Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against Phemex+0.038%7-day average — · you sell dearer than you buy
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.038% dearer against Phemex than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex FILUSDT | 0.9910 | 0.0100 | pay 0.0100% / 8h | 51m 45s | $1.1M | $2.3M | 50x |
| Short | Orderly PERP_FIL_USDC_mythos | 0.9914 | 0.0100 | get 0.0050% / 4h | 51m 45s | $5K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Phemex. 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
- $0
- Price spread: +0.038% → 0.000%
- $3.83
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$14.17
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Orderly: no order-book sample. 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 Phemex live order book, 2 min ago | 10.07 bp | 35.2 bp −$35 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | −0.1060% | 1h | 0.9911 | +0.010% | $171K | $23K | 25x | as long as short |
| ApeX Omni FILUSDT | −0.0508% | 1h | 0.9900 | −0.101% | $30K | $197K | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0393% | 1h | 0.9910 | 0.000% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9927 | +0.172% | $320K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.555% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9909 | −0.008% | $25K | — | 150x | as long as short |
| KuCoin FILUSDTM | −0.0001% | 8h | 0.9904 | −0.061% | $7.4M | $7.1M | 50x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9920 | +0.097% | $58K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0022% | 8h | 0.9906 | −0.040% | $11.0M | $21.6M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0026% | 8h | 0.9906 | −0.040% | $18.2M | $98.9M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FILUSDT | +0.0043% | 8h | 0.9908 | −0.020% | $15.4M | $18.2M | 25x | as long as short |
| Extended FIL-USD | +0.0064% | 1h | 0.9904 | −0.060% | $692K | $2.3M | 10x | as long as short |
| MEXC FIL_USDC | +0.0064% | 8h | 0.9904 | −0.061% | $252K | $103K | 50x | as long as short |
| Binance FILUSDT | +0.0065% | 8h | 0.9905 | −0.050% | $57.3M | $178.0M | 75x | as long as short |
| BingX FIL-USDC | +0.0075% | 8h | 0.9906 | −0.040% | — | $6.5M | — | as long as short |
| Lighter FIL | +0.0088% | 1h | 0.9902 | −0.084% | $159K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9909 | −0.009% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9913 | +0.028% | $499K | $529K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9907 | −0.030% | $7.9M | $16.2M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9896 | −0.140% | $441K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9884 | −0.261% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9884 | −0.261% | $293K | $798K | 10x | as long as short |
| Orderly PERP_FIL_USDC_mythosshort | +0.0100% | 4h | 0.9914 | +0.038% | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9900 | −0.101% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9905 | −0.050% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9912 | +0.020% | $632K | $5.7M | 75x | as long as short |
| Phemex FILUSDTlong | +0.0100% | 8h | 0.9910 | long leg | $1.1M | $2.3M | 50x | |
| BloFin FIL-USDT | +0.0187% | 8h | 0.9915 | +0.050% | $2.7M | $556K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0572% / S −0.0666% | 1h | 0.9906 | −0.036% | $197K | — | 100x | as long as short |
Phemex FILUSDT
Deribit FIL_USDC-PERPETUAL
ApeX Omni FILUSDT
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
KuCoin FILUSDTM
Bitget FILUSDT
OKX FIL-USDT-SWAP
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]