Funding you earn now, next payment 08:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h −0.182%
Price spread now: Deribit against Binance+0.061%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days−0.359%−$36 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.061%, 7d avg +0.054%
=The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 0.9905 | 0.0100 | pay 0.0100% / 8h | 19m 18s | $55.9M | $183.9M | 75x |
| Short | Deribit FIL_USDC-PERPETUAL | 0.9911 | −0.0053 | pay 0.0007% / 1h | 19m 18s | $171K | $23K | 25x |
Binance FILUSDT
Deribit FIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$32.13
- Price spread: +0.061% → +0.054%
- $0.71
- Slippage, 4 orders
- −$26.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$74.79
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Deribit: live order book, 19 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, 9 min ago | 0.51 bp | 7.6 bp −$8 | 13.9 bp −$139 | 49.2 bp −$4,918 | doesn't fit |
| Sell Deribit live order book, 19 min ago | 6.07 bp | 11.6 bp −$12 | 19.6 bp −$196 | 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-INTX | −0.0176% | 1h | 0.9880 | −0.252% | $353K | $2.2M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUALshort | −0.0053% | 1h | 0.9911 | +0.061% | $171K | $23K | 25x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9904 | −0.008% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9885 | −0.200% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.505% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0081% | 8h | 0.9903 | −0.020% | $7.1M | $7.8M | 50x | as long as short |
| Bybit FILUSDT | +0.0091% | 8h | 0.9900 | −0.050% | $15.4M | $20.4M | 25x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9899 | −0.057% | $144K | $359K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9905 | 0.000% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9907 | +0.020% | $505K | $557K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
Bybit FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDTlong | +0.0100% | 8h | 0.9905 | long leg | $55.9M | $183.9M | 75x | |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9900 | −0.050% | $17.6M | $107.7M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9900 | −0.050% | $8.2M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9901 | −0.040% | $229K | $100K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9900 | −0.050% | $11.0M | $19.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9902 | −0.030% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9853 | −0.527% | $439K | $281K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9858 | −0.471% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9857 | −0.489% | $285K | $1.4M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.353% | $27K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9914 | +0.088% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9900 | −0.050% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9902 | −0.030% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9912 | +0.071% | $617K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | −0.050% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9900 | −0.053% | $694K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0197% | 1h | 0.9906 | +0.007% | $1.4M | $2.1M | 50x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9903 | −0.020% | $2.6M | $670K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9877 | −0.285% | $264K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
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
Kraken Futures PF_FILUSD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]