Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against Binance−0.333%101s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as 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−$300.300% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 3 days (all we have)+0.355%+$36 · spread now −0.333%, 7d avg +0.008%
=Funding pays, the price is against you. BloFin is 0.341% cheaper against Binance than usual: you would sell low and buy high (spread −0.333% now, against its 7-day average of +0.008%). If the spread goes back, that is −$34 on $10k: about 9.5 days of funding at the current rate (+$4 a day). The two prices were read 101 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 | Binance FILUSDT | 0.9833 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $56.4M | $175.9M | 75x |
| Short | BloFin FIL-USDT | 0.9800 | 0.0220 | get 0.0220% / 8h | 2h 31m | $2.6M | $634K | 75x |
Binance FILUSDT
BloFin FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: −0.333% → +0.008%
- −$34.09
- Slippage, 4 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.9
- Costs to cover
- 0.300%
- Break-even
- 17.8 days
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 2 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 Binance live order book, 12 min ago | 0.51 bp | 8.6 bp −$9 | 13.8 bp −$138 | 50.3 bp −$5,033 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.02 bp | 7.9 bp −$8 | 11.3 bp −$113 | 35.6 bp −$3,557 | 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 | −0.1277% | 1h | 0.9809 | −0.241% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0625% | 1h | 0.9808 | −0.254% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | −0.0408% | 1h | 0.9825 | −0.082% | $157K | $337K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9816 | −0.170% | $314K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0066% | 8h | 0.9832 | −0.008% | $15.5M | $18.0M | 25x | as long as short |
| Bitget FILUSDT | −0.0036% | 8h | 0.9826 | −0.069% | $10.8M | $21.9M | 75x | as long as short |
| Variational Omni FIL | −0.0014% | 8h | 0.9812 | −0.209% | $435K | $276K | — | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9805 | −0.283% | $24K | — | 150x | as long as short |
| Hyperliquid FIL | −0.0002% | 1h | 0.9828 | −0.047% | $8.6M | $9.4M | 5x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9828 | −0.053% | $57K | $2K | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
Variational Omni FIL
gTrade (Gains Network) FIL/USD
Hyperliquid FIL
dYdX FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0011% | 8h | 0.9829 | −0.038% | $18.1M | $96.5M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −0.831% | $2K | $148K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0036% | 8h | 0.9831 | −0.018% | $7.3M | $7.1M | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9833 | 0.000% | $487K | $514K | 20x | as long as short |
| Binance FILUSDTlong | +0.0100% | 8h | 0.9833 | long leg | $56.4M | $175.9M | 75x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9824 | −0.089% | $7.8M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9816 | −0.170% | $249K | $105K | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9823 | −0.099% | — | $6.5M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9800 | −0.336% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9812 | −0.214% | $287K | $813K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9800 | −0.333% | $42K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9815 | −0.180% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9790 | −0.435% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9799 | −0.343% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9809 | −0.241% | $619K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9800 | −0.333% | $1.0M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9823 | −0.103% | $685K | $2.3M | 10x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9800 | −0.333% | $2.6M | $634K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0613% / S −0.0849% | 1h | 0.9806 | −0.267% | $208K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Aster FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDC
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
GMX FIL/USD [WBTC.b-USDC]