Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.001%
Price spread now: Binance against dYdX−0.065%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+0.094%+$9 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. Binance is 0.065% cheaper against dYdX than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.094% in total) that is about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX FIL-USD | 0.9831 | 0 | get 0.0000% / 1h | 28m 25s | $57K | $1K | 10x |
| Short | Binance FILUSDT | 0.9825 | 0.0100 | get 0.0100% / 8h | 2h 28m | $55.4M | $186.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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: −0.065% → 0.000%
- −$6.54
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$5.54
- Costs to cover
- 0.200%
- Break-even
- 8.8 days
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 15 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 0.50 bp | 8.5 bp −$8 | 17.0 bp −$170 | 53.9 bp −$5,386 | doesn't fit |
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-PERPETUAL | −0.0358% | 1h | 0.9866 | +0.352% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9866 | +0.352% | $342K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9860 | +0.287% | $26K | — | 150x | as long as short |
| dYdX FIL-USDlong | 0.0000% | 1h | 0.9831 | long leg | $57K | $1K | 10x | |
| OKX FIL-USDT-SWAP | +0.0027% | 8h | 0.9828 | −0.035% | $17.9M | $107.2M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.240% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0046% | 8h | 0.9829 | −0.025% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9820 | −0.111% | $146K | $379K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9835 | +0.040% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9830 | −0.015% | $501K | $613K | 20x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDTshort | +0.0100% | 8h | 0.9825 | −0.065% | $55.4M | $186.1M | 75x | |
| Bybit FILUSDT | +0.0100% | 8h | 0.9828 | −0.035% | $15.4M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9823 | −0.086% | $8.3M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9829 | −0.025% | $232K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9829 | −0.025% | $11.1M | $20.0M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9824 | −0.076% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9842 | +0.107% | $446K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9853 | +0.221% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9845 | +0.134% | $293K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9850 | +0.189% | $29K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9871 | +0.399% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.291% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9856 | +0.250% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9869 | +0.382% | $613K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | +0.189% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9821 | −0.102% | $693K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9843 | +0.118% | $2.6M | $691K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0252% | 1h | 0.9865 | +0.341% | $1.3M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0597% / S −0.0276% | 1h | 0.9862 | +0.310% | $264K | — | 100x | as long as short |
Binance FILUSDT
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster 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
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]