Funding you earn now, next payment 23:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.039%
Price spread now: Bybit against SoDEX−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$3 a day on $10k at the current rate, and Bybit is 0.020% cheaper against SoDEX than usual: you would sell low and buy high (−$2 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 | SoDEX FIL-USD | 0.9885 | 0.0100 | pay 0.0013% / 1h | 32m 49s | $486 | $11K | 5x |
| Short | Bybit FILUSDT | 0.9883 | 0.0006 | get 0.0006% / 8h | 1h 32m | $15.5M | $18.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SoDEX. 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
- −$19.83
- Price spread: −0.020% → 0.000%
- −$2.02
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$40.86
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 1 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 0.51 bp | 11.8 bp −$12 | 32.9 bp −$329 | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0694% | 1h | 0.9891 | +0.062% | $1.4M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0457% | 1h | 0.9899 | +0.142% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9872 | −0.132% | $317K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.303% | $2K | $240K | 12x | as long as short |
| Bitget FILUSDT | −0.0016% | 8h | 0.9882 | −0.030% | $11.0M | $21.5M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9895 | +0.097% | $25K | — | 150x | as long as short |
| Lighter FIL | 0.0000% | 1h | 0.9884 | −0.013% | $158K | $349K | 5x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9890 | +0.050% | $58K | $2K | 10x | as long as short |
| Bybit FILUSDTshort | +0.0006% | 8h | 0.9883 | −0.020% | $15.5M | $18.0M | 25x | |
| KuCoin FILUSDTM | +0.0011% | 8h | 0.9882 | −0.030% | $7.4M | $7.0M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0030% | 8h | 0.9879 | −0.061% | $18.1M | $97.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0074% | 8h | 0.9881 | −0.040% | $251K | $104K | 50x | as long as short |
| Binance FILUSDT | +0.0076% | 8h | 0.9878 | −0.071% | $56.8M | $175.1M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9876 | −0.092% | $689K | $2.3M | 10x | as long as short |
| BingX FIL-USDC | +0.0080% | 8h | 0.9882 | −0.030% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0099% | 8h | 0.9875 | −0.097% | $439K | $277K | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9883 | −0.015% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9886 | +0.008% | $496K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9884 | −0.010% | $7.8M | $16.2M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9864 | −0.216% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9868 | −0.175% | $287K | $803K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | −0.253% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9898 | +0.126% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9880 | −0.051% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USDlong | +0.0100% | 1h | 0.9885 | long leg | $486 | $11K | 5x | |
| HTX FIL-USDT | +0.0100% | 8h | 0.9898 | +0.132% | $626K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9880 | −0.051% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0196% | 8h | 0.9887 | +0.020% | $2.7M | $657K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0598% / S −0.0709% | 1h | 0.9893 | +0.082% | $207K | — | 100x | as long as short |
SoDEX FIL-USD
Bybit FILUSDT
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
Lighter FIL
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDC
Variational Omni FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]