Funding you earn now, next payment 04:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.191%
Price spread now: HTX against Deribit+0.020%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$590.591% of the position
Funding, last 7 days+0.617%+$62 on $10k
+Price spread, last 4 days (all we have)+0.394%+$39 · spread now +0.020%, 7d avg +0.104%
=Funding pays, the price is against you. HTX is 0.084% cheaper against Deribit than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.104%). If the spread goes back, that is −$8 on $10k: about 27 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FIL_USDC-PERPETUAL | 1.0001 | −0.0150 | get 0.0019% / 1h | 13m 41s | $172K | $23K | 25x |
| Short | HTX FIL-USDT | 1.0003 | 0.0100 | get 0.0100% / 8h | 4h 13m | $626K | $5.8M | 75x |
Deribit FIL_USDC-PERPETUAL
HTX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $52.5
- Price spread: +0.020% → +0.104%
- −$8.4
- Slippage, 4 orders
- −$40.11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$15.01
- Costs to cover
- 0.591%
- Break-even
- 9.0 days
Slippage from Deribit: live order book, 45 min ago; HTX: live order book, 5 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, 45 min ago | 3.50 bp | 22.9 bp −$23 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 2.51 bp | 17.3 bp −$17 | 66.3 bp −$663 | 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-INTX | −0.0208% | 1h | 0.9990 | −0.110% | $368K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUALlong | −0.0150% | 1h | 1.0001 | long leg | $172K | $23K | 25x | |
| OKX FIL-USDT-SWAP | −0.0045% | 8h | 1.0001 | 0.000% | $18.5M | $105.1M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0005% | 8h | 0.9996 | −0.050% | $7.3M | $7.6M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9997 | −0.036% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0002 | +0.011% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.460% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 1.0002 | +0.009% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9997 | −0.044% | $155K | $362K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0005 | +0.040% | $8.5M | $9.5M | 5x | as long as short |
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
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 | 0.9996 | −0.050% | $513K | $606K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0002 | +0.010% | $57.5M | $183.4M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0000 | −0.010% | $15.8M | $20.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0000 | −0.010% | $8.5M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9995 | −0.060% | $242K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0001 | 0.000% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9998 | −0.030% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9986 | −0.152% | $450K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9990 | −0.107% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9979 | −0.217% | $291K | $984K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9980 | −0.210% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0007 | +0.061% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9990 | −0.110% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9995 | −0.060% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDTshort | +0.0100% | 8h | 1.0003 | +0.020% | $626K | $5.8M | 75x | |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | −0.110% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9999 | −0.019% | $708K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9986 | −0.150% | $2.7M | $666K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 0.9997 | −0.044% | $267K | — | 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
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]