Funding you earn now, next payment 22:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.114%
Price spread now: Coinbase International against Variational Omni+0.372%7-day average +0.143% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.123%−$12 on $10k
+Price spread, last 3 days (all we have)−0.226%−$23 · spread now +0.372%, 7d avg +0.143%
=Together, before fees−0.349%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.229% dearer against Variational Omni than usual: you sell high and buy low (spread +0.372% now, against its 7-day average of +0.143%): +$23 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 3 days (−0.123% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.123% in total (about -13.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FIL | 0.9867 | 0.0100 | pay 0.0100% / 8h | 1h 20m | $439K | $277K | — |
| Short | Coinbase International FIL-PERP-INTX | 0.9904 | −0.0376 | pay 0.0047% / 1h | 20m 27s | $318K | $1.9M | 50x |
Variational Omni FIL
Coinbase International FIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- −$99.96
- Price spread: +0.372% → +0.143%
- $22.88
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$87.08
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 64 min ago; Coinbase International: live order book, 3 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 Variational Omni RFQ quote, 64 min ago | 3.55 bp | doesn't fit | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 5.56 bp | 13.4 bp −$13 | 16.8 bp −$168 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0693% | 1h | 0.9910 | +0.432% | $1.3M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0657% | 1h | 0.9911 | +0.443% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTXshort | −0.0376% | 1h | 0.9904 | +0.372% | $318K | $1.9M | 50x | |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.124% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9920 | +0.536% | $25K | — | 150x | as long as short |
| Bitget FILUSDT | −0.0002% | 8h | 0.9914 | +0.474% | $10.8M | $21.6M | 75x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9918 | +0.512% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0011% | 8h | 0.9916 | +0.494% | $7.4M | $7.0M | 50x | as long as short |
| Bybit FILUSDT | +0.0026% | 8h | 0.9909 | +0.423% | $15.4M | $18.1M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0033% | 8h | 0.9907 | +0.403% | $18.2M | $98.0M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
Bitget FILUSDT
dYdX FIL-USD
KuCoin FILUSDTM
Bybit FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0078% | 8h | 0.9912 | +0.453% | $252K | $105K | 50x | as long as short |
| BingX FIL-USDC | +0.0078% | 8h | 0.9913 | +0.463% | — | $6.5M | — | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9915 | +0.485% | $692K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0081% | 8h | 0.9914 | +0.474% | $57.1M | $175.9M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9913 | +0.468% | $159K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9916 | +0.492% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9921 | +0.541% | $498K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9917 | +0.504% | $7.9M | $16.3M | 50x | as long as short |
| Variational Omni FILlong | +0.0100% | 8h | 0.9867 | long leg | $439K | $277K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9865 | −0.027% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9876 | +0.092% | $287K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | +0.028% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9920 | +0.533% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9900 | +0.332% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9904 | +0.372% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9902 | +0.352% | $628K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | +0.433% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0200% | 8h | 0.9896 | +0.291% | $2.7M | $657K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0709% | 1h | 0.9919 | +0.523% | $207K | — | 100x | as long as short |
MEXC FIL_USDC
BingX FIL-USDC
Extended FIL-USD
Binance FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]