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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0352%/8h= −38.6% APRpaid last 24h +0.029%
Price spread now: Injective against Aster−0.207%7-day average +2.086% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.081%+$8 on $10k
Price spread, last 3 days (all we have)−1.193%−$119 · spread now −0.207%, 7d avg +2.086%
Together, before fees−1.111%+ Points / potential airdropAster: Stage 5 · farm board−$111 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Injective is 2.293% cheaper against Aster than usual: you would sell low and buy high (−$229 if the spread goes back to its 7-day average of +2.086%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.081%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.081% in total (about 5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FILUSDT0.98700.0100pay 0.0100% / 8h1h 54m$488K$514K20x
ShortInjective FIL/USDC PERP0.9850−0.0252pay 0.0032% / 1h54m 48s$2K$182K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
−$73.95
Price spread: −0.207% → +2.086%
−$229.29
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$311.26
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 28 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 28 min ago10.15 bp14.2 bp −$1446.3 bp −$463doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FIL_USDC-PERPETUAL−0.0964%1h0.9876+0.056%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0695%1h0.9873+0.022%$1.4M$2.2M50xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9873+0.026%$316K$1.9M50xas long as short
Injective FIL/USDC PERPshort−0.0252%1h0.9850−0.207%$2K$182K12x
Bitget FILUSDT−0.0026%8h0.9860−0.106%$10.8M$21.4M75xas long as short
Bybit FILUSDT−0.0015%8h0.9865−0.055%$15.5M$17.9M25xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9869−0.010%$25K150xas long as short
Lighter FIL0.0000%1h0.9859−0.118%$158K$337K5xas long as short
dYdX FIL-USD0.0000%1h0.9866−0.050%$58K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0021%8h0.9866−0.045%$18.2M$96.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FILUSDTM+0.0023%8h0.9863−0.075%$7.4M$7.0M50xas long as short
Variational Omni FIL+0.0064%8h0.9851−0.200%$438K$277Kas long as short
MEXC FIL_USDC+0.0079%8h0.9861−0.096%$251K$103K50xas long as short
BingX FIL-USDC+0.0086%8h0.9863−0.075%$6.5Mas long as short
Binance FILUSDT+0.0087%8h0.9863−0.080%$56.7M$174.8M75xas long as short
Extended FIL-USD+0.0088%1h0.9864−0.067%$689K$2.3M10xas long as short
Hyperliquid FIL+0.0100%1h0.9864−0.063%$8.6M$9.4M5xas long as short
Aster FILUSDTlong+0.0100%8h0.9870long leg$488K$514K20x
Gate FIL_USDT+0.0100%8h0.9867−0.035%$7.8M$16.1M50xas long as short
edgeX FILUSDC+0.0100%4h0.9786−0.852%$45K$292K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9842−0.284%$288K$801K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9830−0.410%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9877+0.065%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850−0.207%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9868−0.025%$480$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9870−0.004%$624K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9870−0.004%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0207%8h0.9863−0.075%$2.6M$648K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0616% / S −0.0742%1h0.9870−0.009%$214K100xas long as short