Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.179%
Price spread now: Orderly against Deribit+0.078%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.078% dearer against Deribit than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FIL_USDC-PERPETUAL | 1.0026 | 0 | get 0.0000% / 1h | 55m 36s | $172K | $23K | 25x |
| Short | Orderly PERP_FIL_USDC_mythos | 1.0034 | 0.0100 | get 0.0050% / 4h | 1h 55m | $5K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: +0.078% → 0.000%
- $7.78
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $15.78
- Costs to cover
- 0.130%
- Break-even
- 1.7 days
Slippage unknown: Deribit: live order book, 8 min ago; Orderly: 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, 8 min ago | 75.24 bp | 78.7 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 1.0010 | −0.160% | $379K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0011 | −0.154% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0059% | 8h | 0.9966 | −0.598% | $18.9M | $98.3M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 0.9975 | −0.509% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0026 | −0.003% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9975 | −0.507% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUALlong | 0.0000% | 1h | 1.0026 | long leg | $172K | $23K | 25x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.706% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0048% | 8h | 0.9968 | −0.580% | $57.6M | $177.0M | 75x | as long as short |
| Extended FIL-USD | +0.0048% | 1h | 0.9968 | −0.583% | $702K | $3.3M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0084% | 8h | 0.9978 | −0.479% | $244K | $102K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9970 | −0.557% | $159K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9987 | −0.388% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9990 | −0.357% | $510K | $582K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9969 | −0.569% | $15.6M | $19.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9974 | −0.519% | $8.5M | $16.3M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9968 | −0.578% | $11.0M | $20.2M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9974 | −0.519% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0031 | +0.048% | $450K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9967 | −0.585% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9969 | −0.567% | $292K | $863K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9970 | −0.559% | $30K | $185K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythosshort | +0.0100% | 4h | 1.0034 | +0.078% | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | −0.259% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0004 | −0.219% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9998 | −0.279% | $643K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | −0.359% | $1.1M | $2.4M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0035 | +0.089% | $268K | — | 100x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
Binance FILUSDT
Extended FIL-USD
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]