Funding you earn now, next payment 00:00 UTC+0.0428%/8h= +46.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.140%
Price spread now: ApeX Omni against Coinbase International+0.211%75s7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days+0.328%+$33 on $10k
+Price spread, last 3 days (all we have)−0.358%−$36 · spread now +0.211%, 7d avg −0.088%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and ApeX Omni is 0.299% dearer against Coinbase International than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.088%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FIL-PERP-INTX | 0.9949 | −0.0328 | get 0.0041% / 1h | 2m 06s | $341K | $1.9M | 50x |
| Short | ApeX Omni FILUSDT | 0.9970 | 0.0100 | get 0.0013% / 1h | 2m 06s | $30K | $194K | 50x |
Coinbase International FIL-PERP-INTX
ApeX Omni FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- $89.88
- Price spread: +0.211% → −0.088%
- $29.94
- Slippage, 4 orders
- −$57.09
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $42.73
- Costs to cover
- 0.771%
- Break-even
- 3.7 days
Slippage from Coinbase International: live order book, 2 min ago; ApeX Omni: live order book, 4 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 Coinbase International live order book, 2 min ago | 6.53 bp | 14.5 bp −$14 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 4 min ago | 15.04 bp | 23.8 bp −$24 | 129.0 bp −$1,290 | doesn't fit | 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 | −0.0453% | 1h | 0.9954 | +0.050% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0329% | 1h | 0.9948 | −0.010% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTXlong | −0.0328% | 1h | 0.9949 | long leg | $341K | $1.9M | 50x | |
| KuCoin FILUSDTM | −0.0041% | 8h | 0.9943 | −0.060% | $7.4M | $7.2M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0041% | 8h | 0.9942 | −0.070% | $18.3M | $97.8M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9949 | −0.003% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9955 | +0.058% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0029% | 8h | 0.9942 | −0.070% | $57.6M | $179.3M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9940 | −0.095% | $698K | $3.3M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.945% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USD
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate FIL_USDT | +0.0063% | 8h | 0.9943 | −0.060% | $8.2M | $16.4M | 50x | as long as short |
| MEXC FIL_USDC | +0.0069% | 8h | 0.9938 | −0.111% | $246K | $106K | 50x | as long as short |
| Bitget FILUSDT | +0.0080% | 8h | 0.9944 | −0.050% | $11.0M | $21.5M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9942 | −0.073% | $159K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9943 | −0.057% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9937 | −0.121% | $508K | $590K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9944 | −0.050% | $15.6M | $18.5M | 25x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9947 | −0.020% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9955 | +0.057% | $448K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9983 | +0.345% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9971 | +0.220% | $297K | $823K | 10x | as long as short |
| ApeX Omni FILUSDTshort | +0.0100% | 1h | 0.9970 | +0.211% | $30K | $194K | 50x | |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9954 | +0.052% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9930 | −0.191% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9940 | −0.090% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9938 | −0.111% | $628K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9940 | −0.090% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0116% | 8h | 0.9956 | +0.070% | $2.7M | $605K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0570% / S −0.0639% | 1h | 0.9949 | +0.001% | $197K | — | 100x | as long as short |
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]