Funding you earn now, next payment 00:00 UTC−0.1058%/8h= −115.9% APRpaid last 24h −0.160%
Price spread now: Deribit against Orderly−0.033%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 −$32 a day on $10k at the current rate, and Deribit is 0.033% cheaper against Orderly than usual: you would sell low and buy high (−$3 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 | 0.9927 | 0.0100 | pay 0.0050% / 4h | 53m 40s | $5K | — | 10x |
| Short | Deribit FIL_USDC-PERPETUAL | 0.9924 | −0.0958 | pay 0.0120% / 1h | 53m 40s | $171K | $23K | 25x |
Orderly PERP_FIL_USDC_mythos
Deribit FIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$222.18
- Price spread: −0.033% → 0.000%
- −$3.32
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$238.5
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 25 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 Deribit live order book, 25 min ago | 3.03 bp | 6.5 bp −$7 | 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-PERPETUALshort | −0.0958% | 1h | 0.9924 | −0.033% | $171K | $23K | 25x | |
| ApeX Omni FILUSDT | −0.0508% | 1h | 0.9900 | −0.275% | $30K | $197K | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0392% | 1h | 0.9925 | −0.021% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9890 | −0.376% | $319K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.728% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9922 | −0.051% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9916 | −0.112% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0002% | 8h | 0.9921 | −0.063% | $7.4M | $7.1M | 50x | as long as short |
| Bitget FILUSDT | +0.0021% | 8h | 0.9922 | −0.053% | $11.0M | $21.6M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0029% | 8h | 0.9921 | −0.063% | $18.2M | $99.0M | 50x | as long as short |
ApeX Omni FILUSDT
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Bitget FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FILUSDT | +0.0043% | 8h | 0.9930 | +0.027% | $15.5M | $18.2M | 25x | as long as short |
| Extended FIL-USD | +0.0064% | 1h | 0.9924 | −0.038% | $692K | $2.3M | 10x | as long as short |
| MEXC FIL_USDC | +0.0064% | 8h | 0.9922 | −0.053% | $252K | $103K | 50x | as long as short |
| Binance FILUSDT | +0.0067% | 8h | 0.9922 | −0.053% | $57.4M | $177.8M | 75x | as long as short |
| BingX FIL-USDC | +0.0075% | 8h | 0.9923 | −0.043% | — | $6.5M | — | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9910 | −0.177% | $159K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9917 | −0.105% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9921 | −0.066% | $499K | $529K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9923 | −0.043% | $8.0M | $16.1M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9896 | −0.314% | $441K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9893 | −0.341% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9887 | −0.410% | $287K | $790K | 10x | as long as short |
| Orderly PERP_FIL_USDC_mythoslong | +0.0100% | 4h | 0.9927 | long leg | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.174% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9916 | −0.114% | $487 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9921 | −0.063% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9930 | +0.027% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0189% | 8h | 0.9884 | −0.436% | $2.7M | $606K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0573% / S −0.0666% | 1h | 0.9921 | −0.064% | $197K | — | 100x | as long as short |
Bybit FILUSDT
Extended FIL-USD
MEXC FIL_USDC
Binance FILUSDT
BingX FIL-USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]