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

FIL

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against Bybit+0.040%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 4 days (all we have)+0.287%+$29 · spread now +0.040%, 7d avg −0.026%
Together, before fees+0.356%+$36 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: MEXC is 0.066% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FILUSDT1.00260.0100pay 0.0100% / 8h7h 12m$15.4M$19.8M25x
ShortMEXC FIL_USDC1.00300.0100get 0.0100% / 8h7h 12m$232K$100K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: +0.040% → −0.026%
$6.62
Slippage, 4 orders
−$23.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$27.89
Costs to cover
0.345%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: 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, 2 min ago0.50 bp11.6 bp −$1236.0 bp −$360doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.50 bp5.2 bp −$522.5 bp −$22580.9 bp −$8,086doesn'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
Coinbase International FIL-PERP-INTX−0.0056%1h1.0039+0.130%$350K$2.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h1.0035+0.088%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9999−0.266%$58K$88710xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h1.0036+0.100%$173K$23K25xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.706%$2K$240K12xas long as short
Lighter FIL+0.0096%1h1.0025−0.007%$146K$345K5xas long as short
Kraken Futures PF_FILUSD+0.0097%1h1.0032+0.059%$1.4M$2.1M50xas long as short
Hyperliquid FIL+0.0100%1h1.0031+0.050%$8.4M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h1.0032+0.061%$511K$552K20xas long as short
Binance FILUSDT+0.0100%8h1.0031+0.046%$57.0M$180.2M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FILUSDTlong+0.0100%8h1.0026long leg$15.4M$19.8M25x
OKX FIL-USDT-SWAP+0.0100%8h1.0027+0.010%$18.0M$104.8M50xas long as short
Gate FIL_USDT+0.0100%8h1.0028+0.020%$8.6M$16.6M50xas long as short
MEXC FIL_USDCshort+0.0100%8h1.0030+0.040%$232K$100K50x
KuCoin FILUSDTM+0.0100%8h1.0034+0.080%$7.1M$7.7M50xas long as short
Bitget FILUSDT+0.0100%8h1.0027+0.010%$11.5M$19.0M75xas long as short
BingX FIL-USDT+0.0100%8h1.0027+0.010%$11.6Mas long as short
Variational Omni FIL+0.0100%8h0.9997−0.289%$445K$278Kas long as short
edgeX FILUSDC+0.0100%4h0.9989−0.373%$45K$297K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9992−0.343%$292K$1.6M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9990−0.359%$23K$181K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0044+0.177%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h1.0030+0.040%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0030+0.040%$488$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0037+0.110%$631K$5.4M75xas long as short
Phemex FILUSDT+0.0100%8h1.0020−0.060%$1.3M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h1.0027+0.007%$703K$4.2M10xas long as short
BloFin FIL-USDT+0.0220%8h1.0002−0.239%$2.7M$640K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0602% / S −0.0280%1h1.0033+0.075%$268K100xas long as short