Funding you earn now, next payment 09:00 UTC−0.0655%/8h= −71.7% APRpaid last 24h −0.154%
Price spread now: Deribit against OKX+0.081%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days−0.298%−$30 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.081%, 7d avg +0.094%
=The price spread sits at its 7-day average of +0.094%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.298% in total (about -15.5% 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 | OKX FIL-USDT-SWAP | 0.9920 | 0.0100 | pay 0.0100% / 8h | 7h 58m | $17.6M | $107.5M | 50x |
| Short | Deribit FIL_USDC-PERPETUAL | 0.9928 | −0.0555 | pay 0.0069% / 1h | 58m 11s | $171K | $23K | 25x |
OKX FIL-USDT-SWAP
Deribit FIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- −$137.55
- Price spread: +0.081% → +0.094%
- −$1.33
- Slippage, 4 orders
- −$29.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$185.42
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; Deribit: live order book, 40 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 OKX live order book, 6 min ago | 0.50 bp | 8.3 bp −$8 | 14.6 bp −$146 | 97.6 bp −$9,764 | doesn't fit |
| Sell Deribit live order book, 40 min ago | 6.07 bp | 11.6 bp −$12 | 19.6 bp −$196 | 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-PERPETUALshort | −0.0555% | 1h | 0.9928 | +0.081% | $171K | $23K | 25x | |
| Bybit FILUSDT | −0.0138% | 8h | 0.9920 | 0.000% | $15.4M | $20.4M | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9930 | +0.101% | $355K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9930 | +0.101% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9929 | +0.087% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.655% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0085% | 8h | 0.9921 | +0.010% | $7.1M | $7.8M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9920 | +0.004% | $145K | $344K | 5x | as long as short |
| Kraken Futures PF_FILUSD | +0.0098% | 1h | 0.9928 | +0.081% | $1.4M | $2.1M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9927 | +0.066% | $8.3M | $9.4M | 5x | as long as short |
Bybit FILUSDT
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Kraken Futures PF_FILUSD
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9928 | +0.085% | $506K | $557K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9923 | +0.025% | $56.0M | $183.5M | 75x | as long as short |
| OKX FIL-USDT-SWAPlong | +0.0100% | 8h | 0.9920 | long leg | $17.6M | $107.5M | 50x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9927 | +0.071% | $8.3M | $16.1M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9922 | +0.020% | $230K | $97K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9923 | +0.030% | $11.1M | $19.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9922 | +0.020% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9920 | +0.002% | $442K | $281K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9913 | −0.074% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9925 | +0.051% | $292K | $1.5M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | 0.000% | $27K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9938 | +0.184% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9920 | 0.000% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9923 | +0.030% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9933 | +0.131% | $618K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | 0.000% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9923 | +0.027% | $697K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9916 | −0.040% | $2.6M | $659K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0602% / S −0.0280% | 1h | 0.9927 | +0.070% | $266K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
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
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]