Funding you earn now, next payment 03:00 UTC+0.0147%/8h= +16.2% APRpaid last 24h −0.023%
Price spread now: BloFin against Injective+1.969%7-day average −1.599% · you sell dearer than you buy
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)−0.921%−$92 · spread now +1.969%, 7d avg −1.599%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 3.568% dearer against Injective than usual: you sell high and buy low: +$357 more if the spread goes back to its 7-day average of −1.599%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FIL/USDC PERP | 0.9855 | 0.0033 | pay 0.0004% / 1h | 28m 33s | $2K | $240K | 12x |
| Short | BloFin FIL-USDT | 1.0049 | 0.0181 | get 0.0181% / 8h | 5h 28m | $2.7M | $639K | 75x |
Injective FIL/USDC PERP
BloFin FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $30.97
- Price spread: +1.969% → −1.599%
- $356.79
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $375.74
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 5 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 0.99 bp | 11.7 bp −$12 | 13.3 bp −$133 | 40.0 bp −$4,005 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0058 | +2.060% | $380K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0247% | 1h | 1.0049 | +1.969% | $173K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0043 | +1.908% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0062% | 8h | 1.0033 | +1.806% | $18.9M | $101.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0032% | 8h | 1.0033 | +1.806% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0049 | +1.972% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0040 | +1.877% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERPlong | +0.0033% | 1h | 0.9855 | long leg | $2K | $240K | 12x | |
| Binance FILUSDT | +0.0062% | 8h | 1.0032 | +1.795% | $58.5M | $178.7M | 75x | as long as short |
| Extended FIL-USD | +0.0064% | 1h | 1.0031 | +1.788% | $708K | $3.3M | 10x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0083% | 8h | 1.0030 | +1.776% | $243K | $104K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0033 | +1.806% | $159K | $353K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0038 | +1.854% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0034 | +1.820% | $509K | $578K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0034 | +1.816% | $15.8M | $19.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0035 | +1.826% | $8.5M | $16.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0033 | +1.806% | $11.0M | $19.9M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0033 | +1.806% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0058 | +2.064% | $453K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0061 | +2.093% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0061 | +2.095% | $292K | $880K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0070 | +2.182% | $30K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0060 | +2.078% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | +1.877% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0037 | +1.847% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0049 | +1.969% | $633K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0030 | +1.776% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDTshort | +0.0181% | 8h | 1.0049 | +1.969% | $2.7M | $639K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0049 | +1.964% | $268K | — | 100x | as long as short |
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
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]