Funding you earn now, next payment 00:00 UTC−0.0270%/8hnext payment −$2.70 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against Binance−0.007%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.007%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$8 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 -0.055% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.70 per $10,000. 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 | Binance FILUSDT | 0.9646 | 0.0100 | pay 0.0100% / 8h | 4h 06m | $55.2M | $178.6M | 75x |
| Short | Bybit FILUSDT | 0.9645 | −0.0170 | pay 0.0170% / 8h | 4h 06m | $15.6M | $16.9M | 25x |
Binance FILUSDT
Bybit FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$56.79
- Price spread: −0.007% → −0.014%
- $0.67
- Slippage, 4 orders
- −$17.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$94.34
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 1 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 Binance live order book, 11 min ago | 0.52 bp | 7.3 bp −$7 | 12.1 bp −$121 | 50.1 bp −$5,009 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.52 bp | 12.8 bp −$13 | 36.4 bp −$364 | 266.6 bp −$26.7K | 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-INTX | −0.0400% | 1h | 0.9659 | +0.138% | $320K | $2.0M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0371% | 1h | 0.9655 | +0.097% | $166K | $22K | 25x | as long as short |
| Bybit FILUSDTshort | −0.0170% | 8h | 0.9645 | −0.007% | $15.6M | $16.9M | 25x | |
| Variational Omni FIL | −0.0107% | 8h | 0.9660 | +0.153% | $424K | $271K | — | as long as short |
| Injective FIL/USDC PERP | −0.0066% | 1h | 0.9658 | +0.128% | $2K | $145K | 12x | as long as short |
| Lighter FIL | −0.0016% | 1h | 0.9645 | −0.010% | $160K | $352K | 5x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9653 | +0.079% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9656 | +0.107% | $56K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0012% | 8h | 0.9646 | +0.004% | $17.6M | $97.8M | 50x | as long as short |
| Bitget FILUSDT | +0.0024% | 8h | 0.9643 | −0.028% | $10.7M | $22.9M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
Variational Omni FIL
Injective FIL/USDC PERP
Lighter FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Bitget FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FILUSDTM | +0.0060% | 8h | 0.9658 | +0.128% | $7.2M | $7.4M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9646 | +0.003% | $8.5M | $9.3M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9651 | +0.055% | $477K | $549K | 20x | as long as short |
| Binance FILUSDTlong | +0.0100% | 8h | 0.9646 | long leg | $55.2M | $178.6M | 75x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9652 | +0.066% | $7.7M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9647 | +0.014% | $246K | $106K | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9647 | +0.014% | — | $11.8M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9660 | +0.144% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9658 | +0.126% | $290K | $745K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9660 | +0.149% | $43K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9660 | +0.145% | $4K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9650 | +0.045% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9646 | +0.004% | $459 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9662 | +0.169% | $605K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9650 | +0.045% | $1.0M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9646 | +0.004% | $675K | $2.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9657 | +0.118% | $2.6M | $574K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0557% / S −0.0538% | 1h | 0.9652 | +0.065% | $142K | — | 100x | as long as short |
| Kraken Futures PF_FILUSD | +0.0602% | 1h | 0.9656 | +0.110% | $1.5M | $2.2M | 50x | as long as short |
KuCoin FILUSDTM
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX 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
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]
Kraken Futures PF_FILUSD