Funding you earn now, next payment 02:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h −0.009%
Price spread now: Bybit against Extended+0.005%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.005%, 7d avg +0.033%
=Together, before fees−0.032%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.028% cheaper against Extended than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.033%). If the spread goes back, that is −$3 on $10k: about 43 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FIL-USD | 1.0059 | 0.0048 | pay 0.0006% / 1h | 4m 41s | $705K | $3.3M | 10x |
| Short | Bybit FILUSDT | 1.0059 | 0.0100 | get 0.0100% / 8h | 6h 04m | $15.8M | $19.1M | 25x |
Extended FIL-USD
Bybit FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- $10.92
- Price spread: +0.005% → +0.033%
- −$2.81
- Slippage, 4 orders
- −$25.75
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.63
- Costs to cover
- 0.417%
- Break-even
- 28.6 days
Slippage from Extended: live order book, 4 min ago; Bybit: live order book, 4 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 Extended live order book, 4 min ago | 1.70 bp | 7.4 bp −$7 | 78.8 bp −$788 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.50 bp | 13.0 bp −$13 | 35.0 bp −$350 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0448% | 1h | 1.0015 | −0.433% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 1.0030 | −0.284% | $381K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0191% | 1h | 1.0017 | −0.411% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0056% | 8h | 1.0061 | +0.025% | $18.9M | $99.1M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0042% | 8h | 1.0045 | −0.134% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0022 | −0.367% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0044 | −0.143% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −2.023% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0045% | 8h | 1.0060 | +0.015% | $58.2M | $178.0M | 75x | as long as short |
| Extended FIL-USDlong | +0.0048% | 1h | 1.0059 | long leg | $705K | $3.3M | 10x |
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
Binance FILUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0084% | 8h | 1.0047 | −0.115% | $246K | $106K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0052 | −0.060% | $160K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0030 | −0.284% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0022 | −0.360% | $513K | $582K | 20x | as long as short |
| Bybit FILUSDTshort | +0.0100% | 8h | 1.0059 | +0.005% | $15.8M | $19.1M | 25x | |
| Gate FIL_USDT | +0.0100% | 8h | 1.0058 | −0.005% | $8.5M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0058 | −0.005% | $11.1M | $20.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0061 | +0.025% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0019 | −0.395% | $451K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0038 | −0.203% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0017 | −0.416% | $298K | $864K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0040 | −0.184% | $30K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0024 | −0.340% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0010 | −0.482% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0008 | −0.502% | $487 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0020 | −0.383% | $644K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | −0.482% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 1.0020 | −0.380% | $267K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
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
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]