Funding you earn now, next payment 05:00 UTC+0.0033%/8h= +3.7% APRpaid last 24h +0.043%
Price spread now: Orderly against Kraken Futures+0.056%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 +$1 a day on $10k at the current rate, and Orderly is 0.056% dearer against Kraken Futures than usual: you sell high and buy low: +$6 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 | Kraken Futures PF_FILUSD | 0.9971 | 0.0067 | pay 0.0008% / 1h | 17m 12s | $1.4M | $2.3M | 50x |
| Short | Orderly PERP_FIL_USDC_mythos | 0.9977 | 0.0100 | get 0.0050% / 4h | 3h 17m | $4K | $798 | 10x |
Kraken Futures PF_FILUSD
Orderly PERP_FIL_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Kraken Futures. 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
- $7.01
- Price spread: +0.056% → 0.000%
- $5.65
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.35
- Costs to cover
- 0.160%
- Break-even
- 10.3 days
Slippage unknown: Kraken Futures: live order book, 1 min ago; 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 Kraken Futures live order book, 1 min ago | 5.02 bp | 18.2 bp −$18 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0351% | 1h | 0.9971 | 0.000% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9968 | −0.030% | $359K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9965 | −0.056% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9968 | −0.029% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0008% | 8h | 0.9957 | −0.140% | $18.4M | $106.1M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0023% | 8h | 0.9966 | −0.050% | $7.3M | $7.7M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.163% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSDlong | +0.0067% | 1h | 0.9971 | long leg | $1.4M | $2.3M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9962 | −0.094% | $148K | $370K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9966 | −0.052% | $8.4M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9970 | −0.010% | $509K | $613K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9959 | −0.116% | $57.0M | $185.0M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9957 | −0.140% | $15.8M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9965 | −0.060% | $8.4M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9963 | −0.080% | $235K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9963 | −0.080% | $11.3M | $20.5M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9965 | −0.060% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9946 | −0.253% | $450K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9944 | −0.267% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9945 | −0.259% | $296K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9940 | −0.311% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythosshort | +0.0100% | 4h | 0.9977 | +0.056% | $4K | $798 | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9960 | −0.110% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9964 | −0.070% | $474 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9969 | −0.020% | $620K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9950 | −0.210% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9961 | −0.097% | $700K | $1.9M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9944 | −0.270% | $2.7M | $712K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0584% / S −0.0255% | 1h | 0.9966 | −0.054% | $266K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
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
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]