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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0428%/8h= +46.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.124%
Price spread now: ApeX Omni against Coinbase International−0.030%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$750.751% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.320%+$32 on $10k
Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.030%, 7d avg −0.081%
Together, before fees+0.427%+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and ApeX Omni is 0.051% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International FIL-PERP-INTX0.9843−0.0328get 0.0041% / 1h29m 02s$315K$1.9M50x
ShortApeX Omni FILUSDT0.98400.0100get 0.0013% / 1h29m 02s$42K$193K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
$89.88
Price spread: −0.030% → −0.081%
$5.08
Slippage, 4 orders
−$55.07
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$19.89
Costs to cover
0.751%
Break-even
5.5 days
Slippage from Coinbase International: live order book, 5 min ago; ApeX Omni: live order book, 57 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 Coinbase International live order book, 5 min ago7.14 bp13.1 bp −$1316.9 bp −$169doesn't fitdoesn't fit
Sell ApeX Omni live order book, 57 min ago15.38 bp23.6 bp −$24128.0 bp −$1,280doesn'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−0.1374%1h0.9836−0.071%$169K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0623%1h0.9833−0.105%$1.4M$2.3M50xas long as short
Lighter FIL−0.0408%1h0.9822−0.217%$157K$337K5xas long as short
Coinbase International FIL-PERP-INTXlong−0.0328%1h0.9843long leg$315K$1.9M50x
Bybit FILUSDT−0.0062%8h0.9830−0.132%$15.5M$18.0M25xas long as short
Bitget FILUSDT−0.0036%8h0.9826−0.173%$10.8M$21.9M75xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9831−0.127%$24K150xas long as short
Variational Omni FIL−0.0002%8h0.9833−0.106%$435K$276Kas long as short
Hyperliquid FIL−0.0002%1h0.9825−0.181%$8.6M$9.5M5xas long as short
dYdX FIL-USD0.0000%1h0.9831−0.122%$57K$2K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0011%8h0.9827−0.163%$18.1M$96.5M50xas long as short
KuCoin FILUSDTM+0.0033%8h0.9826−0.173%$7.3M$7.1M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9751−0.935%$2K$148K12xas long as short
Aster FILUSDT+0.0100%8h0.9831−0.118%$486K$514K20xas long as short
Binance FILUSDT+0.0100%8h0.9827−0.158%$56.3M$175.9M75xas long as short
Gate FIL_USDT+0.0100%8h0.9828−0.152%$7.8M$16.3M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9823−0.203%$250K$105K50xas long as short
BingX FIL-USDC+0.0100%8h0.9827−0.163%$6.5Mas long as short
edgeX FILUSDC+0.0100%4h0.9825−0.187%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9829−0.139%$288K$813K10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h0.9840−0.030%$42K$193K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9838−0.052%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9820−0.234%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9827−0.163%$478$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9832−0.112%$622K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9830−0.132%$1.1M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9829−0.144%$685K$2.3M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9824−0.193%$2.6M$635K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0614% / S −0.0742%1h0.9831−0.118%$213K100xas long as short