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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0250%/8h= +27.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.116%
Price spread now: gTrade (Gains Network) against Coinbase International−0.267%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. gTrade (Gains Network) is 0.267% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.267% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 3.6 days of funding at the current rate (+$8 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International FIL-PERP-INTX1.0080−0.0256get 0.0032% / 1h34m 25s$381K$2.1M50x
ShortgTrade (Gains Network) FIL/USD1.0053L −0.0003% / S +0.0006%pay 0.0001% / 1h34m 25s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$52.51
Price spread: −0.267% → 0.000%
−$26.69
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$5.82
Costs to cover
0.200%
Break-even
6.2 days
Slippage unknown: Coinbase International: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 4 min ago5.99 bp14.0 bp −$1418.9 bp −$189doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-INTXlong−0.0256%1h1.0080long leg$381K$2.1M50x
Kraken Futures PF_FILUSD−0.0126%1h1.0089+0.089%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0056%8h1.0063−0.169%$19.0M$100.9M50xas long as short
KuCoin FILUSDTM−0.0033%8h1.0070−0.099%$7.5M$7.2M50xas long as short
gTrade (Gains Network) FIL/USDshortL −0.0003% / S +0.0006%1h1.0053−0.267%$27K150x
dYdX FIL-USD0.0000%1h1.0054−0.253%$59K$2K10xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h1.0091+0.109%$174K$23K25xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−2.232%$2K$240K12xas long as short
Extended FIL-USD+0.0056%1h1.0051−0.286%$708K$3.3M10xas long as short
Binance FILUSDT+0.0057%8h1.0066−0.139%$58.4M$178.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0081%8h1.0059−0.208%$244K$103K50xas long as short
Lighter FIL+0.0096%1h1.0049−0.307%$159K$352K5xas long as short
Hyperliquid FIL+0.0100%1h1.0064−0.159%$8.6M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h1.0063−0.171%$512K$577K20xas long as short
Bybit FILUSDT+0.0100%8h1.0065−0.149%$15.7M$19.3M25xas long as short
Gate FIL_USDT+0.0100%8h1.0058−0.218%$8.6M$16.4M50xas long as short
Bitget FILUSDT+0.0100%8h1.0065−0.149%$11.0M$20.1M75xas long as short
BingX FIL-USDC+0.0100%8h1.0048−0.317%$6.5Mas long as short
Variational Omni FIL+0.0100%8h1.0041−0.391%$452K$266Kas long as short
edgeX FILUSDC+0.0100%4h1.0007−0.728%$46K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0016−0.634%$291K$880K10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0020−0.595%$30K$187K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0074−0.063%$5K10xas long as short
SunX FIL-USDT+0.0100%8h1.0070−0.099%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0081+0.010%$486$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0066−0.139%$639K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h1.0070−0.099%$1.1M$2.5M50xas long as short
BloFin FIL-USDT+0.0177%8h1.0060−0.198%$2.8M$640K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0576% / S −0.0237%1h1.0051−0.284%$269K100xas long as short