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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.009%
Price spread now: Extended against Bybit−0.098%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as 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+0.032%+$3 on $10k
Price spread, last 7 days+0.074%+$7 · spread now −0.098%, 7d avg −0.033%
Together, before fees+0.106%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.064% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FILUSDT0.99790.0100pay 0.0100% / 8h4h 52m$15.7M$19.8M25x
ShortExtended FIL-USD0.99690.0080get 0.0010% / 1h52m 08s$705K$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$4.2
Price spread: −0.098% → −0.033%
−$6.43
Slippage, 4 orders
−$28.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$55.23
Costs to cover
0.446%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 2 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, 1 min ago1.50 bp13.3 bp −$1334.1 bp −$341doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago2.00 bp6.6 bp −$721.3 bp −$213doesn'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−0.1152%1h0.9971−0.080%$172K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0208%1h1.0020+0.411%$380K$2.1M50xas long as short
OKX FIL-USDT-SWAP−0.0064%8h0.9977−0.020%$18.8M$102.6M50xas long as short
KuCoin FILUSDTM−0.0014%8h0.9969−0.100%$7.4M$7.4M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0003% / S +0.0006%1h0.9980+0.014%$27K150xas long as short
ApeX Omni FILUSDT0.0000%1h0.9980+0.010%$30K$182K50xas long as short
dYdX FIL-USD0.0000%1h1.0002+0.231%$58K$2K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.243%$2K$240K12xas long as short
Kraken Futures PF_FILUSD+0.0043%1h0.9976−0.027%$1.4M$2.3M50xas long as short
Binance FILUSDT+0.0079%8h0.9977−0.020%$57.9M$181.2M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FIL-USDshort+0.0080%1h0.9969−0.098%$705K$3.3M10x
MEXC FIL_USDC+0.0086%8h0.9968−0.110%$242K$102K50xas long as short
Lighter FIL+0.0096%1h0.9970−0.090%$158K$354K5xas long as short
Hyperliquid FIL+0.0100%1h0.9975−0.036%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9995+0.156%$516K$586K20xas long as short
Bybit FILUSDTlong+0.0100%8h0.9979long leg$15.7M$19.8M25x
Gate FIL_USDT+0.0100%8h0.9982+0.030%$8.5M$16.4M50xas long as short
Bitget FILUSDT+0.0100%8h0.9973−0.060%$11.0M$20.3M75xas long as short
BingX FIL-USDT+0.0100%8h0.9977−0.020%$11.8Mas long as short
Variational Omni FIL+0.0100%8h1.0034+0.550%$451K$265Kas long as short
edgeX FILUSDC+0.0100%4h1.0033+0.540%$46K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0016+0.367%$302K$927K10xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9985+0.056%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9970−0.090%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9972−0.070%$484$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9982+0.030%$623K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9970−0.090%$1.1M$2.5M50xas long as short
BloFin FIL-USDT+0.0199%8h1.0020+0.411%$2.8M$650K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0573% / S −0.0237%1h0.9980+0.008%$266K100xas long as short