Funding you earn now, next payment 06:00 UTC+0.0776%/8h= +85.0% APRpaid last 24h +0.194%
Price spread now: BloFin against Deribit−0.111%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days+0.575%+$57 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.111%, 7d avg −0.044%
=Funding pays, the price is against you. BloFin is 0.067% cheaper against Deribit than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.044%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.575% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FIL_USDC-PERPETUAL | 0.9913 | −0.0556 | get 0.0069% / 1h | 36m 53s | $171K | $23K | 25x |
| Short | BloFin FIL-USDT | 0.9902 | 0.0220 | get 0.0220% / 8h | 2h 36m | $2.7M | $694K | 75x |
Deribit FIL_USDC-PERPETUAL
BloFin FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $162.96
- Price spread: −0.111% → −0.044%
- −$6.67
- Slippage, 4 orders
- −$30.34
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $106.95
- Costs to cover
- 0.493%
- Break-even
- 2.4 days
Slippage from Deribit: live order book, 12 min ago; BloFin: live order book, 6 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 Deribit live order book, 12 min ago | 11.06 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 2.52 bp | 11.5 bp −$12 | 16.8 bp −$168 | 37.9 bp −$3,794 | 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-PERPETUALlong | −0.0556% | 1h | 0.9913 | long leg | $171K | $23K | 25x | |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9910 | −0.030% | $340K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9904 | −0.091% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9898 | −0.147% | $58K | $1K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0024% | 8h | 0.9913 | 0.000% | $18.0M | $107.9M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.585% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0042% | 8h | 0.9909 | −0.040% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9909 | −0.038% | $148K | $379K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9914 | +0.012% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9916 | +0.031% | $506K | $613K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
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 | 0.9915 | +0.020% | $56.2M | $185.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9912 | −0.010% | $15.7M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9909 | −0.040% | $8.4M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9908 | −0.050% | $234K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9909 | −0.040% | $11.1M | $20.0M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9911 | −0.020% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9882 | −0.313% | $447K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9868 | −0.456% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9879 | −0.343% | $293K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.434% | $29K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9916 | +0.028% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9900 | −0.131% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9911 | −0.020% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.030% | $616K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | −0.131% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9910 | −0.030% | $696K | $1.4M | 10x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9902 | −0.111% | $2.7M | $694K | 75x | |
| Kraken Futures PF_FILUSD | +0.0251% | 1h | 0.9917 | +0.044% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0596% / S −0.0273% | 1h | 0.9904 | −0.095% | $265K | — | 100x | as long as short |
Binance FILUSDT
Bybit 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
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]