Funding you earn now, next payment 04:00 UTC+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.126%
Price spread now: Extended against Coinbase International−0.339%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.339%, 7d avg −0.126%
=Together, before fees+0.482%+ Points / potential airdropExtended: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.213% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.339% now, against its 7-day average of −0.126%). If the spread goes back, that is −$21 on $10k: about 2.1 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.198% in total) that is about 7.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.198% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FIL-PERP-INTX | 0.9995 | −0.0240 | get 0.0030% / 1h | 26m 47s | $365K | $2.1M | 50x |
| Short | Extended FIL-USD | 0.9961 | 0.0104 | get 0.0013% / 1h | 26m 47s | $700K | $3.3M | 10x |
Coinbase International FIL-PERP-INTX
Extended FIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $72.24
- Price spread: −0.339% → −0.126%
- −$21.3
- Slippage, 4 orders
- −$26.11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $9.83
- Costs to cover
- 0.411%
- Break-even
- 6.0 days
Slippage from Coinbase International: live order book, 2 min ago; Extended: 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 Coinbase International live order book, 2 min ago | 5.51 bp | 14.3 bp −$14 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 1.20 bp | 7.0 bp −$7 | 37.5 bp −$375 | 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 | −0.0752% | 1h | 0.9969 | −0.260% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTXlong | −0.0240% | 1h | 0.9995 | long leg | $365K | $2.1M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9970 | −0.250% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9978 | −0.175% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0001% | 8h | 0.9968 | −0.270% | $18.5M | $106.0M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0024% | 8h | 0.9968 | −0.270% | $7.3M | $7.7M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.401% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0067% | 1h | 0.9972 | −0.226% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9964 | −0.306% | $153K | $365K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9967 | −0.276% | $8.4M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9978 | −0.174% | $509K | $611K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9972 | −0.234% | $57.4M | $184.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9969 | −0.260% | $15.8M | $20.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9970 | −0.250% | $8.4M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9963 | −0.320% | $240K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9966 | −0.290% | $11.1M | $20.2M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9969 | −0.260% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0019 | +0.238% | $453K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9993 | −0.024% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9987 | −0.077% | $290K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0030 | +0.350% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9977 | −0.178% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | −0.250% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9968 | −0.270% | $475 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9976 | −0.190% | $619K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9960 | −0.350% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USDshort | +0.0104% | 1h | 0.9961 | −0.339% | $700K | $3.3M | 10x | |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9971 | −0.240% | $2.7M | $702K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0582% / S −0.0250% | 1h | 0.9970 | −0.251% | $266K | — | 100x | as long as short |
Aster FILUSDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]