Funding you earn now, next payment 03:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.075%
Price spread now: Injective against OKX−1.686%7-day average +2.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 3 days (all we have)−0.848%−$85 · spread now −1.686%, 7d avg +2.089%
=Funding pays, the price is against you. Injective is 3.775% cheaper against OKX than usual: you would sell low and buy high (spread −1.686% now, against its 7-day average of +2.089%). If the spread goes back, that is −$378 on $10k: about 4 months of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 1.0024 | −0.0060 | get 0.0060% / 8h | 5h 53m | $18.9M | $98.9M | 50x |
| Short | Injective FIL/USDC PERP | 0.9855 | 0.0033 | get 0.0004% / 1h | 53m 22s | $2K | $240K | 12x |
OKX FIL-USDT-SWAP
Injective FIL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $19.61
- Price spread: −1.686% → +2.089%
- −$377.52
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$367.93
- Costs to cover
- 0.100%
- Break-even
- 138.4 days
Slippage unknown: OKX: live order book, 6 min ago; Injective: 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 OKX live order book, 6 min ago | 0.50 bp | 10.0 bp −$10 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 28 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 | 1.0010 | −0.140% | $379K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0008 | −0.163% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAPlong | −0.0060% | 8h | 1.0024 | long leg | $18.9M | $98.9M | 50x | |
| Deribit FIL_USDC-PERPETUAL | −0.0050% | 1h | 1.0003 | −0.209% | $172K | $23K | 25x | as long as short |
| KuCoin FILUSDTM | −0.0039% | 8h | 0.9997 | −0.269% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0015 | −0.094% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9996 | −0.277% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERPshort | +0.0033% | 1h | 0.9855 | −1.686% | $2K | $240K | 12x | |
| Extended FIL-USD | +0.0048% | 1h | 0.9995 | −0.291% | $702K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0049% | 8h | 1.0019 | −0.053% | $57.8M | $177.0M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Binance FILUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0083% | 8h | 0.9999 | −0.249% | $244K | $102K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9996 | −0.279% | $159K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0003 | −0.209% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0000 | −0.239% | $510K | $576K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0023 | −0.010% | $15.7M | $19.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0010 | −0.140% | $8.5M | $16.3M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0022 | −0.020% | $11.0M | $20.2M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0019 | −0.050% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0031 | +0.068% | $450K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9974 | −0.495% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9969 | −0.547% | $292K | $863K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9970 | −0.539% | $30K | $185K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0025 | +0.006% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9980 | −0.439% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0025 | +0.010% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0001 | −0.229% | $639K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | −0.339% | $1.1M | $2.4M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 1.0015 | −0.093% | $267K | — | 100x | as long as short |
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
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]