Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against HTX−0.080%59s7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as 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−$450.454% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.344%−$34 · spread now −0.080%, 7d avg −0.153%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.073% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.153%. The two prices were read 59 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 | HTX FIL-USDT | 1.0042 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $629K | $5.8M | 75x |
| Short | BloFin FIL-USDT | 1.0034 | 0.0196 | get 0.0196% / 8h | 5h 07m | $2.8M | $651K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $20.1
- Price spread: −0.080% → −0.153%
- $7.32
- Slippage, 4 orders
- −$21.35
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$17.93
- Costs to cover
- 0.454%
- Break-even
- 13.2 days
Slippage from HTX: live order book, 1 min ago; BloFin: live order book, 5 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 HTX live order book, 1 min ago | 3.98 bp | 13.6 bp −$14 | 40.9 bp −$409 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.50 bp | 6.5 bp −$6 | 8.8 bp −$88 | 30.1 bp −$3,005 | 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 | −0.0446% | 1h | 1.0048 | +0.060% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0070 | +0.279% | $377K | $2.2M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0049 | +0.065% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 1.0030 | −0.119% | $19.0M | $102.0M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0016% | 8h | 1.0037 | −0.050% | $7.5M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0045 | +0.033% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0055 | +0.125% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.862% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 1.0039 | −0.032% | $708K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0075% | 8h | 1.0033 | −0.095% | $58.7M | $179.9M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0090% | 8h | 1.0031 | −0.110% | $243K | $105K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0039 | −0.030% | $158K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0038 | −0.040% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0050 | +0.076% | $519K | $586K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0032 | −0.100% | $15.9M | $19.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0045 | +0.030% | $8.6M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0026 | −0.159% | $11.1M | $20.3M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0035 | −0.070% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0047 | +0.045% | $452K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0051 | +0.089% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0063 | +0.212% | $292K | $914K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0090 | +0.478% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0051 | +0.090% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | −0.020% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0039 | −0.030% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDTlong | +0.0100% | 8h | 1.0042 | long leg | $629K | $5.8M | 75x | |
| Phemex FILUSDT | +0.0100% | 8h | 1.0030 | −0.119% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDTshort | +0.0196% | 8h | 1.0034 | −0.080% | $2.8M | $651K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0041 | −0.006% | $268K | — | 100x | as long as short |
HTX FIL-USDT
BloFin FIL-USDT
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
Extended FIL-USD
Binance FILUSDT
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]