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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0173%/8h= −19.0% APRpaid last 24h −0.039%
Price spread now: Bybit against ApeX Omni+0.051%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$770.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 3 days (all we have)−0.462%−$46 · spread now +0.051%, 7d avg −0.045%
Together, before fees−0.638%−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.096% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of −0.045%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 44 hours. At the pace of the last 7 days (−0.177% in total) that is about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT0.98100.0100pay 0.0013% / 1h35m 28s$42K$193K50x
ShortBybit FILUSDT0.9815−0.0073pay 0.0073% / 8h2h 35m$15.5M$18.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$36.36
Price spread: +0.051% → −0.045%
$9.62
Slippage, 4 orders
−$56.23
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$103.97
Costs to cover
0.772%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 50 min ago; Bybit: live order book, 3 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, 50 min ago15.38 bp24.7 bp −$25119.6 bp −$1,196doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.51 bp15.1 bp −$1540.6 bp −$406172.7 bp −$17.3Kdoesn'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−0.0769%1h0.9808−0.020%$169K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0625%1h0.9806−0.041%$1.4M$2.3M50xas long as short
Lighter FIL−0.0448%1h0.9801−0.094%$156K$332K5xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9815+0.051%$314K$1.9M50xas long as short
Bybit FILUSDTshort−0.0073%8h0.9815+0.051%$15.5M$18.0M25x
Bitget FILUSDT−0.0034%8h0.98100.000%$10.8M$21.9M75xas long as short
Variational Omni FIL−0.0025%8h0.9779−0.321%$433K$276Kas long as short
Hyperliquid FIL−0.0016%1h0.9801−0.090%$8.6M$9.4M5xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9805−0.050%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9824+0.139%$57K$2K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0012%8h0.9816+0.061%$18.1M$96.4M50xas long as short
KuCoin FILUSDTM+0.0033%8h0.9812+0.020%$7.3M$7.1M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9751−0.601%$2K$148K12xas long as short
Aster FILUSDT+0.0100%8h0.9806−0.042%$486K$514K20xas long as short
Binance FILUSDT+0.0100%8h0.9813+0.031%$56.2M$175.7M75xas long as short
Gate FIL_USDT+0.0100%8h0.9813+0.031%$7.8M$16.2M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9797−0.133%$249K$104K50xas long as short
BingX FIL-USDC+0.0100%8h0.9812+0.020%$6.5Mas long as short
edgeX FILUSDC+0.0100%4h0.9788−0.227%$45K$292K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9815+0.055%$287K$813K10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h0.9810long leg$42K$193K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9812+0.021%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9790−0.204%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9798−0.122%$475$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.98100.000%$619K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9800−0.102%$1.0M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9810−0.002%$685K$2.3M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9816+0.061%$2.6M$625K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0613% / S −0.0849%1h0.9807−0.032%$208K100xas long as short