Funding you earn now, next payment 00:00 UTC+0.0661%/8h= +72.4% APRnext payment +$0.83 per $10,000 · paid last 24h +0.130%
Price spread now: dYdX against Deribit−0.081%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. dYdX is 0.081% cheaper against Deribit than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 10 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.229% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.83 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 | Deribit FIL_USDC-PERPETUAL | 0.9873 | −0.0661 | get 0.0083% / 1h | 18m 17s | $170K | $23K | 25x |
| Short | dYdX FIL-USD | 0.9865 | 0 | get 0.0000% / 1h | 18m 17s | $58K | $2K | 10x |
Deribit FIL_USDC-PERPETUAL
dYdX FIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $138.81
- Price spread: −0.081% → 0.000%
- −$8.08
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $113.73
- Costs to cover
- 0.170%
- Break-even
- 1.3 days
Slippage unknown: Deribit: live order book, 60 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 Deribit live order book, 60 min ago | 3.03 bp | 19.7 bp −$20 | 28.6 bp −$286 | 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 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-PERPETUALlong | −0.0661% | 1h | 0.9873 | long leg | $170K | $23K | 25x | |
| Kraken Futures PF_FILUSD | −0.0394% | 1h | 0.9871 | −0.024% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9848 | −0.253% | $315K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.182% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0030% | 8h | 0.9863 | −0.101% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9871 | −0.018% | $25K | — | 150x | as long as short |
| dYdX FIL-USDshort | 0.0000% | 1h | 0.9865 | −0.081% | $58K | $2K | 10x | |
| OKX FIL-USDT-SWAP | +0.0008% | 8h | 0.9858 | −0.152% | $18.1M | $99.1M | 50x | as long as short |
| Bitget FILUSDT | +0.0033% | 8h | 0.9865 | −0.081% | $10.9M | $21.6M | 75x | as long as short |
| Extended FIL-USD | +0.0040% | 1h | 0.9863 | −0.100% | $689K | $2.3M | 10x | as long as short |
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
Bitget FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0043% | 8h | 0.9865 | −0.082% | $57.2M | $179.4M | 75x | as long as short |
| Bybit FILUSDT | +0.0046% | 8h | 0.9862 | −0.111% | $15.4M | $18.4M | 25x | as long as short |
| MEXC FIL_USDC | +0.0048% | 8h | 0.9860 | −0.132% | $250K | $105K | 50x | as long as short |
| BingX FIL-USDC | +0.0049% | 8h | 0.9867 | −0.061% | — | $6.5M | — | as long as short |
| Gate FIL_USDT | +0.0073% | 8h | 0.9866 | −0.071% | $8.1M | $16.4M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9859 | −0.145% | $158K | $348K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9868 | −0.055% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9866 | −0.075% | $494K | $546K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9853 | −0.201% | $440K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9835 | −0.383% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9843 | −0.300% | $294K | $805K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9840 | −0.334% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9873 | −0.001% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.132% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9863 | −0.101% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9866 | −0.071% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | −0.132% | $1.1M | $2.4M | 50x | as long as short |
| BloFin FIL-USDT | +0.0163% | 8h | 0.9857 | −0.162% | $2.7M | $568K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0571% / S −0.0666% | 1h | 0.9872 | −0.012% | $196K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
MEXC FIL_USDC
BingX FIL-USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster 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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]