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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.005%
Price spread now: BloFin against ApeX Omni+0.060%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$750.751% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.060%, 7d avg +0.002%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.058% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT1.00200.0100pay 0.0013% / 1h36m 24s$30K$187K50x
ShortBloFin FIL-USDT1.00260.0176get 0.0176% / 8h5h 36m$2.7M$638K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$15.87
Price spread: +0.060% → +0.002%
$5.82
Slippage, 4 orders
−$53.08
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$53.38
Costs to cover
0.751%
Break-even
30.5 days
Slippage from ApeX Omni: live order book, 25 min ago; BloFin: live order book, 5 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, 25 min ago14.99 bp25.0 bp −$25127.5 bp −$1,275doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago1.00 bp10.9 bp −$1114.2 bp −$14237.3 bp −$3,734doesn'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
Coinbase International FIL-PERP-INTX−0.0256%1h1.0029+0.090%$379K$2.1M50xas long as short
Kraken Futures PF_FILUSD−0.0127%1h1.0024+0.040%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0059%8h1.0043+0.230%$18.9M$100.6M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0049%1h1.0023+0.030%$172K$23K25xas long as short
KuCoin FILUSDTM−0.0033%8h1.0033+0.130%$7.4M$7.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0003% / S +0.0006%1h1.0047+0.271%$27K150xas long as short
dYdX FIL-USD0.0000%1h1.0028+0.075%$58K$2K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.647%$2K$240K12xas long as short
Binance FILUSDT+0.0056%8h1.0045+0.250%$58.2M$177.9M75xas long as short
Extended FIL-USD+0.0056%1h1.0030+0.103%$708K$3.3M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0081%8h1.0028+0.080%$243K$103K50xas long as short
Lighter FIL+0.0096%1h1.0029+0.090%$159K$352K5xas long as short
Hyperliquid FIL+0.0100%1h1.0035+0.150%$8.6M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h1.0043+0.230%$511K$577K20xas long as short
Bybit FILUSDT+0.0100%8h1.0045+0.250%$15.6M$19.3M25xas long as short
Gate FIL_USDT+0.0100%8h1.0040+0.200%$8.5M$16.4M50xas long as short
Bitget FILUSDT+0.0100%8h1.0034+0.140%$11.0M$20.1M75xas long as short
BingX FIL-USDC+0.0100%8h1.0043+0.230%$6.5Mas long as short
Variational Omni FIL+0.0100%8h1.0054+0.335%$453K$266Kas long as short
edgeX FILUSDC+0.0100%4h1.0050+0.295%$46K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0009−0.112%$291K$880K10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h1.0020long leg$30K$187K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0056+0.355%$5K10xas long as short
SunX FIL-USDT+0.0100%8h1.0010−0.100%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0016−0.040%$486$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0022+0.020%$634K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h1.0010−0.100%$1.1M$2.5M50xas long as short
BloFin FIL-USDTshort+0.0176%8h1.0026+0.060%$2.7M$638K75x
GMX FIL/USD [WBTC.b-USDC]L +0.0575% / S −0.0237%1h1.0046+0.264%$268K100xas long as short