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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.018%
Price spread now: BingX against ApeX Omni−0.202%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$640.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.202%, 7d avg −0.050%
Together, before fees−0.072%−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.152% cheaper against ApeX Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT0.98900.0100pay 0.0013% / 1h37m 30s$30K$198K50x
ShortBingX FIL-USDT0.98700.0080get 0.0080% / 8h1h 37m$11.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$4.2
Price spread: −0.202% → −0.050%
−$15.23
Slippage, 4 orders
−$43.53
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$82.96
Costs to cover
0.635%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 44 min ago; BingX: live order book, 16 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, 44 min ago15.25 bp25.1 bp −$25113.8 bp −$1,138doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago1.02 bp7.4 bp −$710.3 bp −$10325.6 bp −$2,55861.3 bp −$30.7K

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
Kraken Futures PF_FILUSD−0.0695%1h0.9878−0.117%$1.4M$2.3M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0660%1h0.9877−0.131%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9873−0.172%$316K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0252%1h0.9855−0.354%$2K$240K12xas long as short
Lighter FIL−0.0024%1h0.9864−0.263%$158K$349K5xas long as short
Bitget FILUSDT−0.0018%8h0.9865−0.253%$11.0M$21.4M75xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9886−0.038%$25K150xas long as short
Bybit FILUSDT−0.0002%8h0.9869−0.212%$15.5M$18.0M25xas long as short
dYdX FIL-USD0.0000%1h0.9871−0.196%$58K$2K10xas long as short
KuCoin FILUSDTM+0.0011%8h0.9866−0.243%$7.4M$7.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0029%8h0.9865−0.253%$18.1M$96.9M50xas long as short
MEXC FIL_USDC+0.0074%8h0.9864−0.263%$251K$104K50xas long as short
Binance FILUSDT+0.0078%8h0.9868−0.222%$56.8M$174.9M75xas long as short
Extended FIL-USD+0.0080%1h0.9866−0.240%$689K$2.3M10xas long as short
BingX FIL-USDTshort+0.0080%8h0.9870−0.202%$11.9M
Variational Omni FIL+0.0091%8h0.9897+0.074%$441K$277Kas long as short
Hyperliquid FIL+0.0100%1h0.9868−0.224%$8.6M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9875−0.149%$488K$525K20xas long as short
Gate FIL_USDT+0.0100%8h0.9866−0.243%$7.8M$16.2M50xas long as short
edgeX FILUSDC+0.0100%4h0.9884−0.063%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9885−0.055%$287K$803K10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h0.9890long leg$30K$198K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9889−0.005%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9870−0.202%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9875−0.152%$482$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.98900.000%$626K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9870−0.202%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0200%8h0.9887−0.030%$2.6M$656K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0617% / S −0.0742%1h0.9886−0.042%$214K100xas long as short