Funding you earn now, next payment 06:00 UTC+0.0395%/8h= +43.3% APRpaid last 24h +0.143%
Price spread now: OKX against Deribit−0.050%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.050%, 7d avg −0.094%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and OKX is 0.044% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FIL_USDC-PERPETUAL | 0.9946 | −0.0353 | get 0.0044% / 1h | 16m 22s | $171K | $23K | 25x |
| Short | OKX FIL-USDT-SWAP | 0.9941 | 0.0042 | get 0.0042% / 8h | 2h 16m | $18.1M | $109.0M | 50x |
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $83.05
- Price spread: −0.050% → −0.094%
- $4.38
- Slippage, 4 orders
- −$28.59
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $41.84
- Costs to cover
- 0.456%
- Break-even
- 3.5 days
Slippage from Deribit: live order book, 32 min ago; OKX: live order book, 3 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, 32 min ago | 11.06 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.50 bp | 8.7 bp −$9 | 16.9 bp −$169 | 100.5 bp −$10.0K | 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 | −0.0353% | 1h | 0.9946 | long leg | $171K | $23K | 25x | |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9950 | +0.040% | $341K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9945 | −0.014% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9937 | −0.087% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.915% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAPshort | +0.0042% | 8h | 0.9941 | −0.050% | $18.1M | $109.0M | 50x | |
| KuCoin FILUSDTM | +0.0060% | 8h | 0.9944 | −0.020% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9938 | −0.079% | $148K | $379K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9948 | +0.016% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9947 | +0.011% | $507K | $613K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
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 | 0.9946 | +0.001% | $56.2M | $186.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9941 | −0.050% | $15.6M | $20.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9945 | −0.010% | $8.3M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9946 | 0.000% | $235K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9941 | −0.050% | $11.3M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9942 | −0.040% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9896 | −0.505% | $448K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9899 | −0.475% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9945 | −0.013% | $298K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9940 | −0.060% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9953 | +0.071% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9940 | −0.060% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9942 | −0.040% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9948 | +0.020% | $619K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9940 | −0.060% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9943 | −0.026% | $696K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9946 | 0.000% | $2.7M | $694K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0250% | 1h | 0.9949 | +0.035% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0602% / S −0.0280% | 1h | 0.9943 | −0.032% | $266K | — | 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
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]