Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Bybit+0.019%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.365% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.019%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 0.9855 | 0.0091 | pay 0.0091% / 8h | 21m 00s | $15.4M | $20.4M | 25x |
| Short | Binance FILUSDT | 0.9857 | 0.0100 | get 0.0100% / 8h | 21m 00s | $55.6M | $184.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $1.92
- Price spread: +0.019% → +0.012%
- $0.66
- Slippage, 4 orders
- −$15.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.88
- Costs to cover
- 0.365%
- Break-even
- 130.8 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 7 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 Bybit live order book, 3 min ago | 0.51 bp | 12.0 bp −$12 | 30.9 bp −$309 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.51 bp | 6.6 bp −$7 | 13.8 bp −$138 | 50.4 bp −$5,038 | 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 | −0.0257% | 1h | 0.9863 | +0.081% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0176% | 1h | 0.9885 | +0.304% | $354K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9863 | +0.076% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9861 | +0.062% | $57K | $1K | 10x | as long as short |
| Variational Omni FIL | 0.0000% | 8h | 0.9842 | −0.135% | $438K | $281K | — | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | 0.000% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0078% | 8h | 0.9856 | +0.010% | $7.0M | $7.8M | 50x | as long as short |
| Bybit FILUSDTlong | +0.0091% | 8h | 0.9855 | long leg | $15.4M | $20.4M | 25x | |
| Lighter FIL | +0.0096% | 1h | 0.9853 | −0.019% | $144K | $359K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9859 | +0.042% | $8.2M | $9.4M | 5x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9863 | +0.081% | $503K | $557K | 20x | as long as short |
| Binance FILUSDTshort | +0.0100% | 8h | 0.9857 | +0.019% | $55.6M | $184.0M | 75x | |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9857 | +0.020% | $17.6M | $107.2M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9857 | +0.020% | $8.2M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9855 | 0.000% | $228K | $100K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9854 | −0.010% | $11.0M | $19.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9857 | +0.020% | — | $11.8M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9858 | +0.034% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9844 | −0.114% | $292K | $1.4M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | +0.152% | $27K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9869 | +0.141% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.051% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9856 | +0.010% | $472 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9868 | +0.132% | $613K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.051% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9853 | −0.017% | $694K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0198% | 1h | 0.9860 | +0.050% | $1.4M | $2.1M | 50x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9863 | +0.081% | $2.6M | $668K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9860 | +0.051% | $264K | — | 100x | as long as short |
Bybit FILUSDT
Binance FILUSDT
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Variational Omni FIL
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
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]