Funding you earn now, next payment 00:00 UTC−0.0207%/8h= −22.6% APRnext payment −$2.07 per $10,000 · paid last 24h −0.039%
Price spread now: Bybit against SunX+0.041%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2202.199% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 3 days (all we have)−0.074%−$7 · spread now +0.041%, 7d avg −0.035%
=The price spread pays, funding is against you. Bybit is 0.076% dearer against SunX than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.035%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.177% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX FIL-USDT | 0.9720 | 0.0100 | pay 0.0100% / 8h | 2h 56m | $3K | $1.1M | 20x |
| Short | Bybit FILUSDT | 0.9724 | −0.0107 | pay 0.0107% / 8h | 2h 56m | $15.4M | $18.2M | 25x |
SunX FIL-USDT
Bybit FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$43.39
- Price spread: +0.041% → −0.035%
- $7.59
- Slippage, 4 orders
- −$200.86
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$255.66
- Costs to cover
- 2.199%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; Bybit: live order book, 2 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, 7 min ago | 25.65 bp | 68.9 bp −$69 | 138.6 bp −$1,386 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.51 bp | 11.5 bp −$12 | 35.7 bp −$357 | 219.9 bp −$22.0K | 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 | −0.0880% | 1h | 0.9727 | +0.072% | $167K | $22K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0630% | 1h | 0.9724 | +0.045% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | −0.0384% | 1h | 0.9718 | −0.019% | $155K | $332K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9737 | +0.175% | $330K | $1.9M | 50x | as long as short |
| Bybit FILUSDTshort | −0.0107% | 8h | 0.9724 | +0.041% | $15.4M | $18.2M | 25x | |
| Variational Omni FIL | −0.0070% | 8h | 0.9756 | +0.367% | $435K | $273K | — | as long as short |
| Bitget FILUSDT | −0.0021% | 8h | 0.9716 | −0.041% | $10.6M | $22.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9724 | +0.041% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9731 | +0.117% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0026% | 8h | 0.9720 | 0.000% | $17.9M | $96.7M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Variational Omni FIL
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid FIL | +0.0026% | 1h | 0.9726 | +0.059% | $8.5M | $9.6M | 5x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9658 | −0.638% | $2K | $118K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0045% | 8h | 0.9730 | +0.103% | $7.3M | $7.3M | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9730 | +0.103% | $482K | $539K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9723 | +0.031% | $55.7M | $180.0M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9721 | +0.010% | $7.7M | $16.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9727 | +0.072% | $247K | $103K | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9724 | +0.041% | — | $6.5M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9730 | +0.107% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9731 | +0.108% | $292K | $809K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9740 | +0.206% | $42K | $194K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9728 | +0.081% | $4K | — | 10x | as long as short |
| SunX FIL-USDTlong | +0.0100% | 8h | 0.9720 | long leg | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9717 | −0.031% | $467 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9717 | −0.031% | $612K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9720 | 0.000% | $1.0M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9723 | +0.030% | $678K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9719 | −0.010% | $2.6M | $618K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0609% / S −0.0849% | 1h | 0.9724 | +0.040% | $206K | — | 100x | as long as short |
Hyperliquid FIL
Injective FIL/USDC PERP
KuCoin FILUSDTM
Aster FILUSDT
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDC
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]