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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h +0.029%
Price spread now: ApeX Omni against Binance0.000%89s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.658% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.116%+$12 on $10k
Price spread, last 3 days (all we have)+0.155%+$15 · spread now 0.000%, 7d avg +0.018%
Together, before fees+0.271%+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FILUSDT0.99900.0034pay 0.0034% / 8h7h 12m$57.8M$178.4M75x
ShortApeX Omni FILUSDT0.99900.0100get 0.0013% / 1h12m 07s$30K$195K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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
$13.96
Price spread: 0.000% → +0.018%
−$1.81
Slippage, 4 orders
−$45.79
Fee Binance: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$53.64
Costs to cover
0.658%
Break-even
33.9 days
Slippage from Binance: live order book, 1 min ago; ApeX Omni: live order book, 59 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 Binance live order book, 1 min ago0.50 bp7.5 bp −$713.4 bp −$13446.2 bp −$4,617doesn't fit
Sell ApeX Omni live order book, 59 min ago10.16 bp29.4 bp −$29116.3 bp −$1,163doesn'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−0.0550%1h0.9991+0.010%$172K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0328%1h0.9988−0.024%$1.4M$2.3M50xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9979−0.110%$339K$1.9M50xas long as short
OKX FIL-USDT-SWAP−0.0040%8h0.9985−0.050%$18.4M$98.2M50xas long as short
KuCoin FILUSDTM−0.0036%8h0.9983−0.070%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9990−0.002%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9997+0.070%$58K$2K10xas long as short
Extended FIL-USD+0.0032%1h0.9980−0.098%$702K$3.3M10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.351%$2K$240K12xas long as short
Binance FILUSDTlong+0.0034%8h0.9990long leg$57.8M$178.4M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0068%8h0.9978−0.120%$247K$106K50xas long as short
Bitget FILUSDT+0.0077%8h0.9978−0.120%$10.9M$21.2M75xas long as short
Lighter FIL+0.0096%1h0.9980−0.096%$160K$349K5xas long as short
Hyperliquid FIL+0.0100%1h0.9984−0.056%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9987−0.031%$510K$566K20xas long as short
Bybit FILUSDT+0.0100%8h0.9998+0.080%$15.7M$18.4M25xas long as short
Gate FIL_USDT+0.0100%8h0.9984−0.060%$8.3M$16.3M50xas long as short
BingX FIL-USDC+0.0100%8h0.9986−0.040%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9967−0.226%$449K$279Kas long as short
edgeX FILUSDC+0.0100%4h0.9983−0.067%$46K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9984−0.060%$297K$837K10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h0.99900.000%$30K$195K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9993+0.026%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9980−0.100%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9981−0.090%$495$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0007+0.170%$630K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9980−0.100%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0131%8h0.9977−0.130%$2.7M$591K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0545% / S −0.0538%1h0.9988−0.016%$198K100xas long as short