Funding you earn now, next payment 08:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h +0.005%
Price spread now: dYdX against Kraken Futures+0.049%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.049% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 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 | Kraken Futures PF_FILUSD | 0.9903 | 0.0197 | pay 0.0025% / 1h | 53m 18s | $1.4M | $2.1M | 50x |
| Short | dYdX FIL-USD | 0.9907 | 0 | get 0.0000% / 1h | 53m 18s | $58K | $1K | 10x |
Kraken Futures PF_FILUSD
dYdX FIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Kraken Futures. 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
- −$41.46
- Price spread: +0.049% → 0.000%
- $4.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$56.58
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
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 Kraken Futures live order book, 5 min ago | 5.04 bp | 14.3 bp −$14 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0456% | 1h | 0.9901 | −0.016% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0176% | 1h | 0.9940 | +0.378% | $349K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9899 | −0.040% | $25K | — | 150x | as long as short |
| dYdX FIL-USDshort | 0.0000% | 1h | 0.9907 | +0.049% | $58K | $1K | 10x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.480% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0070% | 8h | 0.9903 | +0.004% | $7.0M | $8.0M | 50x | as long as short |
| OKX FIL-USDT-SWAP | +0.0092% | 8h | 0.9900 | −0.026% | $17.8M | $108.1M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9897 | −0.059% | $144K | $358K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9903 | +0.007% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9905 | +0.026% | $505K | $581K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9899 | −0.036% | $55.8M | $185.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9897 | −0.056% | $15.4M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9905 | +0.025% | $8.2M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9891 | −0.117% | $229K | $99K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9898 | −0.046% | $11.2M | $19.7M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9900 | −0.026% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9886 | −0.171% | $440K | $283K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9903 | +0.009% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9909 | +0.064% | $298K | $1.4M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9900 | −0.026% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9906 | +0.033% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9890 | −0.127% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9895 | −0.076% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9905 | +0.025% | $613K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | −0.026% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9894 | −0.082% | $700K | $1.6M | 10x | as long as short |
| Kraken Futures PF_FILUSDlong | +0.0197% | 1h | 0.9903 | long leg | $1.4M | $2.1M | 50x | |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9907 | +0.045% | $2.7M | $673K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0280% | 1h | 0.9897 | −0.055% | $265K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
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
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]