Funding you earn now, next payment 02:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.027%
Price spread now: Phemex against Extended−0.074%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now −0.074%, 7d avg +0.029%
=Together, before fees+0.151%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phemex is 0.102% cheaper against Extended than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.029%). If the spread goes back, that is −$10 on $10k: about 5.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FIL-USD | 1.0047 | 0.0040 | pay 0.0005% / 1h | 25m 03s | $706K | $3.3M | 10x |
| Short | Phemex FILUSDT | 1.0040 | 0.0100 | get 0.0100% / 8h | 6h 25m | $1.1M | $2.3M | 50x |
Extended FIL-USD
Phemex FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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
- $12.6
- Price spread: −0.074% → +0.029%
- −$10.22
- Slippage, 4 orders
- −$69.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$84.01
- Costs to cover
- 0.864%
- Break-even
- 53.7 days
Slippage from Extended: live order book, 4 min ago; Phemex: 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 Extended live order book, 4 min ago | 2.00 bp | 8.2 bp −$8 | 85.0 bp −$850 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 4.97 bp | 36.5 bp −$37 | 109.1 bp −$1,091 | doesn't fit | doesn't fit |
FIL on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 1.0033 | −0.143% | $382K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0247% | 1h | 1.0056 | +0.086% | $173K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0190% | 1h | 1.0052 | +0.048% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0051% | 8h | 1.0036 | −0.113% | $18.6M | $99.9M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0036% | 8h | 1.0045 | −0.024% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0052 | +0.050% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0031 | −0.167% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.915% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0038% | 8h | 1.0040 | −0.074% | $58.1M | $179.9M | 75x | as long as short |
| Extended FIL-USDlong | +0.0040% | 1h | 1.0047 | long leg | $706K | $3.3M | 10x |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Binance FILUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0077% | 8h | 1.0038 | −0.093% | $246K | $105K | 50x | as long as short |
| Gate FIL_USDT | +0.0078% | 8h | 1.0044 | −0.034% | $8.4M | $16.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0046 | −0.017% | $161K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0043 | −0.044% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0041 | −0.065% | $514K | $582K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0044 | −0.034% | $15.9M | $19.0M | 25x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0043 | −0.044% | $11.1M | $21.3M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0042 | −0.054% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0060 | +0.124% | $453K | $269K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0083 | +0.357% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0087 | +0.393% | $294K | $872K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0010 | −0.372% | $30K | $188K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0059 | +0.117% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | −0.074% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0045 | −0.024% | $491 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0040 | −0.074% | $652K | $5.8M | 75x | as long as short |
| Phemex FILUSDTshort | +0.0100% | 8h | 1.0040 | −0.074% | $1.1M | $2.3M | 50x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0051 | +0.038% | $268K | — | 100x | as long as short |
MEXC FIL_USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Bitget FILUSDT
BingX FIL-USDT
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
GMX FIL/USD [WBTC.b-USDC]