Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against Gate−0.039%7-day average −0.008% · 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−$51as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now −0.039%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.030% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FIL_USDT | 1.0074 | 0.0100 | pay 0.0100% / 8h | 5h 31m | $8.6M | $16.5M | 50x |
| Short | Binance FILUSDT | 1.0070 | 0.0059 | get 0.0059% / 8h | 5h 31m | $58.7M | $178.7M | 75x |
Gate FIL_USDT
Binance FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$8.7
- Price spread: −0.039% → −0.008%
- −$3.01
- Slippage, 4 orders
- −$23.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.95
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 12 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 Gate live order book, 3 min ago | 1.49 bp | 14.1 bp −$14 | 27.4 bp −$274 | 48.9 bp −$4,886 | 80.8 bp −$40.4K |
| Sell Binance live order book, 12 min ago | 0.50 bp | 8.3 bp −$8 | 13.3 bp −$133 | 50.6 bp −$5,058 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0083 | +0.089% | $381K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0126% | 1h | 1.0076 | +0.024% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0059% | 8h | 1.0066 | −0.079% | $19.0M | $101.4M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0048% | 1h | 1.0071 | −0.030% | $173K | $23K | 25x | as long as short |
| KuCoin FILUSDTM | −0.0029% | 8h | 1.0069 | −0.050% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0065 | −0.089% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0083 | +0.089% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −2.174% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0056% | 1h | 1.0060 | −0.138% | $712K | $3.3M | 10x | as long as short |
| Binance FILUSDTshort | +0.0059% | 8h | 1.0070 | −0.039% | $58.7M | $178.7M | 75x |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
Deribit FIL_USDC-PERPETUAL
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 | +0.0082% | 8h | 1.0061 | −0.129% | $244K | $103K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0066 | −0.077% | $159K | $353K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0074 | 0.000% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0070 | −0.038% | $512K | $578K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0069 | −0.050% | $15.8M | $19.4M | 25x | as long as short |
| Gate FIL_USDTlong | +0.0100% | 8h | 1.0074 | long leg | $8.6M | $16.5M | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 1.0067 | −0.069% | $11.0M | $20.1M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0070 | −0.040% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0058 | −0.154% | $453K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0061 | −0.126% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0072 | −0.022% | $293K | $880K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0060 | −0.139% | $30K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0074 | +0.003% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0060 | −0.139% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0069 | −0.050% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0081 | +0.069% | $637K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0060 | −0.139% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0179% | 8h | 1.0067 | −0.069% | $2.8M | $640K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0064 | −0.095% | $269K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Bitget FILUSDT
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]