Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h −0.029%
Price spread now: Binance against ApeX Omni−0.040%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 3 days (all we have)−0.115%−$11 · spread now −0.040%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.022% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni FILUSDT | 0.9990 | 0.0100 | pay 0.0013% / 1h | 13m 01s | $30K | $195K | 50x |
| Short | Binance FILUSDT | 0.9986 | 0.0033 | get 0.0033% / 8h | 7h 13m | $57.8M | $178.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. 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
- −$14.14
- Price spread: −0.040% → −0.018%
- −$2.19
- Slippage, 4 orders
- −$45.15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.49
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 58 min ago; Binance: live order book, 15 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 ApeX Omni live order book, 58 min ago | 10.16 bp | 19.8 bp −$20 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.51 bp | 7.3 bp −$7 | 16.7 bp −$167 | 54.9 bp −$5,494 | 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 | −0.0450% | 1h | 0.9991 | +0.010% | $172K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0328% | 1h | 0.9979 | −0.112% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9979 | −0.110% | $339K | $1.9M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0038% | 8h | 0.9987 | −0.030% | $18.3M | $98.0M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0035% | 8h | 0.9987 | −0.030% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9989 | −0.010% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9990 | +0.002% | $58K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9984 | −0.062% | $702K | $3.3M | 10x | as long as short |
| Binance FILUSDTshort | +0.0033% | 8h | 0.9986 | −0.040% | $57.8M | $178.4M | 75x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.351% | $2K | $240K | 12x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0068% | 8h | 0.9975 | −0.150% | $247K | $106K | 50x | as long as short |
| Bitget FILUSDT | +0.0077% | 8h | 0.9984 | −0.060% | $10.9M | $21.2M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9972 | −0.183% | $160K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9984 | −0.062% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9983 | −0.069% | $510K | $566K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9991 | +0.010% | $15.7M | $18.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9984 | −0.060% | $8.3M | $16.3M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9984 | −0.060% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9967 | −0.226% | $449K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9983 | −0.067% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9984 | −0.060% | $297K | $837K | 10x | as long as short |
| ApeX Omni FILUSDTlong | +0.0100% | 1h | 0.9990 | long leg | $30K | $195K | 50x | |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9997 | +0.071% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | −0.200% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9973 | −0.170% | $500 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9983 | −0.070% | $635K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9980 | −0.100% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0131% | 8h | 0.9977 | −0.130% | $2.7M | $591K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0544% / S −0.0538% | 1h | 0.9989 | −0.013% | $198K | — | 100x | as long as short |
ApeX Omni FILUSDT
Binance FILUSDT
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Extended FIL-USD
Injective FIL/USDC PERP
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]