Funding you earn now, next payment 09:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.015%
Price spread now: Kraken Futures against Binance+0.030%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.030%, 7d avg +0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 0.9954 | 0.0100 | pay 0.0100% / 8h | 7h 08m | $56.9M | $180.2M | 75x |
| Short | Kraken Futures PF_FILUSD | 0.9957 | 0.0097 | get 0.0012% / 1h | 8m 58s | $1.4M | $2.1M | 50x |
Binance FILUSDT
Kraken Futures PF_FILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$0.58
- Price spread: +0.030% → +0.035%
- −$0.51
- Slippage, 4 orders
- −$28.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$49.46
- Costs to cover
- 0.484%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Kraken Futures: live order book, 5 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, 4 min ago | 0.50 bp | 8.9 bp −$9 | 13.9 bp −$139 | 47.9 bp −$4,794 | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.00 bp | 13.6 bp −$14 | 29.7 bp −$297 | 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 | −0.0453% | 1h | 0.9956 | +0.017% | $171K | $18K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9950 | −0.043% | $321K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9951 | −0.029% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9952 | −0.021% | $58K | $887 | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.997% | $2K | $240K | 12x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9950 | −0.046% | $144K | $345K | 5x | as long as short |
| Kraken Futures PF_FILUSDshort | +0.0097% | 1h | 0.9957 | +0.030% | $1.4M | $2.1M | 50x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9958 | +0.032% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9955 | +0.007% | $507K | $552K | 20x | as long as short |
| Binance FILUSDTlong | +0.0100% | 8h | 0.9954 | long leg | $56.9M | $180.2M | 75x |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FILUSDT | +0.0100% | 8h | 0.9949 | −0.053% | $15.2M | $19.9M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9953 | −0.013% | $17.9M | $104.0M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9957 | +0.027% | $8.6M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9953 | −0.013% | $231K | $100K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9953 | −0.013% | $7.1M | $7.8M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9951 | −0.033% | $11.5M | $19.0M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9952 | −0.023% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0015 | +0.608% | $446K | $278K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0023 | +0.695% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0020 | +0.656% | $300K | $1.6M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0010 | +0.560% | $23K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9958 | +0.039% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9950 | −0.043% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9953 | −0.013% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9947 | −0.073% | $624K | $5.4M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9950 | −0.043% | $1.3M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9951 | −0.034% | $700K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9948 | −0.063% | $2.6M | $640K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0599% / S −0.0280% | 1h | 0.9953 | −0.014% | $266K | — | 100x | as long as short |
Bybit FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]