Funding you earn now, next payment 23:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h −0.046%
Price spread now: BingX against Injective+0.751%7-day average −2.177% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)+0.664%+$66 · spread now +0.751%, 7d avg −2.177%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 2.928% dearer against Injective than usual: you sell high and buy low: +$293 more if the spread goes back to its 7-day average of −2.177%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment. 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 | Injective FIL/USDC PERP | 0.9855 | −0.0252 | get 0.0032% / 1h | 12m 44s | $2K | $240K | 12x |
| Short | BingX FIL-USDT | 0.9929 | 0.0080 | get 0.0080% / 8h | 1h 12m | — | $11.9M | — |
Injective FIL/USDC PERP
BingX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $69.75
- Price spread: +0.751% → −2.177%
- $292.81
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $352.54
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 5 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 1.01 bp | 6.5 bp −$7 | 9.2 bp −$92 | 21.3 bp −$2,126 | 45.0 bp −$22.5K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0692% | 1h | 0.9925 | +0.711% | $1.3M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0555% | 1h | 0.9930 | +0.761% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9917 | +0.629% | $318K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERPlong | −0.0252% | 1h | 0.9855 | long leg | $2K | $240K | 12x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9924 | +0.700% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9939 | +0.852% | $58K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0006% | 8h | 0.9935 | +0.812% | $10.9M | $21.6M | 75x | as long as short |
| KuCoin FILUSDTM | +0.0010% | 8h | 0.9933 | +0.791% | $7.4M | $7.0M | 50x | as long as short |
| Bybit FILUSDT | +0.0033% | 8h | 0.9933 | +0.791% | $15.5M | $18.1M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0039% | 8h | 0.9929 | +0.751% | $18.2M | $98.4M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bitget FILUSDT
KuCoin FILUSDTM
Bybit FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0076% | 8h | 0.9924 | +0.700% | $252K | $105K | 50x | as long as short |
| Binance FILUSDT | +0.0078% | 8h | 0.9938 | +0.839% | $57.4M | $176.2M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9923 | +0.690% | $692K | $2.3M | 10x | as long as short |
| BingX FIL-USDTshort | +0.0080% | 8h | 0.9929 | +0.751% | — | $11.9M | — | |
| Lighter FIL | +0.0096% | 1h | 0.9932 | +0.779% | $159K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9934 | +0.800% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9935 | +0.808% | $499K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9928 | +0.741% | $7.9M | $16.3M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9909 | +0.551% | $441K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9901 | +0.467% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9902 | +0.476% | $288K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9900 | +0.457% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9929 | +0.754% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | +0.558% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9923 | +0.690% | $491 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9915 | +0.609% | $627K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | +0.660% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0198% | 8h | 0.9919 | +0.649% | $2.7M | $659K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0709% | 1h | 0.9925 | +0.715% | $207K | — | 100x | as long as short |
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Gate 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
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]