bp −$17 | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.1066% | 1h | 0.9865 | +0.111% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0394% | 1h | 0.9865 | +0.108% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9860 | +0.060% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.009% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0008% | 8h | 0.9868 | +0.141% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USDshort | L −0.0004% / S +0.0006% | 1h | 0.9865 | +0.107% | $25K | — | 150x | |
| dYdX FIL-USD | 0.0000% | 1h | 0.9879 | +0.250% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0022% | 8h | 0.9865 | +0.111% | $18.1M | $98.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0030% | 8h | 0.9866 | +0.121% | $10.9M | $21.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0046% | 8h | 0.9867 | +0.131% | $15.4M | $18.3M | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USD | +0.0056% | 1h | 0.9857 | +0.031% | $689K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0057% | 8h | 0.9864 | +0.100% | $57.2M | $178.2M | 75x | as long as short |
| MEXC FIL_USDC | +0.0061% | 8h | 0.9852 | −0.021% | $250K | $103K | 50x | as long as short |
| Lighter FILlong | +0.0064% | 1h | 0.9854 | long leg | $158K | $347K | 5x | |
| BingX FIL-USDC | +0.0067% | 8h | 0.9866 | +0.121% | — | $6.5M | — | as long as short |
| Gate FIL_USDT | +0.0085% | 8h | 0.9865 | +0.111% | $7.9M | $16.2M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9870 | +0.165% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9871 | +0.170% | $498K | $529K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9898 | +0.448% | $441K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9892 | +0.388% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9892 | +0.382% | $289K | $807K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9890 | +0.364% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9870 | +0.160% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.060% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9859 | +0.050% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9872 | +0.182% | $630K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9880 | +0.263% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0179% | 8h | 0.9879 | +0.253% | $2.7M | $564K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0571% / S −0.0666% | 1h | 0.9865 | +0.110% | $196K | — | 100x | as long as short |
Lighter FIL
gTrade (Gains Network) FIL/USD
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
Bitget FILUSDT
Bybit FILUSDT
Extended FIL-USD
Binance FILUSDT
MEXC FIL_USDC
BingX FIL-USDC
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]