Funding you earn now, next payment 03:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.029%
Price spread now: Binance against ApeX Omni−0.217%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$660.658% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)−0.491%−$49 · spread now −0.217%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.195% cheaper against ApeX Omni than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni FILUSDT | 1.0050 | 0.0100 | pay 0.0013% / 1h | 7m 36s | $30K | $182K | 50x |
| Short | Binance FILUSDT | 1.0028 | 0.0075 | get 0.0075% / 8h | 5h 07m | $58.6M | $179.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX 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
- −$5.16
- Price spread: −0.217% → −0.022%
- −$19.55
- Slippage, 4 orders
- −$45.76
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$90.46
- Costs to cover
- 0.658%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 53 min ago; Binance: live order book, 6 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 ApeX Omni live order book, 53 min ago | 14.99 bp | 25.0 bp −$25 | 127.5 bp −$1,275 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.50 bp | 7.5 bp −$7 | 14.6 bp −$146 | 48.9 bp −$4,885 | 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 | −0.0446% | 1h | 1.0048 | −0.020% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0070 | +0.199% | $377K | $2.2M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0049 | −0.015% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 1.0024 | −0.259% | $18.9M | $101.9M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0015% | 8h | 1.0030 | −0.199% | $7.5M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0045 | −0.047% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0040 | −0.099% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.940% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 1.0027 | −0.225% | $708K | $3.3M | 10x | as long as short |
| Binance FILUSDTshort | +0.0075% | 8h | 1.0028 | −0.217% | $58.6M | $179.9M | 75x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0090% | 8h | 1.0030 | −0.199% | $243K | $105K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0033 | −0.173% | $158K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0031 | −0.189% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0037 | −0.134% | $518K | $586K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0025 | −0.249% | $15.8M | $19.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0035 | −0.149% | $8.6M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0020 | −0.299% | $11.1M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0031 | −0.189% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0047 | −0.034% | $452K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0044 | −0.064% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0044 | −0.062% | $291K | $914K | 10x | as long as short |
| ApeX Omni FILUSDTlong | +0.0100% | 1h | 1.0050 | long leg | $30K | $182K | 50x | |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0051 | +0.010% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | −0.100% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0039 | −0.109% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0042 | −0.080% | $629K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0030 | −0.199% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0196% | 8h | 1.0034 | −0.159% | $2.8M | $651K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0041 | −0.085% | $268K | — | 100x | as long as short |
ApeX Omni FILUSDT
Binance FILUSDT
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
Extended FIL-USD
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
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]