Funding you earn now, next payment 12:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.028%
Price spread now: Bybit against Orderly−0.130%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.130% cheaper against Orderly than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FIL_USDC_mythos | 0.9926 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $4K | $798 | 10x |
| Short | Bybit FILUSDT | 0.9913 | 0.0061 | get 0.0061% / 8h | 7h 37m | $15.3M | $20.3M | 25x |
Orderly PERP_FIL_USDC_mythos
Bybit FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- −$8.18
- Price spread: −0.130% → 0.000%
- −$13
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.18
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 1 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 0.50 bp | 10.9 bp −$11 | 30.7 bp −$307 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0153% | 1h | 0.9920 | −0.059% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9910 | −0.160% | $353K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9920 | −0.060% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9910 | −0.164% | $58K | $759 | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.714% | $2K | $240K | 12x | as long as short |
| Bybit FILUSDTshort | +0.0061% | 8h | 0.9913 | −0.130% | $15.3M | $20.3M | 25x | |
| KuCoin FILUSDTM | +0.0085% | 8h | 0.9917 | −0.090% | $7.1M | $7.8M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9912 | −0.139% | $144K | $345K | 5x | as long as short |
| Kraken Futures PF_FILUSD | +0.0098% | 1h | 0.9917 | −0.091% | $1.4M | $2.1M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9923 | −0.033% | $8.3M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Kraken Futures PF_FILUSD
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9915 | −0.113% | $505K | $552K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9916 | −0.100% | $56.2M | $183.6M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9914 | −0.120% | $17.7M | $107.0M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9920 | −0.059% | $8.4M | $16.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9910 | −0.160% | $230K | $98K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9913 | −0.130% | $11.2M | $19.5M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9914 | −0.120% | — | $11.7M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9887 | −0.393% | $440K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9893 | −0.327% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9902 | −0.239% | $290K | $1.5M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9900 | −0.261% | $25K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythoslong | +0.0100% | 4h | 0.9926 | long leg | $4K | $798 | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.160% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9913 | −0.130% | $471 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9918 | −0.080% | $623K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | −0.160% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9913 | −0.132% | $697K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9902 | −0.241% | $2.6M | $658K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0280% | 1h | 0.9918 | −0.082% | $265K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
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]