Funding you earn now, next payment 00:00 UTC+0.1364%/8h= +149.4% APRpaid last 24h +0.152%
Price spread now: Orderly against Deribit+0.347%56s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Orderly is 0.347% dearer against Deribit than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FIL_USDC-PERPETUAL | 0.9893 | −0.1264 | get 0.0158% / 1h | 54m 30s | $170K | $23K | 25x |
| Short | Orderly PERP_FIL_USDC_mythos | 0.9927 | 0.0100 | get 0.0050% / 4h | 54m 30s | $5K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $286.44
- Price spread: +0.347% → 0.000%
- $34.67
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $308.11
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 24 min ago; Orderly: 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, 24 min ago | 3.03 bp | 19.7 bp −$20 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.1264% | 1h | 0.9893 | long leg | $170K | $23K | 25x | |
| ApeX Omni FILUSDT | −0.0508% | 1h | 0.9900 | +0.071% | $30K | $197K | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0393% | 1h | 0.9893 | −0.004% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9890 | −0.030% | $319K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.384% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9922 | +0.295% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9891 | −0.017% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0003% | 8h | 0.9917 | +0.243% | $7.4M | $7.1M | 50x | as long as short |
| Bitget FILUSDT | +0.0020% | 8h | 0.9915 | +0.222% | $11.0M | $21.6M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0029% | 8h | 0.9917 | +0.243% | $18.2M | $98.9M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FILUSDT | +0.0043% | 8h | 0.9922 | +0.293% | $15.4M | $18.2M | 25x | as long as short |
| MEXC FIL_USDC | +0.0065% | 8h | 0.9906 | +0.131% | $252K | $103K | 50x | as long as short |
| Binance FILUSDT | +0.0068% | 8h | 0.9916 | +0.232% | $57.4M | $177.7M | 75x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 0.9885 | −0.079% | $692K | $2.3M | 10x | as long as short |
| BingX FIL-USDC | +0.0075% | 8h | 0.9917 | +0.243% | — | $6.5M | — | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9882 | −0.111% | $158K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9913 | +0.205% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9920 | +0.273% | $499K | $528K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9918 | +0.253% | $8.0M | $16.1M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9896 | +0.032% | $441K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9893 | +0.004% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9887 | −0.065% | $287K | $790K | 10x | as long as short |
| Orderly PERP_FIL_USDC_mythosshort | +0.0100% | 4h | 0.9927 | +0.347% | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9880 | −0.131% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9885 | −0.081% | $491 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9895 | +0.020% | $627K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9890 | −0.030% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0189% | 8h | 0.9884 | −0.091% | $2.7M | $606K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0573% / S −0.0666% | 1h | 0.9921 | +0.283% | $197K | — | 100x | as long as short |
Deribit FIL_USDC-PERPETUAL
ApeX Omni FILUSDT
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
KuCoin FILUSDTM
Bitget FILUSDT
OKX FIL-USDT-SWAP
Bybit FILUSDT
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]