Funding you earn now, next payment 04:00 UTC+0.0449%/8h= +49.2% APRnext payment +$0.56 per $10,000 · paid last 24h +0.161%
Price spread now: dYdX against Deribit−0.048%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+0.248%+$25 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 0.048% cheaper against Deribit than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.248% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.248% in total (about 12.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.56 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 | Deribit FIL_USDC-PERPETUAL | 1.0010 | −0.0449 | get 0.0056% / 1h | 25m 47s | $172K | $23K | 25x |
| Short | dYdX FIL-USD | 1.0005 | 0 | get 0.0000% / 1h | 25m 47s | $58K | $2K | 10x |
Deribit FIL_USDC-PERPETUAL
dYdX FIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $94.29
- Price spread: −0.048% → 0.000%
- −$4.8
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $72.49
- Costs to cover
- 0.170%
- Break-even
- 1.6 days
Slippage unknown: Deribit: live order book, 33 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 Deribit live order book, 33 min ago | 3.50 bp | 22.9 bp −$23 | 32.3 bp −$323 | 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-PERPETUALlong | −0.0449% | 1h | 1.0010 | long leg | $172K | $23K | 25x | |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 1.0015 | +0.050% | $369K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0060% | 8h | 1.0007 | −0.030% | $18.6M | $105.0M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0015% | 8h | 1.0012 | +0.020% | $7.3M | $7.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0007 | −0.034% | $26K | — | 150x | as long as short |
| dYdX FIL-USDshort | 0.0000% | 1h | 1.0005 | −0.048% | $58K | $2K | 10x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.548% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 1.0011 | +0.012% | $1.4M | $2.3M | 50x | as long as short |
| Binance FILUSDT | +0.0095% | 8h | 1.0008 | −0.018% | $57.5M | $183.1M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0003 | −0.071% | $154K | $362K | 5x | as long as short |
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Binance FILUSDT
Lighter FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USD | +0.0096% | 1h | 1.0010 | +0.002% | $711K | $3.3M | 10x | as long as short |
| MEXC FIL_USDC | +0.0097% | 8h | 1.0008 | −0.020% | $243K | $104K | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0008 | −0.020% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0012 | +0.023% | $514K | $603K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0006 | −0.040% | $15.8M | $20.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0009 | −0.010% | $8.4M | $16.7M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0005 | −0.050% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0007 | −0.030% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0001 | −0.093% | $450K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0005 | −0.052% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0010 | −0.003% | $299K | $957K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0040 | +0.300% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0015 | +0.055% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | −0.100% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0007 | −0.030% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0017 | +0.070% | $628K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0000 | −0.100% | $1.2M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0215% | 8h | 1.0002 | −0.080% | $2.7M | $661K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0005 | −0.051% | $267K | — | 100x | as long as short |
Extended FIL-USD
MEXC FIL_USDC
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]