Funding you earn now, next payment 22:00 UTC−0.0459%/8h= −50.3% APRpaid last 24h −0.112%
Price spread now: Coinbase International against BingX+0.121%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 3 days (all we have)−0.009%−$1 · spread now +0.121%, 7d avg +0.124%
=The price spread sits at its 7-day average of +0.124%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.278% in total (about -14.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIL-USDT | 0.9904 | 0.0083 | pay 0.0083% / 8h | 1h 43m | — | $11.9M | — |
| Short | Coinbase International FIL-PERP-INTX | 0.9916 | −0.0376 | pay 0.0047% / 1h | 43m 49s | $317K | $1.9M | 50x |
BingX FIL-USDT
Coinbase International FIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- −$96.39
- Price spread: +0.121% → +0.124%
- −$0.31
- Slippage, 4 orders
- −$20.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$136.88
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Coinbase International: 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 BingX live order book, 9 min ago | 1.02 bp | 6.0 bp −$6 | 8.2 bp −$82 | 18.8 bp −$1,877 | 44.7 bp −$22.3K |
| Sell Coinbase International live order book, 5 min ago | 7.09 bp | 13.0 bp −$13 | 17.4 bp −$174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0692% | 1h | 0.9915 | +0.112% | $1.4M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0556% | 1h | 0.9918 | +0.141% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTXshort | −0.0376% | 1h | 0.9916 | +0.121% | $317K | $1.9M | 50x | |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.495% | $2K | $240K | 12x | as long as short |
| Lighter FIL | −0.0064% | 1h | 0.9900 | −0.043% | $159K | $347K | 5x | as long as short |
| Bitget FILUSDT | −0.0022% | 8h | 0.9902 | −0.020% | $10.9M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9913 | +0.094% | $25K | — | 150x | as long as short |
| Bybit FILUSDT | −0.0003% | 8h | 0.9902 | −0.020% | $15.6M | $17.9M | 25x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9910 | +0.056% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0021% | 8h | 0.9916 | +0.121% | $7.4M | $7.0M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
Bybit FILUSDT
dYdX FIL-USD
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0031% | 8h | 0.9902 | −0.020% | $18.3M | $97.1M | 50x | as long as short |
| MEXC FIL_USDC | +0.0075% | 8h | 0.9907 | +0.030% | $252K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9913 | +0.093% | $692K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0081% | 8h | 0.9903 | −0.014% | $56.9M | $174.6M | 75x | as long as short |
| BingX FIL-USDTlong | +0.0083% | 8h | 0.9904 | long leg | — | $11.9M | — | |
| Variational Omni FIL | +0.0085% | 8h | 0.9879 | −0.257% | $440K | $277K | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9903 | −0.005% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9911 | +0.072% | $490K | $515K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9914 | +0.101% | $7.8M | $16.1M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9873 | −0.312% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9870 | −0.347% | $295K | $814K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.343% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9919 | +0.151% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | +0.061% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9911 | +0.071% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9924 | +0.202% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | +0.061% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0201% | 8h | 0.9894 | −0.101% | $2.6M | $657K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0618% / S −0.0742% | 1h | 0.9915 | +0.108% | $215K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
Variational Omni FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]