Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.029%
Price spread now: Binance against edgeX−0.233%80s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)−0.349%−$35 · spread now −0.233%, 7d avg +0.033%
=Together, before fees−0.465%+ Points / potential airdropedgeX: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.266% cheaper against edgeX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.033%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX FILUSDC | 1.0083 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $46K | $294K | 10x |
| Short | Binance FILUSDT | 1.0060 | 0.0075 | get 0.0075% / 8h | 5h 10m | $58.6M | $179.8M | 75x |
edgeX FILUSDC
Binance FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$5.17
- Price spread: −0.233% → +0.033%
- −$26.63
- Slippage, 4 orders
- −$14.58
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.38
- Costs to cover
- 0.336%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 53 min ago; Binance: live order book, 3 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 edgeX live order book, 53 min ago | 3.52 bp | 8.5 bp −$9 | 30.8 bp −$308 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.50 bp | 7.5 bp −$7 | 14.6 bp −$146 | 48.9 bp −$4,885 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0445% | 1h | 1.0071 | −0.124% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0070 | −0.134% | $377K | $2.2M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0069 | −0.142% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0062% | 8h | 1.0059 | −0.243% | $19.0M | $102.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0014% | 8h | 1.0061 | −0.223% | $7.5M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0065 | −0.180% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0069 | −0.144% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −2.266% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 1.0058 | −0.252% | $712K | $3.3M | 10x | as long as short |
| Binance FILUSDTshort | +0.0075% | 8h | 1.0060 | −0.233% | $58.6M | $179.8M | 75x |
Deribit FIL_USDC-PERPETUAL
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-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0091% | 8h | 1.0063 | −0.203% | $244K | $105K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0062 | −0.216% | $158K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0063 | −0.203% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0070 | −0.133% | $511K | $586K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0059 | −0.243% | $15.9M | $19.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0064 | −0.193% | $8.6M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0061 | −0.223% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0062 | −0.213% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0047 | −0.366% | $452K | $265K | — | as long as short |
| edgeX FILUSDClong | +0.0100% | 4h | 1.0083 | long leg | $46K | $294K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0073 | −0.100% | $299K | $905K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0090 | +0.065% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0073 | −0.100% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0060 | −0.233% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0061 | −0.223% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0063 | −0.203% | $630K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0050 | −0.332% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0195% | 8h | 1.0050 | −0.332% | $2.8M | $649K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0576% / S −0.0237% | 1h | 1.0065 | −0.182% | $269K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
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]