Funding you earn now, next payment 04:00 UTC−0.0070%/8h= −7.6% APRpaid last 24h −0.029%
Price spread now: Binance against Orderly−0.054%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.054% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FIL_USDC_mythos | 0.9986 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $5K | — | 10x |
| Short | Binance FILUSDT | 0.9981 | 0.0030 | get 0.0030% / 8h | 7h 16m | $57.7M | $177.8M | 75x |
Orderly PERP_FIL_USDC_mythos
Binance FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- −$14.64
- Price spread: −0.054% → 0.000%
- −$5.35
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.99
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 12 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 0.51 bp | 7.3 bp −$7 | 16.7 bp −$167 | 54.9 bp −$5,494 | doesn't fit |
Orderly: 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 | −0.0328% | 1h | 0.9985 | −0.013% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9960 | −0.262% | $320K | $1.8M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0251% | 1h | 0.9985 | −0.012% | $172K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0040% | 8h | 0.9982 | −0.042% | $18.2M | $98.1M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 0.9984 | −0.022% | $7.5M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9975 | −0.112% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9968 | −0.185% | $58K | $2K | 10x | as long as short |
| Binance FILUSDTshort | +0.0030% | 8h | 0.9981 | −0.054% | $57.7M | $177.8M | 75x | |
| Extended FIL-USD | +0.0032% | 1h | 0.9974 | −0.118% | $698K | $3.3M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.314% | $2K | $240K | 12x | as long as short |
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0066% | 8h | 0.9974 | −0.122% | $246K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0073% | 8h | 0.9978 | −0.082% | $11.0M | $21.2M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9978 | −0.085% | $159K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9970 | −0.157% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9975 | −0.111% | $508K | $566K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9984 | −0.022% | $15.6M | $18.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9974 | −0.122% | $8.3M | $16.2M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9970 | −0.162% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9967 | −0.188% | $449K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9917 | −0.694% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9921 | −0.651% | $295K | $837K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | −0.663% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythoslong | +0.0100% | 4h | 0.9986 | long leg | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9980 | −0.062% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9978 | −0.082% | $493 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9983 | −0.032% | $638K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9980 | −0.062% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0121% | 8h | 0.9957 | −0.292% | $2.7M | $590K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0544% / S −0.0538% | 1h | 0.9974 | −0.122% | $198K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]