Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.023%
Price spread now: Phemex against BingX−0.061%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$810.812% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.061% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIL-USDC | 0.9836 | 0.0100 | pay 0.0100% / 8h | 2h 27m | — | $6.5M | — |
| Short | Phemex FILUSDT | 0.9830 | 0.0100 | get 0.0100% / 8h | 2h 27m | $1.2M | $2.6M | 50x |
BingX FIL-USDC
Phemex FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. 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
- $0
- Price spread: −0.061% → 0.000%
- −$6.1
- Slippage, 4 orders
- −$59.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$87.27
- Costs to cover
- 0.812%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Phemex: live order book, 2 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 BingX live order book, 8 min ago | 1.52 bp | 12.2 bp −$12 | 27.3 bp −$273 | 178.7 bp −$17.9K | 595.0 bp −$297.5K |
| Sell Phemex live order book, 2 min ago | 10.17 bp | 25.1 bp −$25 | 77.9 bp −$779 | 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 | −0.0665% | 1h | 0.9832 | −0.041% | $169K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9824 | −0.122% | $340K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9830 | −0.061% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9830 | −0.056% | $57K | $1K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0028% | 8h | 0.9830 | −0.061% | $17.9M | $107.4M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.193% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0046% | 8h | 0.9830 | −0.061% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9829 | −0.068% | $146K | $379K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9836 | +0.003% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9840 | +0.042% | $502K | $613K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
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 | 0.9836 | +0.001% | $55.5M | $186.3M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9830 | −0.061% | $15.4M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9833 | −0.031% | $8.2M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9824 | −0.122% | $232K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9831 | −0.051% | $11.1M | $20.0M | 75x | as long as short |
| BingX FIL-USDClong | +0.0100% | 8h | 0.9836 | long leg | — | $6.5M | — | |
| Variational Omni FIL | +0.0100% | 8h | 0.9842 | +0.061% | $446K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9855 | +0.193% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9858 | +0.228% | $289K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.244% | $29K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9838 | +0.015% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9820 | −0.163% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9829 | −0.071% | $476 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9839 | +0.031% | $612K | $5.8M | 75x | as long as short |
| Phemex FILUSDTshort | +0.0100% | 8h | 0.9830 | −0.061% | $1.2M | $2.6M | 50x | |
| Extended FIL-USD | +0.0104% | 1h | 0.9825 | −0.107% | $693K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9831 | −0.051% | $2.6M | $690K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0253% | 1h | 0.9835 | −0.006% | $1.3M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0597% / S −0.0277% | 1h | 0.9827 | −0.093% | $263K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
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
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]