Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.022%
Price spread now: Binance against SunX+0.036%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2352.354% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.036%, 7d avg −0.003%
=The price spread pays, funding is against you. Binance is 0.038% dearer against SunX than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.003%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX FIL-USDT | 0.9830 | 0.0100 | pay 0.0100% / 8h | 30m 15s | $3K | $1.1M | 20x |
| Short | Binance FILUSDT | 0.9834 | 0.0049 | get 0.0049% / 8h | 30m 15s | $57.0M | $178.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- −$10.74
- Price spread: +0.036% → −0.003%
- $3.85
- Slippage, 4 orders
- −$217.38
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$242.27
- Costs to cover
- 2.354%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; Binance: live order book, 13 min ago.
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 SunX live order book, 3 min ago | 20.28 bp | 111.5 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.51 bp | 7.2 bp −$7 | 14.4 bp −$144 | 51.2 bp −$5,121 | doesn't fit |
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 | −0.0968% | 1h | 0.9843 | +0.132% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0395% | 1h | 0.9841 | +0.112% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9840 | +0.102% | $315K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.254% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0017% | 8h | 0.9835 | +0.051% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9840 | +0.102% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9836 | +0.060% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0013% | 8h | 0.9832 | +0.020% | $18.0M | $98.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0030% | 8h | 0.9833 | +0.031% | $10.9M | $21.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0046% | 8h | 0.9835 | +0.051% | $15.3M | $18.3M | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USD | +0.0048% | 1h | 0.9834 | +0.038% | $689K | $2.3M | 10x | as long as short |
| Binance FILUSDTshort | +0.0049% | 8h | 0.9834 | +0.036% | $57.0M | $178.8M | 75x | |
| BingX FIL-USDT | +0.0051% | 8h | 0.9836 | +0.061% | — | $11.9M | — | as long as short |
| MEXC FIL_USDC | +0.0052% | 8h | 0.9831 | +0.010% | $249K | $104K | 50x | as long as short |
| Gate FIL_USDT | +0.0088% | 8h | 0.9835 | +0.051% | $8.0M | $16.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9828 | −0.016% | $158K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9837 | +0.071% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9842 | +0.121% | $496K | $545K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9837 | +0.075% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9855 | +0.254% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9857 | +0.275% | $294K | $805K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.305% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9849 | +0.191% | $5K | — | 10x | as long as short |
| SunX FIL-USDTlong | +0.0100% | 8h | 0.9830 | long leg | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9834 | +0.041% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9840 | +0.102% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9840 | +0.102% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0170% | 8h | 0.9837 | +0.071% | $2.7M | $569K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0570% / S −0.0666% | 1h | 0.9840 | +0.100% | $196K | — | 100x | as long as short |
SunX FIL-USDT
Binance FILUSDT
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
Bitget FILUSDT
Bybit FILUSDT
Extended FIL-USD
BingX FIL-USDT
MEXC FIL_USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]