Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.017%
Price spread now: Orderly against Injective+1.853%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 1.853% dearer against Injective than usual: you sell high and buy low: +$185 more if the spread goes back to zero (this spread has no 7-day history yet).
| 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 | 4m 26s | $2K | $240K | 12x |
| Short | Orderly PERP_FIL_USDC_mythos | 1.0038 | 0.0100 | get 0.0050% / 4h | 1h 04m | $4K | $798 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $14
- Price spread: +1.853% → 0.000%
- $185.29
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $193.27
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
Injective and Orderly: 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 | 1.0035 | +1.826% | $378K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0248% | 1h | 1.0034 | +1.816% | $173K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0031 | +1.791% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 1.0026 | +1.735% | $18.9M | $102.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0012% | 8h | 1.0027 | +1.745% | $7.4M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0027 | +1.749% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0047 | +1.953% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERPlong | +0.0033% | 1h | 0.9855 | long leg | $2K | $240K | 12x | |
| Extended FIL-USD | +0.0072% | 1h | 1.0035 | +1.829% | $705K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0076% | 8h | 1.0035 | +1.822% | $58.7M | $180.0M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0089% | 8h | 1.0033 | +1.806% | $243K | $105K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0043 | +1.909% | $158K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0033 | +1.806% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0048 | +1.955% | $519K | $586K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0027 | +1.745% | $15.8M | $19.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0039 | +1.867% | $8.6M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0028 | +1.755% | $11.1M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0035 | +1.826% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0024 | +1.710% | $451K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0025 | +1.728% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0044 | +1.916% | $291K | $914K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0050 | +1.979% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythosshort | +0.0100% | 4h | 1.0038 | +1.853% | $4K | $798 | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 1.0010 | +1.573% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0026 | +1.735% | $480 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0035 | +1.826% | $629K | $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-USDT | +0.0196% | 8h | 1.0035 | +1.826% | $2.8M | $652K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0027 | +1.749% | $268K | — | 100x | as long as short |
Injective FIL/USDC PERP
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Extended FIL-USD
Binance FILUSDT
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]