Funding you earn now, next payment 08:00 UTC−0.0125%/8h= −13.7% APRnext payment −$1.25 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against Bybit−0.020%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.465% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now −0.020%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 1.0050 | 0.0100 | pay 0.0100% / 8h | 3h 55m | $15.9M | $20.2M | 25x |
| Short | OKX FIL-USDT-SWAP | 1.0048 | −0.0025 | pay 0.0025% / 8h | 3h 55m | $18.6M | $106.0M | 50x |
Bybit FILUSDT
OKX FIL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$26.32
- Price spread: −0.020% → −0.004%
- −$1.64
- Slippage, 4 orders
- −$25.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.41
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago | 0.50 bp | 9.2 bp −$9 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.50 bp | 8.7 bp −$9 | 16.4 bp −$164 | 87.6 bp −$8,755 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0020 | −0.299% | $367K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0149% | 1h | 1.0029 | −0.209% | $173K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAPshort | −0.0025% | 8h | 1.0048 | −0.020% | $18.6M | $106.0M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0052 | +0.024% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0039 | −0.113% | $59K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0011% | 8h | 1.0052 | +0.020% | $7.4M | $7.6M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.940% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 1.0025 | −0.248% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0034 | −0.161% | $155K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0054 | +0.040% | $8.5M | $9.5M | 5x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
dYdX 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 | 1.0037 | −0.133% | $515K | $610K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0050 | 0.000% | $57.8M | $183.7M | 75x | as long as short |
| Bybit FILUSDTlong | +0.0100% | 8h | 1.0050 | long leg | $15.9M | $20.2M | 25x | |
| Gate FIL_USDT | +0.0100% | 8h | 1.0050 | 0.000% | $8.5M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 1.0037 | −0.129% | $243K | $102K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0049 | −0.010% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0045 | −0.050% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0017 | −0.331% | $451K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9995 | −0.543% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9997 | −0.531% | $289K | $1.0M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0000 | −0.498% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0058 | +0.081% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0020 | −0.299% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0015 | −0.348% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0030 | −0.199% | $625K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | −0.398% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0035 | −0.147% | $707K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9992 | −0.577% | $2.7M | $666K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0576% / S −0.0237% | 1h | 1.0049 | −0.013% | $268K | — | 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]