FIL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.214%

Price spread now: Deribit against ApeX Omni+0.251%74s7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$670.674% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.477%−$48 on $10k

Price spread, last 4 days (all we have)−0.523%−$52 · spread now +0.251%, 7d avg +0.040%

Together, before fees−1.000%−$100 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.211% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.251% now, against its 7-day average of +0.040%): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.0 days. At the pace of the last 7 days (−0.477% in total) that is about 3.1 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni FILUSDT	0.9980	0.0100	pay 0.0013% / 1h	15m 50s	$23K	$181K	50x
Short	Deribit FIL_USDC-PERPETUAL	1.0005	0	get 0.0000% / 1h	15m 50s	$172K	$23K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee DeribitbpOrdersPrice spread, now +0.251%Rate

Funding earned: −$21
Price spread: +0.251% → +0.040%: $21.06
Slippage, 4 orders: −$50.37
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$67.31
Costs to cover: 0.674%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 15 min ago; Deribit: live order book, 18 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, 15 min ago	10.12 bp	19.7 bp −$20	123.1 bp −$1,231	doesn't fit	doesn't fit
Sell Deribit live order book, 18 min ago	6.07 bp	9.6 bp −$10	19.0 bp −$190	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
Coinbase International FIL-PERP-INTX	−0.0056%	1h	0.9983	+0.030%	$348K	$2.1M	50x	as long as short
gTrade (Gains Network) FIL/USD	L −0.0004% / S +0.0006%	1h	0.9992	+0.117%	$26K	—	150x	as long as short
dYdX FIL-USD	0.0000%	1h	0.9981	+0.006%	$58K	$887	10x	as long as short
Deribit FIL_USDC-PERPETUALshort	0.0000%	1h	1.0005	+0.251%	$172K	$23K	25x
Injective FIL/USDC PERP	+0.0033%	1h	0.9855	−1.253%	$2K	$240K	12x	as long as short
Lighter FIL	+0.0096%	1h	0.9995	+0.146%	$145K	$345K	5x	as long as short
Kraken Futures PF_FILUSD	+0.0097%	1h	1.0004	+0.245%	$1.4M	$2.1M	50x	as long as short
KuCoin FILUSDTM	+0.0099%	8h	0.9993	+0.130%	$7.1M	$7.8M	50x	as long as short
Hyperliquid FIL	+0.0100%	1h	0.9999	+0.186%	$8.4M	$9.4M	5x	as long as short
Aster FILUSDT	+0.0100%	8h	1.0000	+0.196%	$510K	$552K	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance FILUSDT	+0.0100%	8h	0.9994	+0.142%	$56.8M	$180.3M	75x	as long as short
Bybit FILUSDT	+0.0100%	8h	0.9992	+0.120%	$15.3M	$19.8M	25x	as long as short
OKX FIL-USDT-SWAP	+0.0100%	8h	0.9992	+0.120%	$17.9M	$104.9M	50x	as long as short
Gate FIL_USDT	+0.0100%	8h	0.9997	+0.170%	$8.5M	$16.5M	50x	as long as short
MEXC FIL_USDC	+0.0100%	8h	0.9994	+0.140%	$231K	$100K	50x	as long as short
Bitget FILUSDT	+0.0100%	8h	0.9992	+0.120%	$11.4M	$19.1M	75x	as long as short
BingX FIL-USDC	+0.0100%	8h	0.9994	+0.140%	—	$6.5M	—	as long as short
Variational Omni FIL	+0.0100%	8h	0.9997	+0.171%	$445K	$278K	—	as long as short
edgeX FILUSDC	+0.0100%	4h	0.9995	+0.150%	$45K	$296K	10x	as long as short
GRVT FIL_USDT_Perp	+0.0100%	8h	0.9992	+0.123%	$300K	$1.6M	10x	as long as short
ApeX Omni FILUSDTlong	+0.0100%	1h	0.9980	long leg	$23K	$181K	50x
Orderly PERP_FIL_USDC_mythos	+0.0100%	4h	1.0011	+0.307%	$4K	$798	10x	as long as short
SunX FIL-USDT	+0.0100%	8h	1.0000	+0.200%	$3K	$1.1M	20x	as long as short
SoDEX FIL-USD	+0.0100%	1h	1.0000	+0.200%	$484	$11K	5x	as long as short
HTX FIL-USDT	+0.0100%	8h	0.9997	+0.170%	$629K	$5.4M	75x	as long as short
Phemex FILUSDT	+0.0100%	8h	0.9990	+0.100%	$1.3M	$2.6M	50x	as long as short
Extended FIL-USD	+0.0104%	1h	0.9993	+0.132%	$700K	$4.2M	10x	as long as short
BloFin FIL-USDT	+0.0220%	8h	0.9997	+0.170%	$2.7M	$641K	75x	as long as short
GMX FIL/USD [WBTC.b-USDC]	L +0.0602% / S −0.0280%	1h	0.9992	+0.120%	$267K	—	100x	as long as short