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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.014%
Price spread now: gTrade (Gains Network) against BingX−0.184%46s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.184% cheaper against BingX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FIL-USDT0.98230.0100pay 0.0100% / 8h2h 31m$11.8M
ShortgTrade (Gains Network) FIL/USD0.9805L −0.0004% / S +0.0006%pay 0.0001% / 1h31m 39s$24K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BingX. 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
−$22.25
Price spread: −0.184% → 0.000%
−$18.41
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$60.66
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; gTrade (Gains Network): 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 BingX live order book, 2 min ago1.02 bp6.0 bp −$66.4 bp −$6417.9 bp −$1,79344.6 bp −$22.3K
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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−0.1277%1h0.9809−0.143%$169K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0625%1h0.9808−0.155%$1.4M$2.3M50xas long as short
Lighter FIL−0.0408%1h0.9825+0.017%$157K$337K5xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9816−0.071%$314K$1.9M50xas long as short
Bybit FILUSDT−0.0066%8h0.9827+0.041%$15.5M$18.0M25xas long as short
Bitget FILUSDT−0.0036%8h0.9818−0.051%$10.8M$21.9M75xas long as short
Variational Omni FIL−0.0014%8h0.9812−0.110%$435K$276Kas long as short
gTrade (Gains Network) FIL/USDshortL −0.0004% / S +0.0006%1h0.9805−0.184%$24K150x
Hyperliquid FIL−0.0002%1h0.9828+0.052%$8.6M$9.4M5xas long as short
dYdX FIL-USD0.0000%1h0.9828+0.046%$57K$2K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0011%8h0.9821−0.020%$18.1M$96.5M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9751−0.733%$2K$148K12xas long as short
KuCoin FILUSDTM+0.0036%8h0.9831+0.081%$7.3M$7.1M50xas long as short
Aster FILUSDT+0.0100%8h0.9829+0.061%$487K$514K20xas long as short
Binance FILUSDT+0.0100%8h0.9824+0.010%$56.3M$175.7M75xas long as short
Gate FIL_USDT+0.0100%8h0.9828+0.051%$7.8M$16.3M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9816−0.071%$249K$105K50xas long as short
BingX FIL-USDTlong+0.0100%8h0.9823long leg$11.8M
edgeX FILUSDC+0.0100%4h0.9809−0.142%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9812−0.115%$287K$813K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9810−0.132%$42K$193K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9815−0.081%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9790−0.336%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9799−0.244%$478$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9809−0.143%$619K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9800−0.234%$1.0M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9825+0.018%$685K$2.3M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9800−0.234%$2.6M$634K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0613% / S −0.0849%1h0.9806−0.168%$208K100xas long as short