Funding you earn now, next payment 06:00 UTC+0.0468%/8h= +51.2% APRpaid last 24h +0.153%
Price spread now: BloFin against Coinbase International−0.201%58s7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days+0.445%+$45 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.201%, 7d avg −0.078%
=Funding pays, the price is against you. BloFin is 0.123% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of −0.078%). If the spread goes back, that is −$12 on $10k: about 21 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.445% in total) that is about 46 hours. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FIL-PERP-INTX | 0.9940 | −0.0248 | get 0.0031% / 1h | 0m 15s | $349K | $2.2M | 50x |
| Short | BloFin FIL-USDT | 0.9920 | 0.0220 | get 0.0220% / 8h | 1h 00m | $2.7M | $675K | 75x |
Coinbase International FIL-PERP-INTX
BloFin FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $98.28
- Price spread: −0.201% → −0.078%
- −$12.3
- Slippage, 4 orders
- −$17.93
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $46.05
- Costs to cover
- 0.399%
- Break-even
- 3.7 days
Slippage from Coinbase International: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago | 5.54 bp | 13.4 bp −$13 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.50 bp | 8.5 bp −$9 | 9.1 bp −$91 | 33.0 bp −$3,298 | 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 | −0.0455% | 1h | 0.9927 | −0.131% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTXlong | −0.0248% | 1h | 0.9940 | long leg | $349K | $2.2M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9925 | −0.147% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9913 | −0.271% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.855% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0070% | 8h | 0.9915 | −0.252% | $7.0M | $8.0M | 50x | as long as short |
| OKX FIL-USDT-SWAP | +0.0084% | 8h | 0.9922 | −0.181% | $17.9M | $108.5M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9918 | −0.218% | $148K | $356K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9927 | −0.133% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9923 | −0.167% | $506K | $606K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
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 | 0.9922 | −0.181% | $55.9M | $185.9M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9921 | −0.191% | $15.5M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9920 | −0.201% | $8.2M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9919 | −0.211% | $230K | $106K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9919 | −0.211% | $11.2M | $19.8M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9923 | −0.171% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9911 | −0.294% | $441K | $283K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9926 | −0.138% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9924 | −0.163% | $290K | $1.4M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9950 | +0.101% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9932 | −0.077% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9920 | −0.201% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9921 | −0.191% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9930 | −0.101% | $618K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | −0.201% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9921 | −0.193% | $697K | $1.4M | 10x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9920 | −0.201% | $2.7M | $675K | 75x | |
| Kraken Futures PF_FILUSD | +0.0246% | 1h | 0.9926 | −0.145% | $1.4M | $2.1M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0602% / S −0.0280% | 1h | 0.9924 | −0.159% | $265K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
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
GMX FIL/USD [WBTC.b-USDC]