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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Bitget+0.030%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.131%−$13 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.030%, 7d avg +0.001%
Together, before fees−0.204%−$20 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: Bybit is 0.029% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FILUSDT0.99710.0100pay 0.0100% / 8h1h 08m$11.3M$19.8M75x
ShortBybit FILUSDT0.99740.0100get 0.0100% / 8h1h 08m$15.6M$20.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.030% → +0.001%
$2.88
Slippage, 4 orders
−$21.63
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$41.75
Costs to cover
0.446%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago0.50 bp11.4 bp −$1116.6 bp −$16644.2 bp −$4,416doesn't fit
Sell Bybit live order book, 5 min ago0.50 bp13.9 bp −$1443.1 bp −$431doesn'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−0.0451%1h0.9984+0.130%$172K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0248%1h0.9980+0.090%$351K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9989+0.182%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9980+0.086%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.163%$2K$240K12xas long as short
KuCoin FILUSDTM+0.0069%8h0.9974+0.030%$7.1M$8.0M50xas long as short
OKX FIL-USDT-SWAP+0.0075%8h0.9970−0.010%$18.0M$109.1M50xas long as short
Lighter FIL+0.0096%1h0.9975+0.037%$148K$356K5xas long as short
Hyperliquid FIL+0.0100%1h0.9979+0.075%$8.4M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9978+0.067%$508K$606K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9974+0.034%$56.2M$185.9M75xas long as short
Bybit FILUSDTshort+0.0100%8h0.9974+0.030%$15.6M$20.4M25x
Gate FIL_USDT+0.0100%8h0.9975+0.040%$8.3M$16.8M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9976+0.050%$231K$106K50xas long as short
Bitget FILUSDTlong+0.0100%8h0.9971long leg$11.3M$19.8M75x
BingX FIL-USDT+0.0100%8h0.9975+0.040%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9995+0.237%$450K$278Kas long as short
edgeX FILUSDC+0.0100%4h0.9993+0.224%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9996+0.254%$296K$1.4M10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0000+0.291%$27K$184K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9991+0.200%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9980+0.090%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9980+0.090%$486$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9984+0.130%$622K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9980+0.090%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9973+0.019%$700K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9982+0.110%$2.6M$680K75xas long as short
Kraken Futures PF_FILUSD+0.0245%1h0.9986+0.146%$1.4M$2.1M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0604% / S −0.0280%1h0.9988+0.169%$267K100xas long as short