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+0.0083%/8h= +9.1% APRpaid last 24h +0.021%
Price spread now: ApeX Omni against Bitget+0.394%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$630.631% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 3 days (all we have)−0.144%−$14 · spread now +0.394%, 7d avg +0.043%
Together, before fees−0.113%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.352% dearer against Bitget than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FILUSDT0.98910.0017pay 0.0017% / 8h57m 21s$11.0M$21.6M75x
ShortApeX Omni FILUSDT0.99300.0100get 0.0013% / 1h57m 21s$30K$197K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
$17.43
Price spread: +0.394% → +0.043%
$35.18
Slippage, 4 orders
−$41.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$10.47
Costs to cover
0.631%
Break-even
11.2 days
Slippage from Bitget: live order book, 1 min ago; ApeX Omni: live order book, 19 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 Bitget live order book, 1 min ago0.50 bp12.7 bp −$1320.7 bp −$20745.2 bp −$4,519doesn't fit
Sell ApeX Omni live order book, 19 min ago10.08 bp20.1 bp −$20120.0 bp −$1,200doesn'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−0.0961%1h0.9899+0.081%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0393%1h0.9895+0.041%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0352%1h0.9895+0.040%$319K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0245%1h0.9855−0.364%$2K$240K12xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9898+0.071%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9897+0.061%$58K$2K10xas long as short
KuCoin FILUSDTM+0.0006%8h0.9895+0.040%$7.4M$7.1M50xas long as short
Bitget FILUSDTlong+0.0017%8h0.9891long leg$11.0M$21.6M75x
Hyperliquid FIL+0.0023%1h0.9896+0.052%$8.6M$9.5M5xas long as short
OKX FIL-USDT-SWAP+0.0033%8h0.9889−0.020%$18.1M$98.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FILUSDT+0.0040%8h0.9889−0.020%$15.4M$18.2M25xas long as short
MEXC FIL_USDC+0.0070%8h0.9886−0.051%$251K$103K50xas long as short
Extended FIL-USD+0.0072%1h0.9887−0.040%$692K$2.3M10xas long as short
Binance FILUSDT+0.0073%8h0.9887−0.043%$57.2M$177.2M75xas long as short
SoDEX FIL-USD+0.0074%1h0.9889−0.020%$490$11K5xas long as short
BingX FIL-USDC+0.0076%8h0.98910.000%$6.5Mas long as short
Lighter FIL+0.0096%1h0.9882−0.086%$158K$347K5xas long as short
Aster FILUSDT+0.0100%8h0.9895+0.042%$498K$527K20xas long as short
Gate FIL_USDT+0.0100%8h0.9895+0.040%$7.9M$16.1M50xas long as short
Variational Omni FIL+0.0100%8h0.9950+0.598%$443K$277Kas long as short
edgeX FILUSDC+0.0100%4h0.9934+0.433%$45K$292K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9950+0.601%$289K$790K10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h0.9930+0.394%$30K$197K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9899+0.085%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9880−0.111%$3K$1.1M20xas long as short
HTX FIL-USDT+0.0100%8h0.9897+0.061%$628K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9890−0.010%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0193%8h0.9890−0.010%$2.7M$658K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0572% / S −0.0666%1h0.9899+0.080%$197K100xas long as short