Funding you earn now, next payment 00:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.71 per $10,000 · paid last 24h −0.048%
Price spread now: OKX against SunX+0.010%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2092.088% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.010%, 7d avg −0.051%
=The price spread pays, funding is against you. OKX is 0.061% dearer against SunX than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.051%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX FIL-USDT | 0.9860 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $3K | $1.1M | 20x |
| Short | OKX FIL-USDT-SWAP | 0.9861 | 0.0029 | get 0.0029% / 8h | 1h 35m | $18.1M | $97.0M | 50x |
SunX FIL-USDT
OKX FIL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$15.01
- Price spread: +0.010% → −0.051%
- $6.07
- Slippage, 4 orders
- −$190.76
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$217.7
- Costs to cover
- 2.088%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; OKX: live order book, 3 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 | 20.18 bp | 72.6 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.51 bp | 8.3 bp −$8 | 18.1 bp −$181 | 74.0 bp −$7,403 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0696% | 1h | 0.9863 | +0.031% | $1.4M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0560% | 1h | 0.9869 | +0.091% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9873 | +0.132% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.051% | $2K | $240K | 12x | as long as short |
| Lighter FIL | −0.0024% | 1h | 0.9857 | −0.028% | $158K | $349K | 5x | as long as short |
| Bitget FILUSDT | −0.0018% | 8h | 0.9861 | +0.010% | $11.0M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9870 | +0.096% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9878 | +0.179% | $58K | $2K | 10x | as long as short |
| Bybit FILUSDT | 0.0000% | 8h | 0.9865 | +0.051% | $15.5M | $18.0M | 25x | as long as short |
| KuCoin FILUSDTM | +0.0012% | 8h | 0.9863 | +0.030% | $7.4M | $7.0M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bybit FILUSDT
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAPshort | +0.0029% | 8h | 0.9861 | +0.010% | $18.1M | $97.0M | 50x | |
| MEXC FIL_USDC | +0.0074% | 8h | 0.9855 | −0.051% | $250K | $104K | 50x | as long as short |
| Binance FILUSDT | +0.0078% | 8h | 0.9863 | +0.027% | $56.7M | $174.9M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9859 | −0.008% | $689K | $2.3M | 10x | as long as short |
| BingX FIL-USDC | +0.0081% | 8h | 0.9867 | +0.071% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0091% | 8h | 0.9897 | +0.379% | $441K | $277K | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9859 | −0.006% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9866 | +0.061% | $488K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9863 | +0.030% | $7.8M | $16.2M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9884 | +0.242% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9885 | +0.249% | $287K | $803K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9890 | +0.304% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9874 | +0.138% | $5K | — | 10x | as long as short |
| SunX FIL-USDTlong | +0.0100% | 8h | 0.9860 | long leg | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9858 | −0.020% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9872 | +0.122% | $624K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | 0.000% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0198% | 8h | 0.9871 | +0.112% | $2.7M | $655K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0617% / S −0.0742% | 1h | 0.9869 | +0.090% | $214K | — | 100x | as long as short |
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
Orderly PERP_FIL_USDC_mythos
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]