Settings8H · net · $10k
Funding arb · Price arb /

FIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0252%/8h= −27.6% APRnext payment $0.32 per $10,000 · paid last 24h +0.059%
Price spread now: Injective against dYdX−0.708%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 0.708% cheaper against dYdX than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.157%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX FIL-USD0.99250get 0.0000% / 1h10m 42s$58K$2K10x
ShortInjective FIL/USDC PERP0.9855−0.0252pay 0.0032% / 1h10m 42s$2K$240K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$52.95
Price spread: −0.708% → 0.000%
−$70.83
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$133.8
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Injective no order-book sample
dYdX and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_FILUSD−0.0691%1h0.9931+0.054%$1.3M$2.3M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0655%1h0.9935+0.098%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9929+0.037%$319K$1.9M50xas long as short
Injective FIL/USDC PERPshort−0.0252%1h0.9855−0.708%$2K$240K12x
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9932+0.069%$25K150xas long as short
dYdX FIL-USDlong0.0000%1h0.9925long leg$58K$2K10x
Bitget FILUSDT+0.0008%8h0.9913−0.124%$10.8M$21.6M75xas long as short
KuCoin FILUSDTM+0.0013%8h0.9922−0.033%$7.4M$7.0M50xas long as short
Bybit FILUSDT+0.0033%8h0.9917−0.084%$15.4M$18.1M25xas long as short
OKX FIL-USDT-SWAP+0.0039%8h0.9916−0.094%$18.2M$98.3M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0076%8h0.9919−0.064%$252K$105K50xas long as short
Binance FILUSDT+0.0077%8h0.9917−0.080%$57.4M$176.3M75xas long as short
Extended FIL-USD+0.0080%1h0.9913−0.128%$692K$2.3M10xas long as short
BingX FIL-USDT+0.0080%8h0.9917−0.084%$11.9Mas long as short
Lighter FIL+0.0096%1h0.9916−0.098%$159K$349K5xas long as short
Hyperliquid FIL+0.0100%1h0.9924−0.012%$8.7M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9928+0.023%$499K$525K20xas long as short
Gate FIL_USDT+0.0100%8h0.9915−0.104%$7.9M$16.3M50xas long as short
Variational Omni FIL+0.0100%8h0.9909−0.162%$441K$277Kas long as short
edgeX FILUSDC+0.0100%4h0.9918−0.074%$45K$292K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9921−0.040%$288K$790K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9920−0.053%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9937+0.113%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9920−0.053%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9926+0.007%$492$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9932+0.067%$628K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9930+0.047%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0198%8h0.9923−0.023%$2.7M$659K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0601% / S −0.0709%1h0.9932+0.065%$208K100xas long as short