Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.009%
Price spread now: Extended against Bybit−0.098%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now −0.098%, 7d avg −0.033%
=Together, before fees+0.106%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.064% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 0.9979 | 0.0100 | pay 0.0100% / 8h | 4h 52m | $15.7M | $19.8M | 25x |
| Short | Extended FIL-USD | 0.9969 | 0.0080 | get 0.0010% / 1h | 52m 08s | $705K | $3.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$4.2
- Price spread: −0.098% → −0.033%
- −$6.43
- Slippage, 4 orders
- −$28.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$55.23
- Costs to cover
- 0.446%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 2 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 Bybit live order book, 1 min ago | 1.50 bp | 13.3 bp −$13 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.00 bp | 6.6 bp −$7 | 21.3 bp −$213 | 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 | −0.1152% | 1h | 0.9971 | −0.080% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 1.0020 | +0.411% | $380K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 0.9977 | −0.020% | $18.8M | $102.6M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0014% | 8h | 0.9969 | −0.100% | $7.4M | $7.4M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 0.9980 | +0.014% | $27K | — | 150x | as long as short |
| ApeX Omni FILUSDT | 0.0000% | 1h | 0.9980 | +0.010% | $30K | $182K | 50x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0002 | +0.231% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.243% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 0.9976 | −0.027% | $1.4M | $2.3M | 50x | as long as short |
| Binance FILUSDT | +0.0079% | 8h | 0.9977 | −0.020% | $57.9M | $181.2M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USDshort | +0.0080% | 1h | 0.9969 | −0.098% | $705K | $3.3M | 10x | |
| MEXC FIL_USDC | +0.0086% | 8h | 0.9968 | −0.110% | $242K | $102K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9970 | −0.090% | $158K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9975 | −0.036% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9995 | +0.156% | $516K | $586K | 20x | as long as short |
| Bybit FILUSDTlong | +0.0100% | 8h | 0.9979 | long leg | $15.7M | $19.8M | 25x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9982 | +0.030% | $8.5M | $16.4M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9973 | −0.060% | $11.0M | $20.3M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9977 | −0.020% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0034 | +0.550% | $451K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0033 | +0.540% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0016 | +0.367% | $302K | $927K | 10x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9985 | +0.056% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | −0.090% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9972 | −0.070% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9982 | +0.030% | $623K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9970 | −0.090% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0199% | 8h | 1.0020 | +0.411% | $2.8M | $650K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0573% / S −0.0237% | 1h | 0.9980 | +0.008% | $266K | — | 100x | as long as short |
Bybit FILUSDT
Extended FIL-USD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
ApeX Omni FILUSDT
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Binance FILUSDT
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]