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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter FIL0.98540.0064pay 0.0008% / 1h42m 10s$158K$347K5x
ShortgTrade (Gains Network) FIL/USD0.9865L −0.0004% / S +0.0006%pay 0.0001% / 1h42m 10s$25K150x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 27 min ago5.50 bp16.6 bp −$1728.3 bp −$283doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FIL_USDC-PERPETUAL−0.1066%1h0.9865+0.111%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0394%1h0.9865+0.108%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0352%1h0.9860+0.060%$316K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0245%1h0.9855+0.009%$2K$240K12xas long as short
KuCoin FILUSDTM−0.0008%8h0.9868+0.141%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDshortL −0.0004% / S +0.0006%1h0.9865+0.107%$25K150x
dYdX FIL-USD0.0000%1h0.9879+0.250%$58K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0022%8h0.9865+0.111%$18.1M$98.5M50xas long as short
Bitget FILUSDT+0.0030%8h0.9866+0.121%$10.9M$21.6M75xas long as short
Bybit FILUSDT+0.0046%8h0.9867+0.131%$15.4M$18.3M25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FIL-USD+0.0056%1h0.9857+0.031%$689K$2.3M10xas long as short
Binance FILUSDT+0.0057%8h0.9864+0.100%$57.2M$178.2M75xas long as short
MEXC FIL_USDC+0.0061%8h0.9852−0.021%$250K$103K50xas long as short
Lighter FILlong+0.0064%1h0.9854long leg$158K$347K5x
BingX FIL-USDC+0.0067%8h0.9866+0.121%$6.5Mas long as short
Gate FIL_USDT+0.0085%8h0.9865+0.111%$7.9M$16.2M50xas long as short
Hyperliquid FIL+0.0100%1h0.9870+0.165%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9871+0.170%$498K$529K20xas long as short
Variational Omni FIL+0.0100%8h0.9898+0.448%$441K$277Kas long as short
edgeX FILUSDC+0.0100%4h0.9892+0.388%$45K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9892+0.382%$289K$807K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9890+0.364%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9870+0.160%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9860+0.060%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9859+0.050%$485$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9872+0.182%$630K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9880+0.263%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0179%8h0.9879+0.253%$2.7M$564K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0571% / S −0.0666%1h0.9865+0.110%$196K100xas long as short