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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Hyperliquid against ApeX Omni+0.336%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$680.675% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.144%+$14 on $10k
Price spread, last 3 days (all we have)−0.522%−$52 · spread now +0.336%, 7d avg +0.137%
Together, before fees−0.378%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.198% dearer against ApeX Omni than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT0.98300.0100pay 0.0013% / 1h55m 20s$30K$197K50x
ShortHyperliquid FIL0.98630.0100get 0.0013% / 1h55m 20s$8.6M$9.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.336% → +0.137%
$19.82
Slippage, 4 orders
−$48.51
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$47.69
Costs to cover
0.675%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 26 min ago; Hyperliquid: live order book, 7 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, 26 min ago15.25 bp25.1 bp −$25113.8 bp −$1,138doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago0.97 bp7.6 bp −$8doesn't fitdoesn't fitdoesn'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−0.0964%1h0.9876+0.468%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0695%1h0.9873+0.434%$1.4M$2.2M50xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9873+0.437%$316K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0252%1h0.9850+0.203%$2K$182K12xas long as short
Bitget FILUSDT−0.0026%8h0.9865+0.356%$10.8M$21.4M75xas long as short
Bybit FILUSDT−0.0015%8h0.9869+0.397%$15.5M$17.9M25xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9869+0.401%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9855+0.255%$57K$2K10xas long as short
Lighter FIL+0.0016%1h0.9861+0.313%$158K$337K5xas long as short
OKX FIL-USDT-SWAP+0.0021%8h0.9869+0.397%$18.2M$96.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FILUSDTM+0.0023%8h0.9862+0.326%$7.4M$7.0M50xas long as short
Variational Omni FIL+0.0064%8h0.9851+0.210%$438K$277Kas long as short
MEXC FIL_USDC+0.0079%8h0.9858+0.285%$250K$103K50xas long as short
BingX FIL-USDC+0.0086%8h0.9868+0.387%$6.5Mas long as short
Binance FILUSDT+0.0087%8h0.9867+0.376%$56.7M$174.8M75xas long as short
Extended FIL-USD+0.0088%1h0.9866+0.370%$689K$2.3M10xas long as short
Hyperliquid FILshort+0.0100%1h0.9863+0.336%$8.6M$9.5M5x
Aster FILUSDT+0.0100%8h0.9867+0.381%$488K$514K20xas long as short
Gate FIL_USDT+0.0100%8h0.9868+0.387%$7.8M$16.1M50xas long as short
edgeX FILUSDC+0.0100%4h0.9786−0.445%$45K$292K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9842+0.126%$288K$801K10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h0.9830long leg$30K$197K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9877+0.477%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850+0.203%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9868+0.387%$480$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9870+0.407%$624K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9870+0.407%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0207%8h0.9863+0.336%$2.6M$648K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0616% / S −0.0742%1h0.9870+0.402%$214K100xas long as short