Funding you earn now, next payment 06:00 UTC+0.0248%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h +0.125%
Price spread now: dYdX against Coinbase International−0.385%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. dYdX is 0.385% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.385% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 5.2 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.124% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.31 per $10,000. 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 | Coinbase International FIL-PERP-INTX | 1.0012 | −0.0248 | get 0.0031% / 1h | 58m 22s | $357K | $2.3M | 50x |
| Short | dYdX FIL-USD | 0.9974 | 0 | get 0.0000% / 1h | 58m 22s | $58K | $1K | 10x |
Coinbase International FIL-PERP-INTX
dYdX FIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- $52.08
- Price spread: −0.385% → 0.000%
- −$38.45
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$6.37
- Costs to cover
- 0.200%
- Break-even
- 7.9 days
Slippage unknown: Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago | 6.51 bp | 14.1 bp −$14 | 20.4 bp −$204 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0451% | 1h | 0.9973 | −0.390% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTXlong | −0.0248% | 1h | 1.0012 | long leg | $357K | $2.3M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9974 | −0.381% | $26K | — | 150x | as long as short |
| dYdX FIL-USDshort | 0.0000% | 1h | 0.9974 | −0.385% | $58K | $1K | 10x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.568% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0048% | 8h | 0.9967 | −0.449% | $18.1M | $110.0M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0062% | 8h | 0.9978 | −0.340% | $7.3M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9974 | −0.384% | $148K | $355K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9980 | −0.321% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9977 | −0.347% | $510K | $606K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
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 | 0.9975 | −0.371% | $56.4M | $187.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9967 | −0.449% | $15.7M | $20.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9974 | −0.380% | $8.3M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9974 | −0.380% | $235K | $102K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9970 | −0.419% | $11.3M | $20.1M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9972 | −0.400% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9970 | −0.423% | $452K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9972 | −0.399% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9972 | −0.396% | $295K | $1.3M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9980 | −0.320% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9980 | −0.319% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | −0.419% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9965 | −0.469% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9993 | −0.190% | $619K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9960 | −0.519% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9969 | −0.431% | $700K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9962 | −0.499% | $2.7M | $699K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0245% | 1h | 0.9970 | −0.415% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0604% / S −0.0280% | 1h | 0.9974 | −0.375% | $267K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
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]