Funding you earn now, next payment 21:00 UTC−0.0377%/8h= −41.3% APRpaid last 24h −0.108%
Price spread now: Coinbase International against Variational Omni+0.674%7-day average +0.136% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.118%−$12 on $10k
+Price spread, last 3 days (all we have)−0.811%−$81 · spread now +0.674%, 7d avg +0.136%
=Together, before fees−0.929%+ Points / potential airdropVariational Omni: Active · farm board−$93 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.537% dearer against Variational Omni than usual: you sell high and buy low (spread +0.674% now, against its 7-day average of +0.136%): +$54 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 3 days (−0.118% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.118% in total (about -13.3% 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 | Variational Omni FIL | 0.9790 | 0.0049 | pay 0.0049% / 8h | 2h 03m | $435K | $276K | — |
| Short | Coinbase International FIL-PERP-INTX | 0.9856 | −0.0328 | pay 0.0041% / 1h | 3m 57s | $315K | $1.9M | 50x |
Variational Omni FIL
Coinbase International FIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- −$79.11
- Price spread: +0.674% → +0.136%
- $53.73
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$35.39
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 20 min ago; Coinbase International: 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 Variational Omni RFQ quote, 20 min ago | 3.55 bp | doesn't fit | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 6.12 bp | 13.2 bp −$13 | 17.0 bp −$170 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1688% | 1h | 0.9783 | −0.072% | $168K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0626% | 1h | 0.9790 | +0.001% | $1.4M | $2.2M | 50x | as long as short |
| Coinbase International FIL-PERP-INTXshort | −0.0328% | 1h | 0.9856 | +0.674% | $315K | $1.9M | 50x | |
| Lighter FIL | −0.0312% | 1h | 0.9777 | −0.134% | $156K | $337K | 5x | as long as short |
| Bybit FILUSDT | −0.0031% | 8h | 0.9792 | +0.020% | $15.4M | $17.9M | 25x | as long as short |
| Bitget FILUSDT | −0.0030% | 8h | 0.9788 | −0.021% | $10.8M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9784 | −0.063% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9784 | −0.063% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0018% | 8h | 0.9789 | −0.011% | $18.0M | $95.6M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0021% | 8h | 0.9789 | −0.011% | $7.3M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Bybit FILUSDT
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9850 | +0.612% | $2K | $182K | 12x | as long as short |
| Variational Omni FILlong | +0.0049% | 8h | 0.9790 | long leg | $435K | $276K | — | |
| MEXC FIL_USDC | +0.0083% | 8h | 0.9781 | −0.093% | $249K | $106K | 50x | as long as short |
| Binance FILUSDT | +0.0086% | 8h | 0.9792 | +0.024% | $56.3M | $174.7M | 75x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9790 | −0.004% | $685K | $2.3M | 10x | as long as short |
| BingX FIL-USDT | +0.0088% | 8h | 0.9791 | +0.010% | — | $11.9M | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9789 | −0.008% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9790 | −0.001% | $484K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9790 | −0.001% | $7.8M | $16.4M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9798 | +0.084% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9798 | +0.077% | $287K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9810 | +0.204% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9789 | −0.011% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9770 | −0.205% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9787 | −0.031% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9784 | −0.062% | $619K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9790 | −0.001% | $1.0M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0208% | 8h | 0.9781 | −0.093% | $2.6M | $643K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0612% / S −0.0742% | 1h | 0.9783 | −0.068% | $212K | — | 100x | as long as short |
Injective FIL/USDC PERP
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDT
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]