Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.53 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against HTX−0.100%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 7 days−0.275%−$27 on $10k
+Price spread, last 3 days (all we have)−0.308%−$31 · spread now −0.100%, 7d avg −0.165%
=The price spread pays, funding is against you. Binance is 0.065% dearer against HTX than usual: you sell high and buy low (spread −0.100% now, against its 7-day average of −0.165%): +$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 4.1 days. At the pace of the last 7 days (−0.275% in total) that is about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX FIL-USDT | 0.9993 | 0.0100 | pay 0.0100% / 8h | 5h 58m | $639K | $5.8M | 75x |
| Short | Binance FILUSDT | 0.9983 | 0.0047 | get 0.0047% / 8h | 5h 58m | $57.7M | $177.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- −$11.08
- Price spread: −0.100% → −0.165%
- $6.47
- Slippage, 4 orders
- −$40.19
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$66.8
- Costs to cover
- 0.622%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; Binance: live order book, 15 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 HTX live order book, 1 min ago | 2.00 bp | 20.7 bp −$21 | 108.3 bp −$1,083 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.50 bp | 8.5 bp −$8 | 17.9 bp −$179 | 58.0 bp −$5,800 | doesn't fit |
FIL on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 0.9997 | +0.040% | $380K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 0.9996 | +0.034% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0057% | 8h | 0.9976 | −0.170% | $18.8M | $98.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0050% | 1h | 0.9996 | +0.030% | $172K | $23K | 25x | as long as short |
| KuCoin FILUSDTM | −0.0038% | 8h | 0.9995 | +0.020% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9992 | −0.013% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0000 | +0.072% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.381% | $2K | $240K | 12x | as long as short |
| Binance FILUSDTshort | +0.0047% | 8h | 0.9983 | −0.100% | $57.7M | $177.6M | 75x | |
| Extended FIL-USD | +0.0048% | 1h | 0.9986 | −0.074% | $702K | $3.3M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0085% | 8h | 0.9996 | +0.030% | $244K | $102K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9989 | −0.039% | $159K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9992 | −0.008% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9998 | +0.050% | $511K | $582K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9978 | −0.150% | $15.6M | $19.1M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9994 | +0.010% | $8.5M | $16.2M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9987 | −0.060% | $11.0M | $20.2M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9990 | −0.030% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9994 | +0.008% | $450K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9988 | −0.049% | $46K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9961 | −0.324% | $291K | $875K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9990 | −0.030% | $30K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9999 | +0.061% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9990 | −0.030% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9989 | −0.040% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDTlong | +0.0100% | 8h | 0.9993 | long leg | $639K | $5.8M | 75x | |
| Phemex FILUSDT | +0.0100% | 8h | 0.9980 | −0.130% | $1.1M | $2.4M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 0.9990 | −0.031% | $267K | — | 100x | as long as short |
HTX FIL-USDT
Binance FILUSDT
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
Deribit FIL_USDC-PERPETUAL
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
Extended FIL-USD
MEXC FIL_USDC
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
SunX FIL-USDT
SoDEX FIL-USD
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]