Funding you earn now, next payment 05:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.130%
Price spread now: Bitget against Coinbase International+0.160%7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 4 days (all we have)−0.309%−$31 · spread now +0.160%, 7d avg −0.108%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bitget is 0.268% dearer against Coinbase International than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FIL-PERP-INTX | 0.9982 | −0.0240 | get 0.0030% / 1h | 14m 02s | $341K | $2.2M | 50x |
| Short | Bitget FILUSDT | 0.9998 | 0.0100 | get 0.0100% / 8h | 2h 14m | $11.4M | $20.1M | 75x |
Coinbase International FIL-PERP-INTX
Bitget FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Coinbase International. 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
- $71.4
- Price spread: +0.160% → −0.108%
- $26.85
- Slippage, 4 orders
- −$22.95
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $53.3
- Costs to cover
- 0.449%
- Break-even
- 1.8 days
Slippage from Coinbase International: live order book, 5 min ago; Bitget: live order book, 5 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 Coinbase International live order book, 5 min ago | 5.02 bp | 10.0 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.50 bp | 10.6 bp −$11 | 16.0 bp −$160 | 44.2 bp −$4,418 | 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-INTXlong | −0.0240% | 1h | 0.9982 | long leg | $341K | $2.2M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9997 | +0.145% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9976 | −0.060% | $58K | $1K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 1.0005 | +0.230% | $172K | $23K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.272% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0045% | 8h | 1.0001 | +0.190% | $18.2M | $109.8M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0062% | 8h | 1.0002 | +0.200% | $7.3M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9995 | +0.131% | $149K | $379K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0002 | +0.200% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0003 | +0.207% | $510K | $613K | 20x | as long as short |
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
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 | 1.0003 | +0.211% | $56.5M | $187.1M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0001 | +0.190% | $15.7M | $20.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9998 | +0.160% | $8.4M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9998 | +0.160% | $236K | $105K | 50x | as long as short |
| Bitget FILUSDTshort | +0.0100% | 8h | 0.9998 | +0.160% | $11.4M | $20.1M | 75x | |
| BingX FIL-USDC | +0.0100% | 8h | 1.0001 | +0.190% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9941 | −0.412% | $450K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9944 | −0.378% | $45K | $298K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9945 | −0.373% | $298K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9950 | −0.321% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9998 | +0.161% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9990 | +0.080% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0000 | +0.180% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0003 | +0.210% | $622K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | +0.080% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0000 | +0.184% | $700K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9946 | −0.361% | $2.6M | $694K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0248% | 1h | 1.0006 | +0.236% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0604% / S −0.0280% | 1h | 0.9997 | +0.148% | $267K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
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
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]