Funding you earn now, next payment 00:00 UTC−0.0360%/8h= −39.4% APRnext payment −$0.45 per $10,000 · paid last 24h −0.114%
Price spread now: Coinbase International against Extended+0.114%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 3 days (all we have)−0.069%−$7 · spread now +0.114%, 7d avg +0.129%
=Together, before fees−0.260%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.129%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.190% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FIL-USD | 0.9858 | 0.0032 | pay 0.0004% / 1h | 30m 14s | $691K | $3.6M | 10x |
| Short | Coinbase International FIL-PERP-INTX | 0.9869 | −0.0328 | pay 0.0041% / 1h | 30m 14s | $315K | $1.8M | 50x |
Extended FIL-USD
Coinbase International FIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$75.6
- Price spread: +0.114% → +0.129%
- −$1.49
- Slippage, 4 orders
- −$25.3
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$117.38
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Coinbase International: 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 Extended live order book, 4 min ago | 1.27 bp | 7.0 bp −$7 | 60.7 bp −$607 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 5.58 bp | 13.0 bp −$13 | 17.6 bp −$176 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0560% | 1h | 0.9869 | +0.114% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0332% | 1h | 0.9868 | +0.101% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTXshort | −0.0328% | 1h | 0.9869 | +0.114% | $315K | $1.8M | 50x | |
| OKX FIL-USDT-SWAP | −0.0042% | 8h | 0.9860 | +0.023% | $17.9M | $97.7M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0040% | 8h | 0.9861 | +0.033% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9864 | +0.064% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9875 | +0.179% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0029% | 8h | 0.9859 | +0.017% | $56.8M | $177.8M | 75x | as long as short |
| Extended FIL-USDlong | +0.0032% | 1h | 0.9858 | long leg | $691K | $3.6M | 10x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.028% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0061% | 8h | 0.9859 | +0.012% | $244K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0065% | 8h | 0.9861 | +0.033% | $10.9M | $21.4M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9856 | −0.021% | $159K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9863 | +0.050% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9864 | +0.062% | $503K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9864 | +0.063% | $15.3M | $18.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9863 | +0.053% | $8.2M | $16.1M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9862 | +0.043% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9865 | +0.073% | $443K | $280K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9847 | −0.107% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9856 | −0.022% | $291K | $812K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | +0.124% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9871 | +0.137% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.023% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9860 | +0.023% | $491 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9875 | +0.175% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.023% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0116% | 8h | 0.9864 | +0.063% | $2.6M | $575K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0539% / S −0.0538% | 1h | 0.9865 | +0.074% | $196K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]