Funding you earn now, next payment 23:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.025%
Price spread now: Phemex against Extended+0.030%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.703% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.030%, 7d avg +0.025%
=Together, before fees+0.073%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FIL-USD | 0.9937 | 0.0072 | pay 0.0009% / 1h | 5m 14s | $692K | $2.3M | 10x |
| Short | Phemex FILUSDT | 0.9940 | 0.0100 | get 0.0100% / 8h | 1h 05m | $1.1M | $2.3M | 50x |
Extended FIL-USD
Phemex FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $5.88
- Price spread: +0.030% → +0.025%
- $0.48
- Slippage, 4 orders
- −$53.26
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$63.9
- Costs to cover
- 0.703%
- Break-even
- 83.1 days
Slippage from Extended: live order book, 3 min ago; Phemex: 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, 3 min ago | 1.36 bp | 7.1 bp −$7 | 65.5 bp −$655 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 5.04 bp | 21.4 bp −$21 | 103.8 bp −$1,038 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0690% | 1h | 0.9944 | +0.071% | $1.3M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0554% | 1h | 0.9947 | +0.101% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9946 | +0.090% | $323K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.825% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9943 | +0.062% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9940 | +0.031% | $58K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0011% | 8h | 0.9936 | −0.010% | $10.9M | $21.4M | 75x | as long as short |
| KuCoin FILUSDTM | +0.0013% | 8h | 0.9941 | +0.040% | $7.4M | $7.1M | 50x | as long as short |
| Bybit FILUSDT | +0.0035% | 8h | 0.9941 | +0.040% | $15.5M | $18.1M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0037% | 8h | 0.9939 | +0.020% | $18.2M | $98.6M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bitget FILUSDT
KuCoin FILUSDTM
Bybit FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USDlong | +0.0072% | 1h | 0.9937 | long leg | $692K | $2.3M | 10x | |
| MEXC FIL_USDC | +0.0072% | 8h | 0.9930 | −0.071% | $252K | $105K | 50x | as long as short |
| Binance FILUSDT | +0.0075% | 8h | 0.9938 | +0.010% | $57.5M | $176.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0077% | 8h | 0.9939 | +0.020% | — | $11.9M | — | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9933 | −0.044% | $159K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9939 | +0.020% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9941 | +0.042% | $499K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9942 | +0.050% | $7.9M | $16.3M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9931 | −0.059% | $442K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9919 | −0.178% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9919 | −0.180% | $288K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9930 | −0.071% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9946 | +0.090% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9940 | +0.030% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9939 | +0.020% | $491 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9949 | +0.121% | $630K | $5.6M | 75x | as long as short |
| Phemex FILUSDTshort | +0.0100% | 8h | 0.9940 | +0.030% | $1.1M | $2.3M | 50x | |
| BloFin FIL-USDT | +0.0195% | 8h | 0.9941 | +0.040% | $2.7M | $661K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0709% | 1h | 0.9943 | +0.065% | $208K | — | 100x | as long as short |
MEXC FIL_USDC
Binance FILUSDT
BingX FIL-USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Gate 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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]