Funding you earn now, next payment 03:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.119%
Price spread now: MEXC against Coinbase International+0.070%7-day average −0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.070%, 7d avg −0.140%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.210% dearer against Coinbase International than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.140%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FIL-PERP-INTX | 0.9970 | −0.0208 | get 0.0026% / 1h | 38m 07s | $376K | $2.1M | 50x |
| Short | MEXC FIL_USDC | 0.9977 | 0.0086 | get 0.0086% / 8h | 4h 38m | $242K | $103K | 50x |
Coinbase International FIL-PERP-INTX
MEXC FIL_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $61.74
- Price spread: +0.070% → −0.140%
- $21.03
- Slippage, 4 orders
- −$29.05
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $43.72
- Costs to cover
- 0.391%
- Break-even
- 2.0 days
Slippage from Coinbase International: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago | 6.01 bp | 14.0 bp −$14 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.51 bp | 7.0 bp −$7 | 13.2 bp −$132 | 75.3 bp −$7,529 | 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 | −0.0350% | 1h | 0.9989 | +0.191% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTXlong | −0.0208% | 1h | 0.9970 | long leg | $376K | $2.1M | 50x | |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 0.9976 | +0.060% | $18.6M | $104.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0019% | 8h | 0.9979 | +0.090% | $7.4M | $7.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9985 | +0.146% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9964 | −0.065% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.153% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 0.9985 | +0.147% | $1.4M | $2.3M | 50x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9979 | +0.086% | $708K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0083% | 8h | 0.9977 | +0.068% | $57.3M | $182.7M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Extended FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDCshort | +0.0086% | 8h | 0.9977 | +0.070% | $242K | $103K | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9973 | +0.027% | $155K | $360K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9974 | +0.042% | $8.5M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9985 | +0.146% | $512K | $599K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9976 | +0.060% | $15.7M | $20.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9974 | +0.040% | $8.4M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9972 | +0.020% | $11.2M | $20.5M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9975 | +0.050% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9952 | −0.184% | $448K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9952 | −0.177% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9957 | −0.130% | $289K | $946K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9960 | −0.100% | $30K | $180K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9990 | +0.199% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9960 | −0.100% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9979 | +0.090% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9987 | +0.171% | $623K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9970 | 0.000% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0202% | 8h | 0.9934 | −0.361% | $2.7M | $648K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 0.9985 | +0.150% | $266K | — | 100x | as long as short |
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]