Funding you earn now, next payment 08:00 UTC+0.0679%/8h= +74.4% APRpaid last 24h +0.206%
Price spread now: BloFin against Deribit+0.101%57s7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs+$12as 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−$460.464% of the position
Funding, last 7 days+0.584%+$58 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.101%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BloFin is 0.147% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.046%. The two prices were read 57 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 | Deribit FIL_USDC-PERPETUAL | 0.9866 | −0.0459 | get 0.0057% / 1h | 35m 38s | $170K | $23K | 25x |
| Short | BloFin FIL-USDT | 0.9876 | 0.0220 | get 0.0220% / 8h | 35m 38s | $2.6M | $668K | 75x |
Deribit FIL_USDC-PERPETUAL
BloFin FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $142.59
- Price spread: +0.101% → −0.046%
- $14.74
- Slippage, 4 orders
- −$27.42
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $110.91
- Costs to cover
- 0.464%
- Break-even
- 1.6 days
Slippage from Deribit: live order book, 3 min ago; BloFin: 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 Deribit live order book, 3 min ago | 6.07 bp | 17.6 bp −$18 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.53 bp | 8.5 bp −$9 | 12.3 bp −$123 | 25.2 bp −$2,525 | 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-PERPETUALlong | −0.0459% | 1h | 0.9866 | long leg | $170K | $23K | 25x | |
| Coinbase International FIL-PERP-INTX | −0.0176% | 1h | 0.9874 | +0.081% | $349K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9864 | −0.017% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9873 | +0.071% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.111% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0071% | 8h | 0.9857 | −0.091% | $7.0M | $7.8M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9856 | −0.100% | $144K | $358K | 5x | as long as short |
| OKX FIL-USDT-SWAP | +0.0099% | 8h | 0.9854 | −0.122% | $17.7M | $107.2M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9861 | −0.048% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9863 | −0.027% | $503K | $557K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
OKX FIL-USDT-SWAP
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9858 | −0.084% | $55.6M | $184.3M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9853 | −0.132% | $15.4M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9862 | −0.041% | $8.2M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9855 | −0.111% | $228K | $99K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9854 | −0.122% | $11.1M | $19.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9854 | −0.122% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9857 | −0.096% | $438K | $283K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9900 | +0.349% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9904 | +0.385% | $288K | $1.4M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9930 | +0.649% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9867 | +0.009% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.061% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9860 | −0.061% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9872 | +0.061% | $609K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | −0.061% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9855 | −0.115% | $693K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0198% | 1h | 0.9869 | +0.033% | $1.3M | $2.1M | 50x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9876 | +0.101% | $2.6M | $668K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9864 | −0.020% | $264K | — | 100x | as long as short |
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
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]