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+0.0428%/8h= +46.9% APRpaid last 24h +0.140%
Price spread now: HTX against Coinbase International+0.110%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$650.652% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.487%+$49 on $10k
Price spread, last 3 days (all we have)+0.223%+$22 · spread now +0.110%, 7d avg +0.075%
Together, before fees+0.709%+$71 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 HTX is 0.035% dearer against Coinbase International than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International FIL-PERP-INTX0.9990−0.0328get 0.0041% / 1h7m 49s$342K$1.9M50x
ShortHTX FIL-USDT1.00010.0100get 0.0100% / 8h7h 07m$632K$5.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.110% → +0.075%
$3.55
Slippage, 4 orders
−$43.19
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
$28.24
Costs to cover
0.652%
Break-even
4.8 days
Slippage from Coinbase International: live order book, 6 min ago; HTX: live order book, 6 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, 6 min ago7.01 bp15.4 bp −$1519.9 bp −$199doesn't fitdoesn't fit
Sell HTX live order book, 6 min ago2.00 bp18.5 bp −$1857.1 bp −$571doesn'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−0.0450%1h0.9996+0.060%$172K$23K25xas long as short
Coinbase International FIL-PERP-INTXlong−0.0328%1h0.9990long leg$342K$1.9M50x
Kraken Futures PF_FILUSD−0.0328%1h0.9997+0.067%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0037%8h0.9988−0.020%$18.3M$98.3M50xas long as short
KuCoin FILUSDTM−0.0034%8h0.9982−0.080%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9993+0.029%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9971−0.188%$58K$2K10xas long as short
Extended FIL-USD+0.0032%1h0.9978−0.118%$698K$3.3M10xas long as short
Binance FILUSDT+0.0033%8h0.9988−0.020%$57.8M$178.9M75xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.351%$2K$240K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0069%8h0.9976−0.140%$247K$106K50xas long as short
Bitget FILUSDT+0.0080%8h0.99900.000%$11.0M$21.5M75xas long as short
Lighter FIL+0.0096%1h0.9986−0.042%$160K$349K5xas long as short
Hyperliquid FIL+0.0100%1h0.9990−0.005%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.99900.000%$510K$574K20xas long as short
Bybit FILUSDT+0.0100%8h0.9994+0.040%$15.7M$18.4M25xas long as short
Gate FIL_USDT+0.0100%8h0.99900.000%$8.3M$16.4M50xas long as short
BingX FIL-USDC+0.0100%8h0.9989−0.010%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9995+0.049%$450K$279Kas long as short
edgeX FILUSDC+0.0100%4h0.9983−0.066%$46K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9985−0.048%$297K$823K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.99900.000%$30K$195K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9995+0.050%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9960−0.300%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.99900.000%$499$11K5xas long as short
HTX FIL-USDTshort+0.0100%8h1.0001+0.110%$632K$5.7M75x
Phemex FILUSDT+0.0100%8h0.99900.000%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0132%8h0.9972−0.180%$2.7M$594K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0545% / S −0.0538%1h0.9992+0.020%$198K100xas long as short