Funding you earn now, next payment 06:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.126%
Price spread now: Coinbase International against MEXC+0.150%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.150%, 7d avg +0.135%
=The price spread sits at its 7-day average of +0.135%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.236% in total (about -12.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 0.9996 | 0.0100 | pay 0.0100% / 8h | 1h 14m | $232K | $105K | 50x |
| Short | Coinbase International FIL-PERP-INTX | 1.0011 | −0.0248 | pay 0.0031% / 1h | 14m 46s | $352K | $2.2M | 50x |
MEXC FIL_USDC
Coinbase International FIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- −$73.08
- Price spread: +0.150% → +0.135%
- $1.49
- Slippage, 4 orders
- −$28.87
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$110.46
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 10 min ago; Coinbase International: live order book, 4 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 MEXC live order book, 10 min ago | 2.51 bp | 7.3 bp −$7 | 13.2 bp −$132 | 70.8 bp −$7,083 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 7.01 bp | 12.9 bp −$13 | 16.5 bp −$165 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTXshort | −0.0248% | 1h | 1.0011 | +0.150% | $352K | $2.2M | 50x | |
| Deribit FIL_USDC-PERPETUAL | −0.0150% | 1h | 1.0008 | +0.120% | $172K | $23K | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0002 | +0.061% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0001 | +0.052% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.411% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0067% | 8h | 0.9998 | +0.020% | $7.1M | $8.0M | 50x | as long as short |
| OKX FIL-USDT-SWAP | +0.0069% | 8h | 0.9996 | 0.000% | $18.0M | $109.4M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9996 | +0.003% | $149K | $355K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0002 | +0.064% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0002 | +0.061% | $510K | $606K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
Lighter FIL
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 | 0.9998 | +0.021% | $56.3M | $186.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9997 | +0.010% | $15.6M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9995 | −0.010% | $8.3M | $16.8M | 50x | as long as short |
| MEXC FIL_USDClong | +0.0100% | 8h | 0.9996 | long leg | $232K | $105K | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 0.9994 | −0.020% | $11.3M | $19.8M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9999 | +0.030% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9996 | −0.002% | $450K | $278K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9999 | +0.032% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9992 | −0.043% | $295K | $1.3M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9990 | −0.060% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0011 | +0.149% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | +0.040% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0004 | +0.080% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0006 | +0.100% | $624K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0000 | +0.040% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9994 | −0.022% | $700K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9996 | 0.000% | $2.6M | $681K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0244% | 1h | 1.0008 | +0.120% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0605% / S −0.0280% | 1h | 1.0000 | +0.043% | $268K | — | 100x | as long as short |
Binance 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
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]