Funding you earn now, next payment 05:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h +0.023%
Price spread now: Injective against BloFin−2.009%7-day average +1.482% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.572%+$57 · spread now −2.009%, 7d avg +1.482%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 3.491% cheaper against BloFin than usual: you would sell low and buy high (−$349 if the spread goes back to its 7-day average of +1.482%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FIL-USDT | 1.0057 | 0.0220 | pay 0.0220% / 8h | 3h 48m | $2.7M | $670K | 75x |
| Short | Injective FIL/USDC PERP | 0.9855 | 0.0033 | get 0.0004% / 1h | 48m 01s | $2K | $240K | 12x |
BloFin FIL-USDT
Injective FIL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- −$39.2
- Price spread: −2.009% → +1.482%
- −$349.1
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$400.32
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; Injective: 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 BloFin live order book, 5 min ago | 1.49 bp | 10.4 bp −$10 | 14.8 bp −$148 | 30.2 bp −$3,015 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0546% | 1h | 1.0039 | −0.179% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0037 | −0.199% | $366K | $2.2M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0021% | 8h | 1.0032 | −0.249% | $18.5M | $106.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0036 | −0.209% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0043 | −0.138% | $59K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0020% | 8h | 1.0034 | −0.229% | $7.3M | $7.6M | 50x | as long as short |
| Injective FIL/USDC PERPshort | +0.0033% | 1h | 0.9855 | −2.009% | $2K | $240K | 12x | |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 1.0041 | −0.161% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0031 | −0.255% | $155K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0037 | −0.199% | $8.5M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Kraken Futures PF_FILUSD
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 1.0039 | −0.175% | $515K | $608K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0033 | −0.240% | $57.8M | $183.8M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0031 | −0.259% | $15.9M | $20.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0033 | −0.239% | $8.5M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 1.0031 | −0.259% | $243K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0030 | −0.268% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0032 | −0.249% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0069 | +0.117% | $454K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0067 | +0.098% | $46K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0090 | +0.325% | $292K | $1.0M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0080 | +0.229% | $31K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0044 | −0.132% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | −0.169% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0033 | −0.239% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0052 | −0.050% | $628K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0030 | −0.268% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0030 | −0.268% | $711K | $3.3M | 10x | as long as short |
| BloFin FIL-USDTlong | +0.0220% | 8h | 1.0057 | long leg | $2.7M | $670K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0033 | −0.234% | $268K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
GMX FIL/USD [WBTC.b-USDC]