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 +0.018%
Price spread now: SunX against BingX+0.082%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2072.070% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 3 days (all we have)+0.038%+$4 · spread now +0.082%, 7d avg +0.039%
Together, before fees+0.084%+$8 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: SunX is 0.043% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FIL-USDT0.98020.0100pay 0.0100% / 8h2h 33m$11.8M
ShortSunX FIL-USDT0.98100.0100get 0.0100% / 8h2h 33m$3K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.082% → +0.039%
$4.29
Slippage, 4 orders
−$189.03
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$202.74
Costs to cover
2.070%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; SunX: live order book, 10 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, 10 min ago1.02 bp6.5 bp −$78.3 bp −$8317.0 bp −$1,70144.1 bp −$22.0K
Sell SunX live order book, 10 min ago25.58 bp125.7 bp −$126417.7 bp −$4,177doesn'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−0.0768%1h0.9811+0.092%$169K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0625%1h0.9807+0.051%$1.4M$2.3M50xas long as short
Lighter FIL−0.0424%1h0.9796−0.066%$156K$332K5xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9816+0.143%$314K$1.9M50xas long as short
Bybit FILUSDT−0.0071%8h0.9803+0.010%$15.4M$18.0M25xas long as short
Bitget FILUSDT−0.0035%8h0.9799−0.031%$10.8M$21.9M75xas long as short
Hyperliquid FIL−0.0017%1h0.9804+0.015%$8.6M$9.4M5xas long as short
Variational Omni FIL−0.0014%8h0.9812+0.104%$435K$276Kas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9806+0.045%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9810+0.082%$57K$2K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0013%8h0.9801−0.010%$18.0M$96.3M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9751−0.520%$2K$148K12xas long as short
KuCoin FILUSDTM+0.0035%8h0.98020.000%$7.3M$7.1M50xas long as short
Aster FILUSDT+0.0100%8h0.9806+0.039%$486K$514K20xas long as short
Binance FILUSDT+0.0100%8h0.9800−0.020%$56.1M$175.7M75xas long as short
Gate FIL_USDT+0.0100%8h0.98020.000%$7.8M$16.3M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9798−0.041%$249K$104K50xas long as short
BingX FIL-USDTlong+0.0100%8h0.9802long leg$11.8M
edgeX FILUSDC+0.0100%4h0.9809+0.072%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9812+0.099%$287K$813K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9810+0.082%$42K$193K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9813+0.110%$5K10xas long as short
SunX FIL-USDTshort+0.0100%8h0.9810+0.082%$3K$1.1M20x
SoDEX FIL-USD+0.0100%1h0.9800−0.020%$472$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9809+0.071%$619K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9800−0.020%$1.0M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9800−0.016%$685K$2.3M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9813+0.112%$2.6M$635K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0613% / S −0.0849%1h0.9806+0.042%$208K100xas long as short