Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Binance−0.050%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.050%, 7d avg −0.049%
=The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 0.9859 | 0.0036 | pay 0.0036% / 8h | 0m 21s | $57.1M | $179.5M | 75x |
| Short | MEXC FIL_USDC | 0.9854 | 0.0053 | get 0.0053% / 8h | 0m 21s | $247K | $106K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $3.5
- Price spread: −0.050% → −0.049%
- −$0.08
- Slippage, 4 orders
- −$18.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$24.81
- Costs to cover
- 0.282%
- Break-even
- 56.6 days
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 59 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, 13 min ago | 0.51 bp | 6.9 bp −$7 | 11.0 bp −$110 | 45.9 bp −$4,589 | doesn't fit |
| Sell MEXC live order book, 59 min ago | 1.01 bp | 7.4 bp −$7 | 14.8 bp −$148 | 73.6 bp −$7,364 | 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 | −0.0763% | 1h | 0.9865 | +0.062% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0394% | 1h | 0.9866 | +0.070% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9853 | −0.060% | $317K | $1.8M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.040% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0033% | 8h | 0.9860 | +0.011% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0020% | 8h | 0.9857 | −0.019% | $18.1M | $98.9M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9865 | +0.064% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9865 | +0.065% | $58K | $2K | 10x | as long as short |
| Binance FILUSDTlong | +0.0036% | 8h | 0.9859 | long leg | $57.1M | $179.5M | 75x | |
| Extended FIL-USD | +0.0040% | 1h | 0.9855 | −0.040% | $689K | $2.3M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FILUSDT | +0.0045% | 8h | 0.9857 | −0.019% | $10.9M | $21.6M | 75x | as long as short |
| BingX FIL-USDC | +0.0048% | 8h | 0.9859 | +0.001% | — | $6.5M | — | as long as short |
| Bybit FILUSDT | +0.0051% | 8h | 0.9862 | +0.031% | $15.4M | $18.4M | 25x | as long as short |
| MEXC FIL_USDCshort | +0.0053% | 8h | 0.9854 | −0.050% | $247K | $106K | 50x | |
| Gate FIL_USDT | +0.0070% | 8h | 0.9864 | +0.052% | $8.2M | $16.5M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9852 | −0.068% | $158K | $348K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9860 | +0.010% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9860 | +0.014% | $493K | $546K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9846 | −0.129% | $440K | $278K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9849 | −0.097% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9830 | −0.294% | $293K | $805K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.011% | $30K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9870 | +0.117% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.090% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9859 | +0.001% | $480 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9866 | +0.072% | $625K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.011% | $1.1M | $2.4M | 50x | as long as short |
| BloFin FIL-USDT | +0.0145% | 8h | 0.9854 | −0.050% | $2.7M | $568K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0538% / S −0.0538% | 1h | 0.9865 | +0.057% | $196K | — | 100x | as long as short |
Binance FILUSDT
MEXC FIL_USDC
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
Extended FIL-USD
Bitget FILUSDT
BingX FIL-USDC
Bybit FILUSDT
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]