Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.48 per $10,000 · paid last 24h +0.027%
Price spread now: Bitget against OKX−0.020%7-day average +0.003% · 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−$45as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.020%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.024% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.138%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 0.9805 | 0.0018 | pay 0.0018% / 8h | 2h 08m | $18.1M | $95.6M | 50x |
| Short | Bitget FILUSDT | 0.9803 | −0.0030 | pay 0.0030% / 8h | 2h 08m | $10.8M | $21.4M | 75x |
OKX FIL-USDT-SWAP
Bitget FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$10.1
- Price spread: −0.020% → +0.003%
- −$2.38
- Slippage, 4 orders
- −$20.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$55.36
- Costs to cover
- 0.429%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 10 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 OKX live order book, 5 min ago | 0.51 bp | 9.0 bp −$9 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 10 min ago | 0.51 bp | 8.2 bp −$8 | 15.9 bp −$159 | 41.5 bp −$4,145 | 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 | −0.1277% | 1h | 0.9806 | +0.010% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0625% | 1h | 0.9805 | −0.003% | $1.4M | $2.2M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9856 | +0.520% | $315K | $1.9M | 50x | as long as short |
| Lighter FIL | −0.0320% | 1h | 0.9797 | −0.083% | $156K | $337K | 5x | as long as short |
| Bybit FILUSDT | −0.0035% | 8h | 0.9805 | 0.000% | $15.4M | $17.9M | 25x | as long as short |
| Bitget FILUSDTshort | −0.0030% | 8h | 0.9803 | −0.020% | $10.8M | $21.4M | 75x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9810 | +0.050% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9807 | +0.016% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAPlong | +0.0018% | 8h | 0.9805 | long leg | $18.1M | $95.6M | 50x | |
| KuCoin FILUSDTM | +0.0023% | 8h | 0.9808 | +0.031% | $7.3M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Lighter FIL
Bybit FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9850 | +0.459% | $2K | $182K | 12x | as long as short |
| Variational Omni FIL | +0.0037% | 8h | 0.9797 | −0.079% | $435K | $276K | — | as long as short |
| MEXC FIL_USDC | +0.0087% | 8h | 0.9797 | −0.082% | $249K | $106K | 50x | as long as short |
| Binance FILUSDT | +0.0088% | 8h | 0.9807 | +0.018% | $56.4M | $174.6M | 75x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9804 | −0.011% | $685K | $2.3M | 10x | as long as short |
| BingX FIL-USDT | +0.0093% | 8h | 0.9805 | 0.000% | — | $11.9M | — | as long as short |
| Hyperliquid FIL | +0.0093% | 1h | 0.9806 | +0.010% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9804 | −0.009% | $485K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9808 | +0.031% | $7.8M | $16.4M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9795 | −0.102% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9798 | −0.071% | $287K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9810 | +0.051% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9814 | +0.095% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9800 | −0.051% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9798 | −0.071% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9800 | −0.051% | $621K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9800 | −0.051% | $1.0M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0208% | 8h | 0.9798 | −0.071% | $2.6M | $640K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0624% / S −0.0759% | 1h | 0.9810 | +0.055% | $217K | — | 100x | as long as short |
Injective FIL/USDC PERP
Variational Omni FIL
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDT
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
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]