Funding you earn now, next payment 00:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.048%
Price spread now: SunX against OKX+0.081%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2092.086% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.081%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.034% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 0.9882 | 0.0025 | pay 0.0025% / 8h | 49m 19s | $18.2M | $98.6M | 50x |
| Short | SunX FIL-USDT | 0.9890 | 0.0100 | get 0.0100% / 8h | 49m 19s | $3K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $15.72
- Price spread: +0.081% → +0.047%
- $3.39
- Slippage, 4 orders
- −$190.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$189.48
- Costs to cover
- 2.086%
- Break-even
- 91.4 days
Slippage from OKX: live order book, 5 min ago; SunX: 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 OKX live order book, 5 min ago | 0.50 bp | 9.0 bp −$9 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 25.21 bp | 123.8 bp −$124 | 423.1 bp −$4,231 | 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 | −0.1062% | 1h | 0.9892 | +0.101% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0393% | 1h | 0.9891 | +0.089% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9907 | +0.253% | $320K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.273% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0005% | 8h | 0.9892 | +0.101% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9894 | +0.125% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9905 | +0.231% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAPlong | +0.0025% | 8h | 0.9882 | long leg | $18.2M | $98.6M | 50x | |
| Bitget FILUSDT | +0.0026% | 8h | 0.9884 | +0.020% | $11.0M | $21.5M | 75x | as long as short |
| Bybit FILUSDT | +0.0045% | 8h | 0.9886 | +0.040% | $15.4M | $18.2M | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0062% | 8h | 0.9884 | +0.020% | $57.3M | $177.8M | 75x | as long as short |
| MEXC FIL_USDC | +0.0062% | 8h | 0.9885 | +0.030% | $251K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0064% | 1h | 0.9879 | −0.030% | $693K | $2.3M | 10x | as long as short |
| BingX FIL-USDT | +0.0068% | 8h | 0.9889 | +0.071% | — | $11.9M | — | as long as short |
| Lighter FIL | +0.0080% | 1h | 0.9880 | −0.021% | $159K | $347K | 5x | as long as short |
| Gate FIL_USDT | +0.0096% | 8h | 0.9891 | +0.091% | $7.9M | $16.2M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9891 | +0.096% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9894 | +0.124% | $498K | $529K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9911 | +0.296% | $441K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9906 | +0.244% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9909 | +0.268% | $289K | $807K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9910 | +0.283% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9895 | +0.134% | $5K | — | 10x | as long as short |
| SunX FIL-USDTshort | +0.0100% | 8h | 0.9890 | +0.081% | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9885 | +0.030% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9894 | +0.121% | $632K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | +0.182% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0182% | 8h | 0.9885 | +0.030% | $2.7M | $555K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0572% / S −0.0666% | 1h | 0.9892 | +0.102% | $197K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
SunX FIL-USDT
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Bitget FILUSDT
Bybit FILUSDT
Binance FILUSDT
MEXC FIL_USDC
Extended FIL-USD
BingX FIL-USDT
Lighter FIL
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]