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+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.021%
Price spread now: SunX against Bitget+0.051%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2032.030% 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)+0.104%+$10 · spread now +0.051%, 7d avg +0.029%
Together, before fees+0.134%+$13 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 SunX is 0.022% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FILUSDT0.98450.0039pay 0.0039% / 8h7m 40s$10.8M$21.6M75x
ShortSunX FIL-USDT0.98500.0100get 0.0100% / 8h7m 40s$3K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$12.81
Price spread: +0.051% → +0.029%
$2.15
Slippage, 4 orders
−$183.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$188.07
Costs to cover
2.030%
Break-even
109.8 days
Slippage from Bitget: live order book, 1 min ago; SunX: live order book, 6 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 ago1.01 bp9.2 bp −$910.7 bp −$10731.9 bp −$3,192doesn't fit
Sell SunX live order book, 6 min ago20.33 bp119.7 bp −$120doesn't fitdoesn'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−0.0764%1h0.9856+0.112%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0395%1h0.9852+0.074%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0352%1h0.9853+0.081%$317K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0245%1h0.9855+0.102%$2K$240K12xas long as short
KuCoin FILUSDTM−0.0036%8h0.9844−0.010%$7.4M$7.1M50xas long as short
OKX FIL-USDT-SWAP−0.0008%8h0.9837−0.081%$18.0M$98.7M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9854+0.095%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9848+0.026%$57K$2K10xas long as short
Binance FILUSDT+0.0039%8h0.9832−0.132%$57.0M$179.5M75xas long as short
Bitget FILUSDTlong+0.0039%8h0.9845long leg$10.8M$21.6M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FIL-USD+0.0040%1h0.9837−0.076%$689K$2.3M10xas long as short
Bybit FILUSDT+0.0046%8h0.9842−0.030%$15.4M$18.4M25xas long as short
BingX FIL-USDT+0.0047%8h0.9840−0.051%$11.9Mas long as short
MEXC FIL_USDC+0.0049%8h0.9844−0.010%$247K$106K50xas long as short
Gate FIL_USDT+0.0072%8h0.9846+0.010%$8.1M$16.5M50xas long as short
Lighter FIL+0.0096%1h0.9839−0.060%$158K$348K5xas long as short
Hyperliquid FIL+0.0100%1h0.9845+0.001%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9843−0.023%$493K$546K20xas long as short
Variational Omni FIL+0.0100%8h0.9835−0.101%$439K$278Kas long as short
edgeX FILUSDC+0.0100%4h0.9847+0.017%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9850+0.055%$294K$805K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9860+0.152%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9859+0.138%$5K10xas long as short
SunX FIL-USDTshort+0.0100%8h0.9850+0.051%$3K$1.1M20x
SoDEX FIL-USD+0.0100%1h0.9848+0.030%$487$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9855+0.102%$626K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9850+0.051%$1.1M$2.4M50xas long as short
BloFin FIL-USDT+0.0157%8h0.9846+0.010%$2.7M$568K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0570% / S −0.0666%1h0.9854+0.092%$196K100xas long as short