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+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h +0.018%
Price spread now: Bitget against Bybit−0.082%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.146%+$15 on $10k
Price spread, last 7 days+0.075%+$7 · spread now −0.082%, 7d avg +0.002%
Together, before fees+0.220%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.083% cheaper against Bybit than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.002%). If the spread goes back, that is −$8 on $10k: about 6.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FILUSDT0.9785−0.0076get 0.0076% / 8h2h 39m$15.4M$18.0M25x
ShortBitget FILUSDT0.9777−0.0032pay 0.0032% / 8h2h 39m$10.7M$22.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$9.28
Price spread: −0.082% → +0.002%
−$8.33
Slippage, 4 orders
−$27.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$49.96
Costs to cover
0.509%
Break-even
44.7 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 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 Bybit live order book, 4 min ago0.51 bp13.1 bp −$1336.1 bp −$361doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.54 bp12.0 bp −$1219.3 bp −$19355.2 bp −$5,517doesn'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−0.0666%1h0.9812+0.276%$169K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0625%1h0.9803+0.185%$1.4M$2.2M50xas long as short
Lighter FIL−0.0456%1h0.9789+0.041%$156K$332K5xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9800+0.153%$313K$1.9M50xas long as short
Bybit FILUSDTlong−0.0076%8h0.9785long leg$15.4M$18.0M25x
Bitget FILUSDTshort−0.0032%8h0.9777−0.082%$10.7M$22.0M75x
Variational Omni FIL−0.0025%8h0.9779−0.066%$433K$276Kas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9809+0.246%$24K150xas long as short
Hyperliquid FIL−0.0002%1h0.9796+0.110%$8.6M$9.4M5xas long as short
dYdX FIL-USD0.0000%1h0.9801+0.159%$57K$2K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0013%8h0.9780−0.051%$18.1M$96.0M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9751−0.347%$2K$148K12xas long as short
KuCoin FILUSDTM+0.0041%8h0.9796+0.112%$7.3M$7.1M50xas long as short
Aster FILUSDT+0.0100%8h0.9809+0.246%$486K$509K20xas long as short
Binance FILUSDT+0.0100%8h0.9788+0.030%$56.0M$175.9M75xas long as short
Gate FIL_USDT+0.0100%8h0.9793+0.082%$7.8M$16.2M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9793+0.082%$249K$104K50xas long as short
BingX FIL-USDC+0.0100%8h0.9783−0.020%$6.5Mas long as short
edgeX FILUSDC+0.0100%4h0.9744−0.424%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9744−0.414%$285K$823K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9750−0.358%$42K$193K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9815+0.305%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9800+0.153%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9800+0.153%$477$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9811+0.266%$619K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9800+0.153%$1.1M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9782−0.027%$682K$2.3M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9773−0.123%$2.6M$622K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0613% / S −0.0849%1h0.9808+0.238%$208K100xas long as short