Funding you earn now, next payment 09:00 UTC−0.0455%/8h= −49.8% APRpaid last 24h −0.214%
Price spread now: Deribit against SunX−0.010%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2212.210% of the position
Funding, last 7 days−0.477%−$48 on $10k
+Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.010%, 7d avg +0.054%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Deribit is 0.064% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX FIL-USDT | 0.9910 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $3K | $1.1M | 20x |
| Short | Deribit FIL_USDC-PERPETUAL | 0.9909 | −0.0355 | pay 0.0044% / 1h | 35m 35s | $170K | $23K | 25x |
SunX FIL-USDT
Deribit FIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SunX. 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
- −$95.55
- Price spread: −0.010% → +0.054%
- −$6.37
- Slippage, 4 orders
- −$205.98
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$322.9
- Costs to cover
- 2.210%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; Deribit: live order book, 63 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 SunX live order book, 7 min ago | 25.24 bp | 67.8 bp −$68 | 114.6 bp −$1,146 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 63 min ago | 6.07 bp | 11.6 bp −$12 | 19.6 bp −$196 | doesn't fit | 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-PERPETUALshort | −0.0355% | 1h | 0.9909 | −0.010% | $170K | $23K | 25x | |
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9920 | +0.101% | $352K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9906 | −0.038% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9908 | −0.021% | $58K | $617 | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.555% | $2K | $240K | 12x | as long as short |
| Bybit FILUSDT | +0.0069% | 8h | 0.9903 | −0.071% | $15.3M | $20.3M | 25x | as long as short |
| KuCoin FILUSDTM | +0.0086% | 8h | 0.9905 | −0.050% | $7.0M | $7.8M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9901 | −0.088% | $144K | $345K | 5x | as long as short |
| Kraken Futures PF_FILUSD | +0.0098% | 1h | 0.9914 | +0.035% | $1.4M | $2.1M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9910 | −0.004% | $8.3M | $9.4M | 5x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Bybit FILUSDT
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 | 0.9906 | −0.039% | $505K | $552K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9906 | −0.040% | $56.1M | $183.6M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9906 | −0.040% | $17.7M | $106.3M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9908 | −0.020% | $8.4M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9898 | −0.121% | $229K | $98K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9903 | −0.071% | $11.2M | $19.5M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9906 | −0.040% | — | $11.7M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9901 | −0.092% | $441K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9893 | −0.167% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9901 | −0.093% | $290K | $1.5M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9900 | −0.101% | $23K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9916 | +0.064% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDTlong | +0.0100% | 8h | 0.9910 | long leg | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9907 | −0.030% | $474 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9912 | +0.020% | $623K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | −0.101% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9904 | −0.063% | $697K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9924 | +0.141% | $2.7M | $659K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9905 | −0.048% | $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
Orderly PERP_FIL_USDC_mythos
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]