Funding you earn now, next payment 06:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.157%
Price spread now: SunX against Coinbase International−0.292%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2142.144% of the position
Funding, last 7 days+0.336%+$34 on $10k
+Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.292%, 7d avg −0.088%
=Funding pays, the price is against you. SunX is 0.204% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of −0.088%). If the spread goes back, that is −$20 on $10k: about 47 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.336% in total) that is about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FIL-PERP-INTX | 0.9919 | −0.0248 | get 0.0031% / 1h | 30m 13s | $352K | $2.3M | 50x |
| Short | SunX FIL-USDT | 0.9890 | 0.0100 | get 0.0100% / 8h | 1h 30m | $3K | $1.2M | 20x |
Coinbase International FIL-PERP-INTX
SunX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $73.08
- Price spread: −0.292% → −0.088%
- −$20.42
- Slippage, 4 orders
- −$196.38
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$161.71
- Costs to cover
- 2.144%
- Break-even
- 22.5 days
Slippage from Coinbase International: live order book, 4 min ago; SunX: 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, 4 min ago | 5.57 bp | 13.0 bp −$13 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 25.34 bp | 124.5 bp −$124 | 417.2 bp −$4,172 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTXlong | −0.0248% | 1h | 0.9919 | long leg | $352K | $2.3M | 50x | |
| Deribit FIL_USDC-PERPETUAL | −0.0154% | 1h | 0.9901 | −0.181% | $170K | $23K | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9892 | −0.270% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9894 | −0.253% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.645% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0050% | 8h | 0.9894 | −0.252% | $17.9M | $108.9M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0058% | 8h | 0.9893 | −0.262% | $7.0M | $8.0M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9891 | −0.283% | $148K | $355K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9891 | −0.277% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9897 | −0.221% | $504K | $606K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
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 | 0.9895 | −0.239% | $55.7M | $187.5M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9893 | −0.262% | $15.5M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9900 | −0.192% | $8.2M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9894 | −0.252% | $230K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9894 | −0.252% | $11.2M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9895 | −0.242% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9885 | −0.345% | $439K | $273K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9861 | −0.588% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9863 | −0.569% | $291K | $1.3M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.494% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9906 | −0.129% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDTshort | +0.0100% | 8h | 0.9890 | −0.292% | $3K | $1.2M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9895 | −0.242% | $480 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9905 | −0.141% | $615K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9890 | −0.292% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9896 | −0.230% | $693K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9860 | −0.595% | $2.6M | $673K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0247% | 1h | 0.9899 | −0.201% | $1.3M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0280% | 1h | 0.9886 | −0.331% | $264K | — | 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
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]