Funding arb · Price arb /

FIL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SoDEX against ApeX Omni−0.150%74s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.150% cheaper against ApeX Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni FILUSDT	0.9980	0.0100	pay 0.0013% / 1h	58m 05s	$29K	$183K	50x
Short	SoDEX FIL-USD	0.9965	0.0100	get 0.0013% / 1h	58m 05s	$489	$11K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee SoDEXbpOrdersPrice spread, now −0.150%Rate

Funding earned: $0
Price spread: −0.150% → 0.000%: −$15.03
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$33.03
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 48 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 48 min ago	10.08 bp	20.0 bp −$20	121.6 bp −$1,216	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

FIL on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit FIL_USDC-PERPETUAL	−0.0451%	1h	0.9973	−0.070%	$172K	$23K	25x	as long as short
Coinbase International FIL-PERP-INTX	−0.0248%	1h	1.0012	+0.321%	$357K	$2.3M	50x	as long as short
gTrade (Gains Network) FIL/USD	L −0.0004% / S +0.0006%	1h	0.9974	−0.061%	$26K	—	150x	as long as short
dYdX FIL-USD	0.0000%	1h	0.9974	−0.065%	$58K	$1K	10x	as long as short
Injective FIL/USDC PERP	+0.0033%	1h	0.9855	−1.253%	$2K	$240K	12x	as long as short
OKX FIL-USDT-SWAP	+0.0048%	8h	0.9965	−0.150%	$18.1M	$110.0M	50x	as long as short
KuCoin FILUSDTM	+0.0062%	8h	0.9970	−0.100%	$7.3M	$7.9M	50x	as long as short
Lighter FIL	+0.0096%	1h	0.9964	−0.163%	$148K	$355K	5x	as long as short
Hyperliquid FIL	+0.0100%	1h	0.9966	−0.142%	$8.4M	$9.4M	5x	as long as short
Aster FILUSDT	+0.0100%	8h	0.9970	−0.103%	$509K	$606K	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance FILUSDT	+0.0100%	8h	0.9966	−0.141%	$56.3M	$187.8M	75x	as long as short
Bybit FILUSDT	+0.0100%	8h	0.9963	−0.170%	$15.7M	$20.6M	25x	as long as short
Gate FIL_USDT	+0.0100%	8h	0.9973	−0.070%	$8.3M	$16.6M	50x	as long as short
MEXC FIL_USDC	+0.0100%	8h	0.9964	−0.160%	$235K	$102K	50x	as long as short
Bitget FILUSDT	+0.0100%	8h	0.9962	−0.180%	$11.3M	$20.1M	75x	as long as short
BingX FIL-USDC	+0.0100%	8h	0.9964	−0.160%	—	$6.5M	—	as long as short
Variational Omni FIL	+0.0100%	8h	0.9970	−0.104%	$452K	$265K	—	as long as short
edgeX FILUSDC	+0.0100%	4h	0.9972	−0.079%	$45K	$296K	10x	as long as short
GRVT FIL_USDT_Perp	+0.0100%	8h	0.9972	−0.077%	$295K	$1.3M	10x	as long as short
ApeX Omni FILUSDTlong	+0.0100%	1h	0.9980	long leg	$29K	$183K	50x
Orderly PERP_FIL_USDC_mythos	+0.0100%	4h	0.9980	+0.001%	$4K	$798	10x	as long as short
SunX FIL-USDT	+0.0100%	8h	0.9970	−0.100%	$3K	$1.2M	20x	as long as short
SoDEX FIL-USDshort	+0.0100%	1h	0.9965	−0.150%	$489	$11K	5x
HTX FIL-USDT	+0.0100%	8h	0.9993	+0.130%	$619K	$5.8M	75x	as long as short
Phemex FILUSDT	+0.0100%	8h	0.9960	−0.200%	$1.2M	$2.6M	50x	as long as short
Extended FIL-USD	+0.0104%	1h	0.9969	−0.112%	$700K	$1.4M	10x	as long as short
BloFin FIL-USDT	+0.0220%	8h	0.9962	−0.180%	$2.7M	$699K	75x	as long as short
Kraken Futures PF_FILUSD	+0.0245%	1h	0.9970	−0.096%	$1.4M	$2.2M	50x	as long as short
GMX FIL/USD [WBTC.b-USDC]	L +0.0604% / S −0.0280%	1h	0.9974	−0.055%	$267K	—	100x	as long as short