Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.052%
Price spread now: Lighter against Orderly−0.130%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.130% cheaper against Orderly than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FIL_USDC_mythos | 0.9956 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $5K | — | 10x |
| Short | Lighter FIL | 0.9943 | 0.0096 | get 0.0012% / 1h | 3m 35s | $159K | $349K | 5x |
Orderly PERP_FIL_USDC_mythos
Lighter FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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: −0.130% → 0.000%
- −$12.96
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$19.8
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 6 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 5.50 bp | 7.2 bp −$7 | 22.1 bp −$221 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0690% | 1h | 0.9948 | −0.080% | $1.3M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0453% | 1h | 0.9953 | −0.026% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9946 | −0.096% | $323K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −1.010% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9949 | −0.064% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9949 | −0.070% | $58K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0012% | 8h | 0.9946 | −0.096% | $10.9M | $21.4M | 75x | as long as short |
| KuCoin FILUSDTM | +0.0013% | 8h | 0.9949 | −0.066% | $7.5M | $7.1M | 50x | as long as short |
| Bybit FILUSDT | +0.0036% | 8h | 0.9947 | −0.086% | $15.5M | $18.1M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0037% | 8h | 0.9946 | −0.096% | $18.2M | $98.7M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bitget FILUSDT
KuCoin FILUSDTM
Bybit FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0071% | 8h | 0.9938 | −0.177% | $253K | $105K | 50x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 0.9945 | −0.107% | $692K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0074% | 8h | 0.9948 | −0.076% | $57.5M | $176.2M | 75x | as long as short |
| BingX FIL-USDT | +0.0076% | 8h | 0.9946 | −0.096% | — | $11.9M | — | as long as short |
| Lighter FILshort | +0.0096% | 1h | 0.9943 | −0.130% | $159K | $349K | 5x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9945 | −0.109% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9950 | −0.056% | $500K | $526K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9948 | −0.076% | $7.9M | $16.3M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9931 | −0.245% | $442K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9919 | −0.364% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9919 | −0.366% | $288K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9930 | −0.257% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythoslong | +0.0100% | 4h | 0.9956 | long leg | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9940 | −0.157% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9944 | −0.117% | $492 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9952 | −0.036% | $630K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9950 | −0.056% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0195% | 8h | 0.9941 | −0.147% | $2.7M | $661K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0709% | 1h | 0.9950 | −0.053% | $208K | — | 100x | as long as short |
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
BingX FIL-USDT
Hyperliquid FIL
Aster FILUSDT
Gate 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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]