Funding you earn now, next payment 00:00 UTC−0.0428%/8h= −46.9% APRpaid last 24h −0.140%
Price spread now: Coinbase International against Orderly−0.048%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 −$13 a day on $10k at the current rate, and Coinbase International is 0.048% 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 | 0.9867 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $5K | — | 10x |
| Short | Coinbase International FIL-PERP-INTX | 0.9862 | −0.0328 | pay 0.0041% / 1h | 40m 00s | $316K | $1.8M | 50x |
Orderly PERP_FIL_USDC_mythos
Coinbase International FIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$89.88
- Price spread: −0.048% → 0.000%
- −$4.76
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$110.64
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago | 6.07 bp | 13.1 bp −$13 | 16.6 bp −$166 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0763% | 1h | 0.9861 | −0.058% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0333% | 1h | 0.9857 | −0.095% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTXshort | −0.0328% | 1h | 0.9862 | −0.048% | $316K | $1.8M | 50x | |
| KuCoin FILUSDTM | −0.0040% | 8h | 0.9855 | −0.119% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0032% | 8h | 0.9845 | −0.220% | $17.9M | $98.4M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9860 | −0.067% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9860 | −0.064% | $57K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9842 | −0.255% | $690K | $3.2M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.119% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0035% | 8h | 0.9849 | −0.179% | $56.8M | $179.0M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Injective FIL/USDC PERP
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FILUSDT | +0.0059% | 8h | 0.9845 | −0.220% | $10.8M | $21.5M | 75x | as long as short |
| MEXC FIL_USDC | +0.0060% | 8h | 0.9841 | −0.260% | $247K | $104K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9848 | −0.186% | $159K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9854 | −0.127% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9860 | −0.068% | $493K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9847 | −0.200% | $15.3M | $18.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9854 | −0.129% | $8.2M | $16.1M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9852 | −0.149% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9882 | +0.155% | $443K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9881 | +0.145% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9890 | +0.231% | $292K | $812K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | +0.033% | $30K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythoslong | +0.0100% | 4h | 0.9867 | long leg | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.169% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9851 | −0.159% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9870 | +0.033% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.169% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0138% | 8h | 0.9875 | +0.084% | $2.7M | $571K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0538% / S −0.0538% | 1h | 0.9860 | −0.068% | $196K | — | 100x | as long as short |
Bitget FILUSDT
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDC
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]