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−0.0068%/8h= −7.5% APRnext payment $0.68 per $10,000 · paid last 24h −0.003%
Price spread now: Aster against BloFin+0.026%72s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.472% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.098%−$10 on $10k
Price spread, last 3 days (all we have)+0.084%+$8 · spread now +0.026%, 7d avg +0.064%
Together, before fees−0.014%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.038% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin FIL-USDT0.98530.0168pay 0.0168% / 8h28m 02s$2.7M$570K75x
ShortAster FILUSDT0.98560.0100get 0.0100% / 8h28m 02s$497K$545K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$14.32
Price spread: +0.026% → +0.064%
−$3.75
Slippage, 4 orders
−$27.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$65.32
Costs to cover
0.472%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Aster: live order book, 49 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 BloFin live order book, 5 min ago2.03 bp11.0 bp −$1114.6 bp −$14631.6 bp −$3,157doesn't fit
Sell Aster live order book, 49 min ago10.09 bp14.1 bp −$1437.5 bp −$375doesn'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−0.0763%1h0.9860+0.071%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0395%1h0.9861+0.077%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0352%1h0.9840−0.132%$315K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0245%1h0.9855+0.020%$2K$240K12xas long as short
KuCoin FILUSDTM−0.0017%8h0.9855+0.020%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9860+0.073%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9866+0.134%$58K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0014%8h0.9852−0.010%$18.1M$98.8M50xas long as short
Bitget FILUSDT+0.0031%8h0.9852−0.010%$10.9M$21.6M75xas long as short
Bybit FILUSDT+0.0047%8h0.9857+0.041%$15.4M$18.4M25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FIL-USD+0.0048%1h0.9850−0.035%$689K$2.3M10xas long as short
Binance FILUSDT+0.0048%8h0.9851−0.017%$57.1M$179.0M75xas long as short
MEXC FIL_USDC+0.0050%8h0.9849−0.041%$250K$104K50xas long as short
BingX FIL-USDC+0.0054%8h0.9854+0.010%$6.5Mas long as short
Gate FIL_USDT+0.0089%8h0.9854+0.010%$8.0M$16.3M50xas long as short
Lighter FIL+0.0096%1h0.9849−0.046%$158K$348K5xas long as short
Hyperliquid FIL+0.0100%1h0.9857+0.042%$8.5M$9.5M5xas long as short
Aster FILUSDTshort+0.0100%8h0.9856+0.026%$497K$545K20x
Variational Omni FIL+0.0100%8h0.9837−0.159%$439K$277Kas long as short
edgeX FILUSDC+0.0100%4h0.9855+0.020%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9835−0.187%$293K$805K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9860+0.071%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9866+0.135%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850−0.030%$2K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9852−0.010%$482$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9865+0.122%$631K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9850−0.030%$1.1M$2.4M50xas long as short
BloFin FIL-USDTlong+0.0168%8h0.9853long leg$2.7M$570K75x
GMX FIL/USD [WBTC.b-USDC]L +0.0571% / S −0.0666%1h0.9858+0.051%$196K100xas long as short