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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.050%
Price spread now: HTX against Lighter+0.124%7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$640.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.248%+$25 on $10k
Price spread, last 3 days (all we have)+0.288%+$29 · spread now +0.124%, 7d avg +0.185%
Together, before fees+0.536%+ Points / potential airdropLighter: Season 3 · farm board+$54 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.061% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.185%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter FIL0.99120.0096pay 0.0012% / 1h24m 12s$158K$347K5x
ShortHTX FIL-USDT0.99240.0100get 0.0100% / 8h7h 24m$633K$5.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0.84
Price spread: +0.124% → +0.185%
−$6.06
Slippage, 4 orders
−$52.29
Fee Lighter: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$69.51
Costs to cover
0.643%
Break-even
586.3 days
Slippage from Lighter: live order book, 40 min ago; HTX: live order book, 5 min ago.

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, 40 min ago6.30 bp16.0 bp −$1630.0 bp −$300doesn't fitdoesn't fit
Sell HTX live order book, 5 min ago3.54 bp22.0 bp −$2260.6 bp −$606doesn't fitdoesn't fit

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
Kraken Futures PF_FILUSD−0.0330%1h0.9920+0.084%$1.4M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9894−0.179%$316K$1.8M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0254%1h0.9923+0.114%$171K$23K25xas long as short
OKX FIL-USDT-SWAP−0.0041%8h0.9913+0.013%$18.0M$97.9M50xas long as short
KuCoin FILUSDTM−0.0038%8h0.9913+0.013%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9919+0.073%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9900−0.116%$58K$2K10xas long as short
Binance FILUSDT+0.0031%8h0.9912+0.001%$57.1M$177.5M75xas long as short
Extended FIL-USD+0.0032%1h0.9912+0.003%$691K$3.6M10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.572%$2K$240K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0063%8h0.9909−0.027%$245K$105K50xas long as short
Bitget FILUSDT+0.0068%8h0.9910−0.017%$10.9M$21.3M75xas long as short
Lighter FILlong+0.0096%1h0.9912long leg$158K$347K5x
Hyperliquid FIL+0.0100%1h0.9916+0.044%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9918+0.064%$505K$553K20xas long as short
Bybit FILUSDT+0.0100%8h0.9915+0.033%$15.4M$18.1M25xas long as short
Gate FIL_USDT+0.0100%8h0.9915+0.033%$8.2M$16.2M50xas long as short
BingX FIL-USDC+0.0100%8h0.9912+0.003%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9880−0.321%$445K$279Kas long as short
edgeX FILUSDC+0.0100%4h0.9864−0.477%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9864−0.484%$291K$823K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9870−0.421%$30K$195K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9923+0.115%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9910−0.017%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9914+0.023%$489$11K5xas long as short
HTX FIL-USDTshort+0.0100%8h0.9924+0.124%$633K$5.6M75x
Phemex FILUSDT+0.0100%8h0.9910−0.017%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0117%8h0.9895−0.168%$2.7M$586K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0540% / S −0.0538%1h0.9919+0.069%$197K100xas long as short