Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%
Price spread now: Phemex against MEXC+0.091%50s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.091%, 7d avg +0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.061% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.031%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 0.9851 | 0.0100 | pay 0.0100% / 8h | 1h 32m | $229K | $104K | 50x |
| Short | Phemex FILUSDT | 0.9860 | 0.0100 | get 0.0100% / 8h | 1h 32m | $1.2M | $2.6M | 50x |
MEXC FIL_USDC
Phemex FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against MEXC. 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
- Price spread: +0.091% → +0.031%
- $6.05
- Slippage, 4 orders
- −$69.89
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$75.84
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 57 min ago; Phemex: live order book, 1 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 MEXC live order book, 57 min ago | 3.55 bp | 7.1 bp −$7 | 16.2 bp −$162 | 81.4 bp −$8,141 | doesn't fit |
| Sell Phemex live order book, 1 min ago | 10.14 bp | 31.9 bp −$32 | 91.2 bp −$912 | 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 | −0.0560% | 1h | 0.9870 | +0.193% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0248% | 1h | 0.9919 | +0.690% | $352K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9857 | +0.058% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9860 | +0.086% | $57K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.041% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0047% | 8h | 0.9854 | +0.030% | $17.9M | $108.5M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0056% | 8h | 0.9857 | +0.061% | $7.0M | $8.0M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9859 | +0.085% | $147K | $355K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9856 | +0.047% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9859 | +0.083% | $502K | $608K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9854 | +0.032% | $55.5M | $187.4M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9852 | +0.010% | $15.5M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9856 | +0.051% | $8.2M | $16.7M | 50x | as long as short |
| MEXC FIL_USDClong | +0.0100% | 8h | 0.9851 | long leg | $229K | $104K | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 0.9850 | −0.010% | $11.2M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9852 | +0.010% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9865 | +0.140% | $439K | $273K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9881 | +0.307% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9882 | +0.319% | $293K | $1.3M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9880 | +0.294% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9866 | +0.147% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.091% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9864 | +0.132% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9875 | +0.244% | $613K | $5.6M | 75x | as long as short |
| Phemex FILUSDTshort | +0.0100% | 8h | 0.9860 | +0.091% | $1.2M | $2.6M | 50x | |
| Extended FIL-USD | +0.0104% | 1h | 0.9853 | +0.018% | $693K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9870 | +0.193% | $2.6M | $674K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0247% | 1h | 0.9871 | +0.204% | $1.3M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0599% / S −0.0280% | 1h | 0.9858 | +0.075% | $264K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
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
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]