Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.022%
Price spread now: Injective against SunX−1.351%61s7-day average +1.607% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)−1.357%−$136 · spread now −1.351%, 7d avg +1.607%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.958% cheaper against SunX than usual: you would sell low and buy high (−$296 if the spread goes back to its 7-day average of +1.607%). Swap the legs. The two prices were read 61 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 | SunX FIL-USDT | 0.9990 | 0.0100 | pay 0.0100% / 8h | 6h 48m | $3K | $1.1M | 20x |
| Short | Injective FIL/USDC PERP | 0.9855 | 0.0033 | get 0.0004% / 1h | 48m 13s | $2K | $240K | 12x |
SunX FIL-USDT
Injective FIL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −1.351% → +1.607%
- −$295.81
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$317.83
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 5 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 SunX live order book, 5 min ago | 20.06 bp | 61.2 bp −$61 | 91.1 bp −$911 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 1.0000 | +0.100% | $376K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0191% | 1h | 1.0009 | +0.186% | $1.4M | $2.4M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0061% | 8h | 1.0009 | +0.190% | $18.4M | $100.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0042% | 8h | 1.0009 | +0.190% | $7.4M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0005% / S +0.0006% | 1h | 0.9993 | +0.035% | $36K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0009 | +0.187% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 1.0005 | +0.150% | $172K | $23K | 25x | as long as short |
| Extended FIL-USD | +0.0024% | 1h | 0.9992 | +0.024% | $699K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0025% | 8h | 1.0009 | +0.190% | $57.6M | $181.8M | 75x | as long as short |
| Injective FIL/USDC PERPshort | +0.0033% | 1h | 0.9855 | −1.351% | $2K | $240K | 12x |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Extended FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate FIL_USDT | +0.0037% | 8h | 1.0010 | +0.200% | $8.3M | $15.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0064% | 8h | 0.9998 | +0.080% | $245K | $103K | 50x | as long as short |
| BloFin FIL-USDT | +0.0093% | 8h | 0.9993 | +0.030% | $2.7M | $610K | 75x | as long as short |
| Bitget FILUSDT | +0.0094% | 8h | 1.0009 | +0.190% | $11.2M | $22.0M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0000 | +0.102% | $161K | $342K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0009 | +0.190% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9987 | −0.031% | $509K | $611K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0009 | +0.190% | $15.7M | $18.8M | 25x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0008 | +0.180% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9935 | −0.551% | $447K | $269K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9940 | −0.496% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9947 | −0.428% | $292K | $836K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9940 | −0.501% | $30K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9997 | +0.074% | $5K | — | 10x | as long as short |
| SunX FIL-USDTlong | +0.0100% | 8h | 0.9990 | long leg | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9996 | +0.060% | $492 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0013 | +0.230% | $643K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0000 | +0.100% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0572% / S −0.0592% | 1h | 0.9995 | +0.055% | $202K | — | 100x | as long as short |
Gate FIL_USDT
MEXC FIL_USDC
BloFin FIL-USDT
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit 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
GMX FIL/USD [WBTC.b-USDC]