Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.041%
Price spread now: Injective against BingX−0.030%87s7-day average +1.912% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−1.641%−$164 · spread now −0.030%, 7d avg +1.912%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.943% cheaper against BingX than usual: you would sell low and buy high (−$194 if the spread goes back to its 7-day average of +1.912%). Swap the legs. The two prices were read 87 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 | BingX FIL-USDT | 0.9858 | 0.0100 | pay 0.0100% / 8h | 2h 39m | — | $11.9M | — |
| Short | Injective FIL/USDC PERP | 0.9855 | 0.0033 | get 0.0004% / 1h | 39m 50s | $2K | $240K | 12x |
BingX FIL-USDT
Injective FIL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.030% → +1.912%
- −$194.28
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$218.3
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Injective: no order-book sample. Net counts fees only.
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, 8 min ago | 0.50 bp | 5.5 bp −$6 | 8.4 bp −$84 | 17.8 bp −$1,776 | 43.7 bp −$21.8K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0863% | 1h | 0.9871 | +0.132% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9864 | +0.061% | $338K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9865 | +0.070% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9866 | +0.076% | $58K | $1K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0019% | 8h | 0.9854 | −0.041% | $18.0M | $107.2M | 50x | as long as short |
| Injective FIL/USDC PERPshort | +0.0033% | 1h | 0.9855 | −0.030% | $2K | $240K | 12x | |
| KuCoin FILUSDTM | +0.0036% | 8h | 0.9860 | +0.020% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9863 | +0.050% | $147K | $379K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9871 | +0.134% | $8.3M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9863 | +0.052% | $503K | $613K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9860 | +0.021% | $55.9M | $185.4M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9855 | −0.030% | $15.6M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9863 | +0.051% | $8.3M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9869 | +0.112% | $233K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9852 | −0.061% | $11.1M | $20.0M | 75x | as long as short |
| BingX FIL-USDTlong | +0.0100% | 8h | 0.9858 | long leg | — | $11.9M | — | |
| Variational Omni FIL | +0.0100% | 8h | 0.9882 | +0.243% | $447K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9912 | +0.550% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9911 | +0.538% | $294K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9910 | +0.527% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9873 | +0.152% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.020% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9867 | +0.091% | $480 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9873 | +0.152% | $613K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.020% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9867 | +0.087% | $693K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9882 | +0.243% | $2.6M | $701K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0252% | 1h | 0.9873 | +0.155% | $1.3M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0594% / S −0.0272% | 1h | 0.9865 | +0.072% | $264K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
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
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]