Funding you earn now, next payment 21:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.045%
Price spread now: SunX against Lighter−0.022%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2032.034% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 3 days (all we have)+0.007%+$1 · spread now −0.022%, 7d avg +0.023%
=Together, before fees+0.089%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.045% cheaper against Lighter than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.023%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.081% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9762 | −0.0056 | get 0.0007% / 1h | 32m 25s | $156K | $359K | 5x |
| Short | SunX FIL-USDT | 0.9760 | 0.0100 | get 0.0100% / 8h | 3h 32m | $2K | $1.1M | 20x |
Lighter FIL
SunX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $32.76
- Price spread: −0.022% → +0.023%
- −$4.49
- Slippage, 4 orders
- −$195.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$175.11
- Costs to cover
- 2.034%
- Break-even
- 44.4 days
Slippage from Lighter: live order book, 11 min ago; SunX: live order book, 1 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, 11 min ago | 8.48 bp | 10.0 bp −$10 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 25.60 bp | 116.0 bp −$116 | 424.3 bp −$4,243 | doesn't fit | 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 | −0.0773% | 1h | 0.9764 | +0.019% | $168K | $22K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9759 | −0.032% | $324K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0196% | 1h | 0.9658 | −1.066% | $2K | $118K | 12x | as long as short |
| Bybit FILUSDT | −0.0162% | 8h | 0.9766 | +0.040% | $15.8M | $16.9M | 25x | as long as short |
| Variational Omni FIL | −0.0114% | 8h | 0.9744 | −0.189% | $428K | $271K | — | as long as short |
| Lighter FILlong | −0.0056% | 1h | 0.9762 | long leg | $156K | $359K | 5x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9768 | +0.059% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9778 | +0.160% | $57K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0005% | 8h | 0.9758 | −0.042% | $10.7M | $22.7M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0040% | 8h | 0.9770 | +0.081% | $17.9M | $98.8M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bybit FILUSDT
Variational Omni FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bitget FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FILUSDTM | +0.0067% | 8h | 0.9766 | +0.040% | $7.3M | $7.3M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9762 | +0.001% | $8.6M | $9.3M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9771 | +0.096% | $484K | $554K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9760 | −0.019% | $55.8M | $178.9M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9764 | +0.019% | $7.8M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9766 | +0.040% | $249K | $104K | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9763 | +0.009% | — | $11.8M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9742 | −0.203% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9748 | −0.149% | $282K | $772K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9750 | −0.124% | $42K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9771 | +0.088% | $5K | — | 10x | as long as short |
| SunX FIL-USDTshort | +0.0100% | 8h | 0.9760 | −0.022% | $2K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9755 | −0.073% | $469 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9772 | +0.101% | $620K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9770 | +0.081% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9765 | +0.028% | $682K | $2.4M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0136% | 1h | 0.9762 | 0.000% | $1.4M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9754 | −0.083% | $2.6M | $587K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0603% / S −0.0671% | 1h | 0.9767 | +0.046% | $171K | — | 100x | as long as short |
KuCoin FILUSDTM
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]