Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX−0.030%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)−0.571%−$57 · spread now −0.030%, 7d avg −0.174%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.144% dearer against HTX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX FIL-USDT | 1.0053 | 0.0100 | pay 0.0100% / 8h | 5h 40m | $639K | $5.7M | 75x |
| Short | Phemex FILUSDT | 1.0050 | 0.0097 | get 0.0097% / 8h | 5h 40m | $1.1M | $2.5M | 50x |
HTX FIL-USDT
Phemex FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against HTX. 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
- −$0.59
- Price spread: −0.030% → −0.174%
- $14.41
- Slippage, 4 orders
- −$95.98
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$106.15
- Costs to cover
- 1.200%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 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 HTX live order book, 3 min ago | 5.98 bp | 14.3 bp −$14 | 50.8 bp −$508 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 9.97 bp | 53.0 bp −$53 | 129.8 bp −$1,298 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0074 | +0.209% | $382K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0054 | +0.009% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0061% | 8h | 1.0058 | +0.050% | $18.9M | $100.4M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0048% | 1h | 1.0058 | +0.050% | $173K | $23K | 25x | as long as short |
| KuCoin FILUSDTM | −0.0038% | 8h | 1.0055 | +0.020% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0060 | +0.073% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0060 | +0.070% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.970% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0056% | 8h | 1.0058 | +0.055% | $58.2M | $177.7M | 75x | as long as short |
| Extended FIL-USD | +0.0056% | 1h | 1.0056 | +0.032% | $712K | $3.3M | 10x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
Deribit FIL_USDC-PERPETUAL
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0084% | 8h | 1.0051 | −0.020% | $244K | $103K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0056 | +0.030% | $160K | $352K | 5x | as long as short |
| Phemex FILUSDTshort | +0.0097% | 8h | 1.0050 | −0.030% | $1.1M | $2.5M | 50x | |
| Hyperliquid FIL | +0.0100% | 1h | 1.0057 | +0.045% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0065 | +0.123% | $513K | $577K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0057 | +0.040% | $15.7M | $19.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0060 | +0.070% | $8.5M | $16.4M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0056 | +0.030% | $11.0M | $20.1M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0058 | +0.050% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0054 | +0.005% | $453K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0031 | −0.216% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0045 | −0.083% | $301K | $869K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0030 | −0.229% | $30K | $186K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0065 | +0.123% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | −0.129% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0046 | −0.070% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDTlong | +0.0100% | 8h | 1.0053 | long leg | $639K | $5.7M | 75x | |
| BloFin FIL-USDT | +0.0175% | 8h | 1.0054 | +0.010% | $2.8M | $640K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0577% / S −0.0237% | 1h | 1.0062 | +0.090% | $269K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]