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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0128%/8h= −14.0% APRnext payment $1.28 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against Binance−0.014%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.014%, 7d avg −0.012%
Together, before fees+0.099%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FILUSDT0.98490.0094pay 0.0094% / 8h2h 15m$56.6M$174.8M75x
ShortBitget FILUSDT0.9848−0.0034pay 0.0034% / 8h2h 15m$10.8M$21.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$26.8
Price spread: −0.014% → −0.012%
−$0.17
Slippage, 4 orders
−$16.57
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$65.54
Costs to cover
0.386%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 4 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, 13 min ago0.51 bp7.8 bp −$811.5 bp −$11546.8 bp −$4,684doesn't fit
Sell Bitget live order book, 4 min ago0.51 bp8.2 bp −$815.9 bp −$15941.5 bp −$4,145doesn'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−0.0965%1h0.9862+0.128%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0622%1h0.9855+0.052%$1.4M$2.2M50xas long as short
Lighter FIL−0.0352%1h0.9846−0.035%$157K$337K5xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9857+0.078%$315K$1.9M50xas long as short
Bybit FILUSDT−0.0043%8h0.9853+0.037%$15.5M$17.9M25xas long as short
Bitget FILUSDTshort−0.0034%8h0.9848−0.014%$10.8M$21.6M75x
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9858+0.091%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9855+0.056%$57K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0017%8h0.9849−0.004%$18.2M$96.0M50xas long as short
KuCoin FILUSDTM+0.0029%8h0.9850+0.007%$7.4M$7.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FIL+0.0029%8h0.9843−0.064%$437K$276Kas long as short
Injective FIL/USDC PERP+0.0033%1h0.9839−0.105%$36K$165K12xas long as short
Hyperliquid FIL+0.0061%1h0.9852+0.031%$8.6M$9.5M5xas long as short
Binance FILUSDTlong+0.0094%8h0.9849long leg$56.6M$174.8M75x
Extended FIL-USD+0.0096%1h0.9848−0.013%$685K$2.3M10xas long as short
MEXC FIL_USDC+0.0098%8h0.9846−0.034%$250K$105K50xas long as short
Aster FILUSDT+0.0100%8h0.9853+0.040%$487K$514K20xas long as short
Gate FIL_USDT+0.0100%8h0.9852+0.027%$7.8M$16.3M50xas long as short
BingX FIL-USDC+0.0100%8h0.9853+0.037%$6.5Mas long as short
edgeX FILUSDC+0.0100%4h0.9838−0.112%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9843−0.062%$288K$801K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9850+0.007%$42K$192K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9860+0.113%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850+0.007%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9852+0.027%$481$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9856+0.068%$626K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9850+0.007%$1.1M$2.2M50xas long as short
BloFin FIL-USDT+0.0214%8h0.9853+0.037%$2.6M$643K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0626% / S −0.0759%1h0.9858+0.087%$218K100xas long as short