Funding you earn now, next payment 00:00 UTC−0.0428%/8h= −46.9% APRnext payment −$0.54 per $10,000 · paid last 24h −0.140%
Price spread now: Coinbase International against ApeX Omni−0.090%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$770.768% of the position
Funding, last 7 days−0.328%−$33 on $10k
+Price spread, last 3 days (all we have)+0.237%+$24 · spread now −0.090%, 7d avg +0.088%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Coinbase International is 0.178% cheaper against ApeX Omni than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.088%). 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 | 10m 42s | $30K | $195K | 50x |
| Short | Coinbase International FIL-PERP-INTX | 0.9981 | −0.0328 | pay 0.0041% / 1h | 10m 42s | $338K | $1.9M | 50x |
ApeX Omni FILUSDT
Coinbase International FIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$89.88
- Price spread: −0.090% → +0.088%
- −$17.84
- Slippage, 4 orders
- −$56.8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$184.52
- Costs to cover
- 0.768%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 60 min ago; Coinbase International: live order book, 3 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, 60 min ago | 10.16 bp | 19.8 bp −$20 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 7.01 bp | 12.1 bp −$12 | 17.6 bp −$176 | 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 | −0.0450% | 1h | 0.9996 | +0.060% | $172K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0328% | 1h | 0.9993 | +0.026% | $1.4M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTXshort | −0.0328% | 1h | 0.9981 | −0.090% | $338K | $1.9M | 50x | |
| OKX FIL-USDT-SWAP | −0.0038% | 8h | 0.9973 | −0.170% | $18.4M | $98.1M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0035% | 8h | 0.9975 | −0.150% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9995 | +0.049% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9975 | −0.153% | $58K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9972 | −0.182% | $702K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0033% | 8h | 0.9973 | −0.170% | $57.7M | $178.6M | 75x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.351% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Binance FILUSDT
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0069% | 8h | 0.9968 | −0.220% | $246K | $106K | 50x | as long as short |
| Bitget FILUSDT | +0.0078% | 8h | 0.9968 | −0.220% | $10.9M | $21.3M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9970 | −0.203% | $159K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0003 | +0.130% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9998 | +0.081% | $511K | $574K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9975 | −0.150% | $15.7M | $18.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9976 | −0.140% | $8.3M | $16.3M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9974 | −0.160% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9995 | +0.049% | $450K | $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 | 0.9985 | −0.048% | $297K | $823K | 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 | 1.0001 | +0.105% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9980 | −0.100% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9986 | −0.040% | $499 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0000 | +0.100% | $630K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | 0.000% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0132% | 8h | 0.9979 | −0.110% | $2.7M | $594K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0545% / S −0.0538% | 1h | 0.9994 | +0.041% | $199K | — | 100x | as long as short |
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
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]