Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Gate−0.010%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.010%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FIL_USDT | 0.9924 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $7.9M | $16.3M | 50x |
| Short | KuCoin FILUSDTM | 0.9923 | 0.0014 | get 0.0014% / 8h | 1h 08m | $7.4M | $7.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$18.06
- Price spread: −0.010% → −0.001%
- −$0.94
- Slippage, 4 orders
- −$32.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$78.65
- Costs to cover
- 0.596%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 4 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 Gate live order book, 5 min ago | 1.01 bp | 18.7 bp −$19 | 28.9 bp −$289 | 47.7 bp −$4,772 | 76.1 bp −$38.0K |
| Sell KuCoin live order book, 4 min ago | 2.01 bp | 15.8 bp −$16 | 42.6 bp −$426 | doesn't fit | 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-PERPETUAL | −0.0756% | 1h | 0.9929 | +0.050% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0691% | 1h | 0.9929 | +0.051% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9929 | +0.050% | $319K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.695% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9926 | +0.021% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9930 | +0.064% | $58K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0008% | 8h | 0.9921 | −0.030% | $10.8M | $21.6M | 75x | as long as short |
| KuCoin FILUSDTMshort | +0.0014% | 8h | 0.9923 | −0.010% | $7.4M | $7.0M | 50x | |
| Bybit FILUSDT | +0.0034% | 8h | 0.9925 | +0.010% | $15.4M | $18.1M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0038% | 8h | 0.9925 | +0.010% | $18.2M | $98.4M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0075% | 8h | 0.9920 | −0.040% | $252K | $105K | 50x | as long as short |
| Binance FILUSDT | +0.0076% | 8h | 0.9925 | +0.005% | $57.4M | $176.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0078% | 8h | 0.9924 | 0.000% | — | $11.9M | — | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9924 | −0.001% | $692K | $2.3M | 10x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9919 | −0.051% | $159K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9926 | +0.017% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9930 | +0.060% | $499K | $525K | 20x | as long as short |
| Gate FIL_USDTlong | +0.0100% | 8h | 0.9924 | long leg | $7.9M | $16.3M | 50x | |
| Variational Omni FIL | +0.0100% | 8h | 0.9926 | +0.022% | $442K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9925 | +0.008% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9921 | −0.027% | $288K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | −0.040% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9932 | +0.080% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.141% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9923 | −0.010% | $492 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9930 | +0.060% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9930 | +0.060% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0196% | 8h | 0.9922 | −0.020% | $2.7M | $659K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0709% | 1h | 0.9925 | +0.014% | $207K | — | 100x | as long as short |
Gate FIL_USDT
KuCoin FILUSDTM
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
Bitget FILUSDT
Bybit FILUSDT
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Binance FILUSDT
BingX FIL-USDT
Extended FIL-USD
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]