Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.7% APRnext payment +$1.52 per $10,000 · paid last 24h +0.056%
Price spread now: SunX against OKX−0.200%47s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as 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−$2352.352% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 3 days (all we have)+0.287%+$29 · spread now −0.200%, 7d avg +0.048%
=Funding pays, the price is against you. SunX is 0.247% cheaper against OKX than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of +0.048%). If the spread goes back, that is −$25 on $10k: about 5.4 days of funding at the current rate (+$5 a day). The two prices were read 47 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 | OKX FIL-USDT-SWAP | 1.0010 | −0.0052 | get 0.0052% / 8h | 6h 15m | $18.7M | $100.2M | 50x |
| Short | SunX FIL-USDT | 0.9990 | 0.0100 | get 0.0100% / 8h | 6h 15m | $3K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $32.01
- Price spread: −0.200% → +0.048%
- −$24.74
- Slippage, 4 orders
- −$217.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$227.97
- Costs to cover
- 2.352%
- Break-even
- 56.8 days
Slippage from OKX: live order book, 3 min ago; SunX: live order book, 8 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, 3 min ago | 0.50 bp | 9.0 bp −$9 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 24.89 bp | 138.1 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0296% | 1h | 1.0027 | +0.170% | $381K | $2.2M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0191% | 1h | 1.0010 | +0.002% | $1.4M | $2.4M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0149% | 1h | 1.0013 | +0.030% | $172K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAPlong | −0.0052% | 8h | 1.0010 | long leg | $18.7M | $100.2M | 50x | |
| KuCoin FILUSDTM | −0.0032% | 8h | 1.0017 | +0.070% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0009 | −0.013% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0010 | +0.005% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.548% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0040% | 1h | 1.0003 | −0.073% | $702K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0041% | 8h | 1.0010 | +0.003% | $57.8M | $180.2M | 75x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0081% | 8h | 1.0011 | +0.010% | $245K | $105K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0012 | +0.019% | $160K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0015 | +0.050% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0021 | +0.111% | $513K | $582K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0008 | −0.020% | $15.7M | $19.1M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0014 | +0.040% | $8.4M | $16.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0008 | −0.020% | $11.0M | $21.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0010 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0003 | −0.073% | $450K | $269K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0030 | +0.203% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0033 | +0.230% | $299K | $865K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0030 | +0.200% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0016 | +0.063% | $5K | — | 10x | as long as short |
| SunX FIL-USDTshort | +0.0100% | 8h | 0.9990 | −0.200% | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0003 | −0.070% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0007 | −0.030% | $646K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | 0.000% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 1.0008 | −0.017% | $267K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
SunX FIL-USDT
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
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-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]