Funding you earn now, next payment 09:00 UTC−0.3275%/8h= −358.6% APRnext payment −$4.09 per $10,000 · paid last 24h −0.181%
Price spread now: Deribit against dYdX−0.287%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−0.265%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$98 a day on $10k at the current rate, and Deribit is 0.287% cheaper against dYdX than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.265% in total (about -13.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.09 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 | dYdX FIL-USD | 0.9923 | 0 | get 0.0000% / 1h | 58m 53s | $58K | $1K | 10x |
| Short | Deribit FIL_USDC-PERPETUAL | 0.9894 | −0.3275 | pay 0.0409% / 1h | 58m 53s | $170K | $23K | 25x |
dYdX FIL-USD
Deribit FIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. 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
- −$687.75
- Price spread: −0.287% → 0.000%
- −$28.73
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$733.48
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Deribit: live order book, 40 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 40 min ago | 6.07 bp | 11.6 bp −$12 | 19.6 bp −$196 | doesn't fit | doesn't fit |
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-PERPETUALshort | −0.3275% | 1h | 0.9894 | −0.287% | $170K | $23K | 25x | |
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9930 | +0.076% | $355K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9917 | −0.056% | $25K | — | 150x | as long as short |
| dYdX FIL-USDlong | 0.0000% | 1h | 0.9923 | long leg | $58K | $1K | 10x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.680% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0086% | 8h | 0.9922 | −0.005% | $7.1M | $7.8M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9914 | −0.088% | $145K | $344K | 5x | as long as short |
| Kraken Futures PF_FILUSD | +0.0098% | 1h | 0.9922 | −0.010% | $1.4M | $2.1M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9926 | +0.033% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9934 | +0.115% | $506K | $557K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Kraken Futures PF_FILUSD
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 | 0.9932 | +0.092% | $56.1M | $183.4M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9926 | +0.035% | $15.4M | $20.4M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9929 | +0.065% | $17.6M | $107.8M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9930 | +0.076% | $8.3M | $16.1M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9915 | −0.076% | $230K | $97K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9923 | +0.005% | $11.1M | $19.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9929 | +0.065% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9920 | −0.024% | $442K | $281K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9913 | −0.099% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9925 | +0.025% | $292K | $1.5M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | −0.025% | $27K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9925 | +0.023% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.126% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9916 | −0.066% | $472 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9929 | +0.065% | $618K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | −0.025% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9920 | −0.028% | $697K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9916 | −0.066% | $2.6M | $659K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0602% / S −0.0280% | 1h | 0.9916 | −0.065% | $265K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
OKX FIL-USDT-SWAP
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
GMX FIL/USD [WBTC.b-USDC]