Funding you earn now, next payment 23:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.027%
Price spread now: MEXC against ApeX Omni−0.283%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$690.685% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.283%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.215% cheaper against ApeX Omni than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.068%). 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 | 29m 15s | $30K | $198K | 50x |
| Short | MEXC FIL_USDC | 0.9862 | 0.0074 | get 0.0074% / 8h | 1h 29m | $251K | $104K | 50x |
ApeX Omni FILUSDT
MEXC FIL_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.46
- Price spread: −0.283% → −0.068%
- −$21.51
- Slippage, 4 orders
- −$58.5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$95.47
- Costs to cover
- 0.685%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 52 min ago; MEXC: live order book, 44 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, 52 min ago | 15.25 bp | 25.1 bp −$25 | 113.8 bp −$1,138 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 44 min ago | 1.53 bp | 10.3 bp −$10 | 25.9 bp −$259 | 77.2 bp −$7,717 | 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 | −0.0964% | 1h | 0.9874 | −0.162% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0695% | 1h | 0.9878 | −0.126% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9880 | −0.101% | $317K | $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 |
| Bitget FILUSDT | −0.0014% | 8h | 0.9868 | −0.222% | $10.9M | $21.5M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9873 | −0.174% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9872 | −0.185% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0009% | 8h | 0.9867 | −0.233% | $7.4M | $7.0M | 50x | as long as short |
| Bybit FILUSDT | +0.0011% | 8h | 0.9872 | −0.182% | $15.5M | $18.0M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0031% | 8h | 0.9870 | −0.202% | $18.1M | $97.4M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FIL | +0.0056% | 1h | 0.9869 | −0.215% | $158K | $349K | 5x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 0.9867 | −0.232% | $689K | $2.3M | 10x | as long as short |
| MEXC FIL_USDCshort | +0.0074% | 8h | 0.9862 | −0.283% | $251K | $104K | 50x | |
| Binance FILUSDT | +0.0075% | 8h | 0.9868 | −0.222% | $56.7M | $175.2M | 75x | as long as short |
| BingX FIL-USDT | +0.0077% | 8h | 0.9868 | −0.222% | — | $11.9M | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9867 | −0.233% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9870 | −0.202% | $496K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9867 | −0.233% | $7.8M | $16.2M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9864 | −0.260% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9883 | −0.072% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9852 | −0.387% | $286K | $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 | 0.9877 | −0.128% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.303% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9870 | −0.202% | $490 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9871 | −0.192% | $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 | +0.0195% | 8h | 0.9877 | −0.131% | $2.7M | $656K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0598% / S −0.0709% | 1h | 0.9872 | −0.178% | $206K | — | 100x | as long as short |
Lighter FIL
Extended FIL-USD
Binance FILUSDT
BingX FIL-USDT
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
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]