Funding you earn now, next payment 11:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h +0.021%
Price spread now: edgeX against Kraken Futures−0.179%76s7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as 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−$500.496% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.179%, 7d avg −0.078%
=Together, before fees+0.220%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.100% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.078%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.205%, so the current rate has only just turned against you. The two prices were read 76 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 | Kraken Futures PF_FILUSD | 0.9862 | 0.0288 | pay 0.0036% / 1h | 1m 51s | $1.4M | $2.0M | 50x |
| Short | edgeX FILUSDC | 0.9844 | 0.0100 | get 0.0050% / 4h | 1h 01m | $45K | $296K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$39.45
- Price spread: −0.179% → −0.078%
- −$10.02
- Slippage, 4 orders
- −$30.62
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$99.09
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; edgeX: live order book, 44 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 Kraken Futures live order book, 5 min ago | 4.06 bp | 16.7 bp −$17 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 3.06 bp | 8.3 bp −$8 | 137.3 bp −$1,373 | doesn't fit | doesn't fit |
FIL on 29 exchanges
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 | −0.0200% | 1h | 0.9859 | −0.029% | $323K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9860 | −0.021% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9845 | −0.166% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 0.9862 | +0.002% | $169K | $7K | 25x | as long as short |
| Bybit FILUSDT | +0.0027% | 8h | 0.9855 | −0.069% | $15.3M | $17.9M | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.069% | $2K | $240K | 12x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9854 | −0.079% | $153K | $260K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9862 | +0.001% | $7.9M | $3.0M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9861 | −0.006% | $502K | $276K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9860 | −0.019% | $57.0M | $153.2M | 75x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9857 | −0.049% | $17.1M | $89.8M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9857 | −0.049% | $8.2M | $14.4M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9854 | −0.079% | $226K | $93K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9858 | −0.039% | $7.2M | $7.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9852 | −0.100% | $11.0M | $17.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9856 | −0.059% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9841 | −0.212% | $444K | $218K | — | as long as short |
| edgeX FILUSDCshort | +0.0100% | 4h | 0.9844 | −0.179% | $45K | $296K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9847 | −0.151% | $296K | $1.9M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9850 | −0.120% | $23K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9868 | +0.063% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.120% | $3K | $975K | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9857 | −0.049% | $471 | $8K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9861 | −0.008% | $627K | $4.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.120% | $1.3M | $2.4M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9856 | −0.063% | $692K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9843 | −0.191% | $2.7M | $654K | 75x | as long as short |
| Kraken Futures PF_FILUSDlong | +0.0288% | 1h | 0.9862 | long leg | $1.4M | $2.0M | 50x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0596% / S −0.0280% | 1h | 0.9857 | −0.046% | $264K | — | 100x | as long as short |
Kraken Futures PF_FILUSD
edgeX FILUSDC
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Deribit FIL_USDC-PERPETUAL
Bybit FILUSDT
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]