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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0659%/8h= +72.1% APRpaid last 24h +0.399%
Price spread now: GMX against BingX+0.077%7-day average +0.065% · you sell dearer than you buy
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)+1.245%+$125 on $10k
Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.077%, 7d avg +0.065%
Together, before fees+1.223%+$122 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FIL-USDT0.99070.0083pay 0.0083% / 8h1h 43m$11.9M
ShortGMX FIL/USD [WBTC.b-USDC]0.9915L +0.0618% / S −0.0742%get 0.0093% / 1h43m 33s$215K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$138.31
Price spread: +0.077% → +0.065%
$1.18
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$117.49
Costs to cover
0.220%
Break-even
1.1 days
Slippage unknown: BingX: live order book, 10 min ago; GMX: 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, 10 min ago1.02 bp6.0 bp −$68.2 bp −$8218.8 bp −$1,87744.7 bp −$22.3K
Sell GMX no order-book sample
GMX: 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
Kraken Futures PF_FILUSD−0.0692%1h0.9915+0.082%$1.4M$2.3M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0556%1h0.9918+0.111%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9916+0.091%$317K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0252%1h0.9855−0.525%$2K$240K12xas long as short
Lighter FIL−0.0064%1h0.9900−0.074%$159K$347K5xas long as short
Bitget FILUSDT−0.0021%8h0.9903−0.040%$10.9M$21.4M75xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9913+0.064%$25K150xas long as short
Bybit FILUSDT−0.0003%8h0.9905−0.020%$15.6M$17.9M25xas long as short
dYdX FIL-USD0.0000%1h0.9910+0.025%$58K$2K10xas long as short
KuCoin FILUSDTM+0.0020%8h0.9904−0.030%$7.4M$7.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0031%8h0.9903−0.040%$18.3M$97.2M50xas long as short
MEXC FIL_USDC+0.0075%8h0.9899−0.081%$252K$103K50xas long as short
Extended FIL-USD+0.0080%1h0.9901−0.064%$692K$2.3M10xas long as short
Binance FILUSDT+0.0081%8h0.9902−0.046%$56.9M$174.7M75xas long as short
BingX FIL-USDTlong+0.0083%8h0.9907long leg$11.9M
Variational Omni FIL+0.0085%8h0.9879−0.287%$440K$277Kas long as short
Hyperliquid FIL+0.0100%1h0.9903−0.035%$8.7M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9908+0.008%$490K$515K20xas long as short
Gate FIL_USDT+0.0100%8h0.9905−0.020%$7.8M$16.1M50xas long as short
edgeX FILUSDC+0.0100%4h0.9891−0.157%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9893−0.142%$296K$814K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9900−0.071%$30K$198K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9919+0.121%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9910+0.030%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9911+0.040%$485$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9924+0.172%$629K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9910+0.030%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0201%8h0.9894−0.131%$2.6M$657K75xas long as short
GMX FIL/USD [WBTC.b-USDC]shortL +0.0618% / S −0.0742%1h0.9915+0.077%$215K100x