Funding you earn now, next payment 10:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.125%
Price spread now: dYdX against Coinbase International+0.001%86s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.128% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FIL-PERP-INTX | 0.9859 | −0.0200 | get 0.0025% / 1h | 6m 54s | $323K | $2.1M | 50x |
| Short | dYdX FIL-USD | 0.9859 | 0 | get 0.0000% / 1h | 6m 54s | $58K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $42
- Price spread: +0.001% → 0.000%
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $22.12
- Costs to cover
- 0.200%
- Break-even
- 3.3 days
Slippage unknown: Coinbase International: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
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 | 5.09 bp | 12.0 bp −$12 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
FIL on 29 exchanges
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 | −0.0200% | 1h | 0.9859 | long leg | $323K | $2.1M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9853 | −0.061% | $25K | — | 150x | as long as short |
| dYdX FIL-USDshort | 0.0000% | 1h | 0.9859 | +0.001% | $58K | $2K | 10x | |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 0.9842 | −0.172% | $168K | $7K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.041% | $2K | $240K | 12x | as long as short |
| Bybit FILUSDT | +0.0035% | 8h | 0.9841 | −0.183% | $15.2M | $17.8M | 25x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9835 | −0.247% | $151K | $258K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9844 | −0.154% | $7.9M | $3.0M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9846 | −0.131% | $502K | $276K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9846 | −0.132% | $56.8M | $153.3M | 75x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9842 | −0.172% | $17.1M | $89.8M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9845 | −0.142% | $8.2M | $14.4M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9833 | −0.264% | $226K | $92K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9842 | −0.172% | $7.2M | $7.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9835 | −0.243% | $11.0M | $17.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9843 | −0.162% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9816 | −0.436% | $443K | $220K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9844 | −0.157% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9850 | −0.095% | $296K | $1.9M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9840 | −0.193% | $23K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9852 | −0.074% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9840 | −0.193% | $2K | $975K | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9838 | −0.213% | $471 | $8K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9845 | −0.142% | $625K | $4.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9830 | −0.294% | $1.3M | $2.4M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9839 | −0.204% | $693K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9854 | −0.051% | $2.7M | $655K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0288% | 1h | 0.9843 | −0.165% | $1.3M | $2.0M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0596% / S −0.0280% | 1h | 0.9840 | −0.196% | $263K | — | 100x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Bybit FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
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]