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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against ApeX Omni−0.503%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1231.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.575%+$58 · spread now −0.503%, 7d avg −0.024%
Together, before fees+0.575%+$58 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: Phemex is 0.479% cheaper against ApeX Omni than usual: you would sell low and buy high, −$48 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT0.99400.0100pay 0.0013% / 1h2m 28s$30K$182K50x
ShortPhemex FILUSDT0.98900.0100get 0.0100% / 8h3h 02m$1.2M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.503% → −0.024%
−$47.86
Slippage, 4 orders
−$101.16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$171.01
Costs to cover
1.232%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 48 min ago; Phemex: live order book, 1 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, 48 min ago9.94 bp19.5 bp −$19127.3 bp −$1,273doesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago10.11 bp38.8 bp −$3998.8 bp −$988doesn'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−0.0961%1h0.9900−0.402%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0240%1h0.9883−0.573%$356K$2.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9899−0.414%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9905−0.355%$58K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0002%8h0.9890−0.503%$18.1M$106.0M50xas long as short
KuCoin FILUSDTM+0.0023%8h0.9890−0.503%$7.2M$7.8M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.855%$2K$240K12xas long as short
Kraken Futures PF_FILUSD+0.0067%1h0.9899−0.414%$1.4M$2.2M50xas long as short
Lighter FIL+0.0096%1h0.9898−0.427%$147K$370K5xas long as short
Hyperliquid FIL+0.0100%1h0.9895−0.457%$8.3M$9.5M5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FILUSDT+0.0100%8h0.9901−0.391%$505K$613K20xas long as short
Binance FILUSDT+0.0100%8h0.9895−0.453%$56.5M$185.2M75xas long as short
Bybit FILUSDT+0.0100%8h0.9889−0.513%$15.7M$20.4M25xas long as short
Gate FIL_USDT+0.0100%8h0.9897−0.433%$8.4M$16.9M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9886−0.543%$233K$106K50xas long as short
Bitget FILUSDT+0.0100%8h0.9892−0.483%$11.1M$20.4M75xas long as short
BingX FIL-USDT+0.0100%8h0.9892−0.483%$11.9Mas long as short
Variational Omni FIL+0.0100%8h0.9939−0.012%$449K$265Kas long as short
edgeX FILUSDC+0.0100%4h0.9928−0.119%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9925−0.147%$287K$1.1M10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h0.9940long leg$30K$182K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9908−0.318%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9890−0.503%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9894−0.463%$474$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9903−0.372%$614K$5.8M75xas long as short
Phemex FILUSDTshort+0.0100%8h0.9890−0.503%$1.2M$2.6M50x
Extended FIL-USD+0.0104%1h0.9895−0.450%$696K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9920−0.201%$2.7M$702K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0586% / S −0.0261%1h0.9899−0.411%$264K100xas long as short