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+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against BingX+0.030%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 7 days−0.030%−$3 · spread now +0.030%, 7d avg +0.021%
Together, before fees−0.137%−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FIL-USDT0.98520.0054pay 0.0054% / 8h35m 13s$11.9M
ShortGate FIL_USDT0.98550.0088get 0.0088% / 8h35m 13s$7.9M$16.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$7.14
Price spread: +0.030% → +0.021%
$0.94
Slippage, 4 orders
−$20.41
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$37.33
Costs to cover
0.454%
Break-even
43.6 days
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 3 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 BingX live order book, 3 min ago1.01 bp6.0 bp −$67.2 bp −$7217.3 bp −$1,72541.3 bp −$20.7K
Sell Gate live order book, 3 min ago0.51 bp13.5 bp −$1322.5 bp −$22561.0 bp −$6,102102.2 bp −$51.1K

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−0.0865%1h0.9858+0.061%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0395%1h0.9856+0.039%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0352%1h0.9870+0.183%$316K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0245%1h0.9855+0.030%$2K$240K12xas long as short
KuCoin FILUSDTM−0.0015%8h0.9856+0.041%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9856+0.036%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9862+0.101%$57K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0016%8h0.9847−0.051%$18.1M$98.4M50xas long as short
Bitget FILUSDT+0.0029%8h0.9851−0.010%$10.9M$21.6M75xas long as short
Bybit FILUSDT+0.0046%8h0.9849−0.030%$15.4M$18.3M25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FIL-USD+0.0048%1h0.9847−0.049%$689K$2.3M10xas long as short
Binance FILUSDT+0.0051%8h0.9848−0.040%$57.1M$178.5M75xas long as short
MEXC FIL_USDC+0.0054%8h0.9847−0.051%$250K$104K50xas long as short
BingX FIL-USDTlong+0.0054%8h0.9852long leg$11.9M
Gate FIL_USDTshort+0.0088%8h0.9855+0.030%$7.9M$16.2M50x
Lighter FIL+0.0096%1h0.9845−0.067%$158K$347K5xas long as short
Hyperliquid FIL+0.0100%1h0.9857+0.053%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9854+0.018%$497K$545K20xas long as short
Variational Omni FIL+0.0100%8h0.9860+0.085%$439K$277Kas long as short
edgeX FILUSDC+0.0100%4h0.9855+0.034%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9857+0.051%$294K$818K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9860+0.081%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9862+0.100%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850−0.020%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9849−0.030%$484$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9858+0.061%$629K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9850−0.020%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0171%8h0.9850−0.020%$2.7M$570K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0571% / S −0.0666%1h0.9857+0.055%$196K100xas long as short