Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.006%
Price spread now: dYdX against Bybit−0.105%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.105% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | Bybit FILUSDT | 1.0015 | 0.0100 | pay 0.0100% / 8h | 3h 55m | $15.9M | $20.2M | 25x |
| Short | dYdX FIL-USD | 1.0004 | 0 | get 0.0000% / 1h | 55m 54s | $58K | $2K | 10x |
Bybit FILUSDT
dYdX FIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bybit. 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
- −$21
- Price spread: −0.105% → 0.000%
- −$10.48
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$52.48
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; dYdX: 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 Bybit live order book, 3 min ago | 0.50 bp | 9.2 bp −$9 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0020 | +0.050% | $367K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0149% | 1h | 1.0029 | +0.140% | $173K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0027% | 8h | 1.0015 | 0.000% | $18.5M | $105.7M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0024 | +0.085% | $26K | — | 150x | as long as short |
| dYdX FIL-USDshort | 0.0000% | 1h | 1.0004 | −0.105% | $58K | $2K | 10x | |
| KuCoin FILUSDTM | +0.0009% | 8h | 1.0017 | +0.020% | $7.3M | $7.6M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.598% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 1.0025 | +0.100% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0019 | +0.043% | $154K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0026 | +0.110% | $8.5M | $9.5M | 5x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 1.0022 | +0.067% | $514K | $610K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0015 | 0.000% | $57.6M | $183.8M | 75x | as long as short |
| Bybit FILUSDTlong | +0.0100% | 8h | 1.0015 | long leg | $15.9M | $20.2M | 25x | |
| Gate FIL_USDT | +0.0100% | 8h | 1.0025 | +0.100% | $8.5M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 1.0019 | +0.040% | $243K | $102K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0015 | 0.000% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0014 | −0.010% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0017 | +0.017% | $451K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0004 | −0.111% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9996 | −0.186% | $298K | $1.0M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0010 | −0.050% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0031 | +0.161% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0020 | +0.050% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0015 | 0.000% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0030 | +0.150% | $625K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | −0.050% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0018 | +0.032% | $707K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9992 | −0.230% | $2.7M | $666K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 1.0020 | +0.054% | $267K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
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]