Funding you earn now, next payment 03:00 UTC+0.0151%/8h= +16.5% APRpaid last 24h +0.156%
Price spread now: BingX against Deribit+0.030%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1721.717% of the position
Funding, last 7 days+0.402%+$40 on $10k
+Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.030%, 7d avg −0.085%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.115% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FIL_USDC-PERPETUAL | 0.9977 | −0.0051 | get 0.0006% / 1h | 56m 56s | $172K | $23K | 25x |
| Short | BingX FIL-USDT | 0.9980 | 0.0100 | get 0.0100% / 8h | 5h 56m | — | $11.9M | — |
Deribit FIL_USDC-PERPETUAL
BingX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- $31.71
- Price spread: +0.030% → −0.085%
- $11.52
- Slippage, 4 orders
- −$154.73
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$128.5
- Costs to cover
- 1.717%
- Break-even
- 35.4 days
Slippage from Deribit: live order book, 6 min ago; BingX: live order book, 11 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 Deribit live order book, 6 min ago | 75.24 bp | 78.7 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 0.50 bp | 7.5 bp −$7 | 11.4 bp −$114 | 26.0 bp −$2,599 | 48.7 bp −$24.4K |
FIL on 28 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-INTX | −0.0256% | 1h | 0.9970 | −0.070% | $379K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0128% | 1h | 0.9972 | −0.051% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0060% | 8h | 0.9992 | +0.150% | $18.9M | $98.6M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUALlong | −0.0051% | 1h | 0.9977 | long leg | $172K | $23K | 25x | |
| KuCoin FILUSDTM | −0.0038% | 8h | 0.9968 | −0.090% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9976 | −0.012% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9975 | −0.025% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.223% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0048% | 1h | 0.9993 | +0.157% | $702K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0048% | 8h | 0.9995 | +0.181% | $57.8M | $177.1M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Extended FIL-USD
Binance FILUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0085% | 8h | 0.9969 | −0.080% | $243K | $102K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9968 | −0.095% | $159K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9975 | −0.022% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9976 | −0.009% | $510K | $582K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9994 | +0.170% | $15.7M | $18.9M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9979 | +0.020% | $8.5M | $16.3M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9992 | +0.150% | $11.0M | $20.2M | 75x | as long as short |
| BingX FIL-USDTshort | +0.0100% | 8h | 0.9980 | +0.030% | — | $11.9M | — | |
| Variational Omni FIL | +0.0100% | 8h | 0.9994 | +0.168% | $450K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9988 | +0.111% | $46K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0005 | +0.276% | $293K | $875K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0010 | +0.331% | $30K | $185K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9977 | +0.003% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9960 | −0.170% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9966 | −0.110% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9971 | −0.060% | $638K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9960 | −0.170% | $1.1M | $2.4M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0573% / S −0.0237% | 1h | 0.9975 | −0.021% | $266K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
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
GMX FIL/USD [WBTC.b-USDC]