Funding you earn now, next payment 01:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h +0.168%
Price spread now: HTX against Deribit+0.010%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days+0.603%+$60 on $10k
+Price spread, last 3 days (all we have)+0.313%+$31 · spread now +0.010%, 7d avg +0.112%
=Funding pays, the price is against you. HTX is 0.102% cheaper against Deribit than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.112%). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.603% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FIL_USDC-PERPETUAL | 0.9867 | −0.0560 | get 0.0070% / 1h | 36m 52s | $170K | $23K | 25x |
| Short | HTX FIL-USDT | 0.9868 | 0.0100 | get 0.0100% / 8h | 7h 36m | $631K | $5.7M | 75x |
Deribit FIL_USDC-PERPETUAL
HTX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $138.6
- Price spread: +0.010% → +0.112%
- −$10.19
- Slippage, 4 orders
- −$35.71
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $73.69
- Costs to cover
- 0.547%
- Break-even
- 3.3 days
Slippage from Deribit: live order book, 37 min ago; HTX: 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 Deribit live order book, 37 min ago | 4.06 bp | 20.8 bp −$21 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 3.55 bp | 14.5 bp −$14 | 39.5 bp −$395 | 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-PERPETUALlong | −0.0560% | 1h | 0.9867 | long leg | $170K | $23K | 25x | |
| Kraken Futures PF_FILUSD | −0.0332% | 1h | 0.9864 | −0.035% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9869 | +0.020% | $315K | $1.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0041% | 8h | 0.9858 | −0.091% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0033% | 8h | 0.9859 | −0.081% | $17.9M | $98.0M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9866 | −0.009% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9865 | −0.016% | $58K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9853 | −0.146% | $689K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0032% | 8h | 0.9851 | −0.166% | $56.8M | $178.3M | 75x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.122% | $2K | $240K | 12x | as long as short |
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Binance FILUSDT
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0060% | 8h | 0.9854 | −0.132% | $247K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0062% | 8h | 0.9859 | −0.081% | $10.8M | $21.5M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9852 | −0.149% | $159K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9859 | −0.082% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9857 | −0.101% | $493K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9858 | −0.091% | $15.3M | $18.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9863 | −0.041% | $8.2M | $16.1M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9857 | −0.101% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9882 | +0.152% | $443K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9845 | −0.225% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9847 | −0.206% | $291K | $812K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | −0.071% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9870 | +0.032% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.071% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9855 | −0.122% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDTshort | +0.0100% | 8h | 0.9868 | +0.010% | $631K | $5.7M | 75x | |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | −0.071% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0128% | 8h | 0.9859 | −0.081% | $2.7M | $572K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0539% / S −0.0538% | 1h | 0.9866 | −0.007% | $196K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
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
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]