Funding you earn now, next payment 23:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.018%
Price spread now: BingX against ApeX Omni−0.202%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$640.635% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.202%, 7d avg −0.050%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.152% cheaper against ApeX Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni FILUSDT | 0.9890 | 0.0100 | pay 0.0013% / 1h | 37m 30s | $30K | $198K | 50x |
| Short | BingX FIL-USDT | 0.9870 | 0.0080 | get 0.0080% / 8h | 1h 37m | — | $11.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$4.2
- Price spread: −0.202% → −0.050%
- −$15.23
- Slippage, 4 orders
- −$43.53
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$82.96
- Costs to cover
- 0.635%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 44 min ago; BingX: live order book, 16 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, 44 min ago | 15.25 bp | 25.1 bp −$25 | 113.8 bp −$1,138 | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 1.02 bp | 7.4 bp −$7 | 10.3 bp −$103 | 25.6 bp −$2,558 | 61.3 bp −$30.7K |
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 | −0.0695% | 1h | 0.9878 | −0.117% | $1.4M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0660% | 1h | 0.9877 | −0.131% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9873 | −0.172% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.354% | $2K | $240K | 12x | as long as short |
| Lighter FIL | −0.0024% | 1h | 0.9864 | −0.263% | $158K | $349K | 5x | as long as short |
| Bitget FILUSDT | −0.0018% | 8h | 0.9865 | −0.253% | $11.0M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9886 | −0.038% | $25K | — | 150x | as long as short |
| Bybit FILUSDT | −0.0002% | 8h | 0.9869 | −0.212% | $15.5M | $18.0M | 25x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9871 | −0.196% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0011% | 8h | 0.9866 | −0.243% | $7.4M | $7.0M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0029% | 8h | 0.9865 | −0.253% | $18.1M | $96.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0074% | 8h | 0.9864 | −0.263% | $251K | $104K | 50x | as long as short |
| Binance FILUSDT | +0.0078% | 8h | 0.9868 | −0.222% | $56.8M | $174.9M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9866 | −0.240% | $689K | $2.3M | 10x | as long as short |
| BingX FIL-USDTshort | +0.0080% | 8h | 0.9870 | −0.202% | — | $11.9M | — | |
| Variational Omni FIL | +0.0091% | 8h | 0.9897 | +0.074% | $441K | $277K | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9868 | −0.224% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9875 | −0.149% | $488K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9866 | −0.243% | $7.8M | $16.2M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9884 | −0.063% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9885 | −0.055% | $287K | $803K | 10x | as long as short |
| ApeX Omni FILUSDTlong | +0.0100% | 1h | 0.9890 | long leg | $30K | $198K | 50x | |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9889 | −0.005% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9870 | −0.202% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9875 | −0.152% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9890 | 0.000% | $626K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9870 | −0.202% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0200% | 8h | 0.9887 | −0.030% | $2.6M | $656K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0617% / S −0.0742% | 1h | 0.9886 | −0.042% | $214K | — | 100x | as long as short |
ApeX Omni FILUSDT
BingX FIL-USDT
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
Bybit FILUSDT
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
Variational Omni FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
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]