Settings8H · net · $10k
Funding arb · Price arb /

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h −0.029%
Price spread now: Binance against ApeX Omni−0.040%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$650.652% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.116%−$12 on $10k
Price spread, last 3 days (all we have)−0.115%−$11 · spread now −0.040%, 7d avg −0.018%
Together, before fees−0.231%−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.022% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT0.99900.0100pay 0.0013% / 1h13m 01s$30K$195K50x
ShortBinance FILUSDT0.99860.0033get 0.0033% / 8h7h 13m$57.8M$178.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14.14
Price spread: −0.040% → −0.018%
−$2.19
Slippage, 4 orders
−$45.15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$81.49
Costs to cover
0.652%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 58 min ago; Binance: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 58 min ago10.16 bp19.8 bp −$20123.6 bp −$1,236doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.51 bp7.3 bp −$716.7 bp −$16754.9 bp −$5,494doesn't fit

FIL on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FIL_USDC-PERPETUAL−0.0450%1h0.9991+0.010%$172K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0328%1h0.9979−0.112%$1.4M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9979−0.110%$339K$1.9M50xas long as short
OKX FIL-USDT-SWAP−0.0038%8h0.9987−0.030%$18.3M$98.0M50xas long as short
KuCoin FILUSDTM−0.0035%8h0.9987−0.030%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9989−0.010%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9990+0.002%$58K$2K10xas long as short
Extended FIL-USD+0.0032%1h0.9984−0.062%$702K$3.3M10xas long as short
Binance FILUSDTshort+0.0033%8h0.9986−0.040%$57.8M$178.4M75x
Injective FIL/USDC PERP+0.0033%1h0.9855−1.351%$2K$240K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0068%8h0.9975−0.150%$247K$106K50xas long as short
Bitget FILUSDT+0.0077%8h0.9984−0.060%$10.9M$21.2M75xas long as short
Lighter FIL+0.0096%1h0.9972−0.183%$160K$349K5xas long as short
Hyperliquid FIL+0.0100%1h0.9984−0.062%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9983−0.069%$510K$566K20xas long as short
Bybit FILUSDT+0.0100%8h0.9991+0.010%$15.7M$18.4M25xas long as short
Gate FIL_USDT+0.0100%8h0.9984−0.060%$8.3M$16.3M50xas long as short
BingX FIL-USDC+0.0100%8h0.9984−0.060%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9967−0.226%$449K$279Kas long as short
edgeX FILUSDC+0.0100%4h0.9983−0.067%$46K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9984−0.060%$297K$837K10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h0.9990long leg$30K$195K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9997+0.071%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9970−0.200%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9973−0.170%$500$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9983−0.070%$635K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9980−0.100%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0131%8h0.9977−0.130%$2.7M$591K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0544% / S −0.0538%1h0.9989−0.013%$198K100xas long as short