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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against Binance−0.067%79s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.785% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.101%+$10 on $10k
Price spread, last 3 days (all we have)+0.513%+$51 · spread now −0.067%, 7d avg 0.000%
Together, before fees+0.614%+ Points / potential airdropGRVT: Active · farm board+$61 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: GRVT is 0.067% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of 0.000%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FILUSDT0.97590.0100pay 0.0100% / 8h2h 44m$55.8M$175.9M75x
ShortGRVT FIL_USDT_Perp0.97520.0100get 0.0100% / 8h2h 44m$285K$823K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: −0.067% → 0.000%
−$6.68
Slippage, 4 orders
−$59.5
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$85.18
Costs to cover
0.785%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; GRVT: live order book, 43 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, 14 min ago0.51 bp7.4 bp −$711.9 bp −$11946.5 bp −$4,651doesn't fit
Sell GRVT live order book, 43 min ago5.12 bp21.8 bp −$22209.9 bp −$2,099doesn'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−0.0773%1h0.9766+0.072%$168K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0628%1h0.9760+0.009%$1.4M$2.2M50xas long as short
Lighter FIL−0.0504%1h0.9753−0.065%$156K$332K5xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9755−0.041%$312K$1.9M50xas long as short
Bybit FILUSDT−0.0084%8h0.9763+0.041%$15.3M$17.9M25xas long as short
Variational Omni FIL−0.0037%8h0.9748−0.117%$433K$276Kas long as short
Bitget FILUSDT−0.0030%8h0.9754−0.051%$10.7M$22.0M75xas long as short
Hyperliquid FIL−0.0013%1h0.9758−0.009%$8.5M$9.4M5xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9763+0.040%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9752−0.072%$57K$2K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0013%8h0.9760+0.010%$18.0M$95.9M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9751−0.082%$2K$148K12xas long as short
KuCoin FILUSDTM+0.0038%8h0.9758−0.010%$7.3M$7.1M50xas long as short
Aster FILUSDT+0.0100%8h0.9759+0.003%$483K$507K20xas long as short
Binance FILUSDTlong+0.0100%8h0.9759long leg$55.8M$175.9M75x
Gate FIL_USDT+0.0100%8h0.9756−0.031%$7.7M$16.2M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9748−0.113%$248K$104K50xas long as short
BingX FIL-USDT+0.0100%8h0.9760+0.010%$11.8Mas long as short
edgeX FILUSDC+0.0100%4h0.9754−0.056%$45K$294K10xas long as short
GRVT FIL_USDT_Perpshort+0.0100%8h0.9752−0.067%$285K$823K10x
ApeX Omni FILUSDT+0.0100%1h0.9760+0.010%$42K$193K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9767+0.082%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9740−0.195%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9756−0.031%$477$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9766+0.072%$615K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9760+0.010%$1.0M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9755−0.043%$678K$2.3M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9744−0.154%$2.6M$617K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0611% / S −0.0849%1h0.9764+0.047%$206K100xas long as short