Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.010%
Price spread now: Gate against Lighter+0.004%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.004%, 7d avg +0.019%
=Together, before fees−0.027%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9924 | 0.0096 | pay 0.0012% / 1h | 54m 56s | $147K | $355K | 5x |
| Short | Gate FIL_USDT | 0.9924 | 0.0100 | get 0.0100% / 8h | 1h 54m | $8.2M | $16.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0.84
- Price spread: +0.004% → +0.019%
- −$1.46
- Slippage, 4 orders
- −$38.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$54.25
- Costs to cover
- 0.536%
- Break-even
- 459.1 days
Slippage from Lighter: live order book, 45 min ago; Gate: live order book, 4 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 | 5.98 bp | 9.2 bp −$9 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.00 bp | 14.0 bp −$14 | 24.9 bp −$249 | 49.2 bp −$4,925 | 78.4 bp −$39.2K |
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 | −0.0756% | 1h | 0.9930 | +0.064% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0248% | 1h | 0.9940 | +0.165% | $355K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9937 | +0.135% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9944 | +0.202% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.691% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0046% | 8h | 0.9912 | −0.117% | $18.0M | $109.5M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0062% | 8h | 0.9926 | +0.024% | $7.3M | $7.9M | 50x | as long as short |
| Lighter FILlong | +0.0096% | 1h | 0.9924 | long leg | $147K | $355K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9932 | +0.084% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9927 | +0.030% | $507K | $606K | 20x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9918 | −0.056% | $56.0M | $187.9M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9915 | −0.087% | $15.6M | $20.6M | 25x | as long as short |
| Gate FIL_USDTshort | +0.0100% | 8h | 0.9924 | +0.004% | $8.2M | $16.6M | 50x | |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9923 | −0.006% | $234K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9923 | −0.006% | $11.3M | $20.2M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9918 | −0.056% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9941 | +0.173% | $450K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9965 | +0.415% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9943 | +0.196% | $289K | $1.3M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9950 | +0.266% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9940 | +0.163% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9930 | +0.064% | $2K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9925 | +0.014% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9936 | +0.125% | $615K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9930 | +0.064% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9923 | −0.009% | $701K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9945 | +0.216% | $2.7M | $698K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0246% | 1h | 0.9930 | +0.064% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0602% / S −0.0280% | 1h | 0.9934 | +0.102% | $266K | — | 100x | as long as short |
Lighter FIL
Gate FIL_USDT
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
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
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]