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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%
Price spread now: Bitget against edgeX−0.059%64s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.938%−$94 · spread now −0.059%, 7d avg +0.006%
Together, before fees−0.975%+ Points / potential airdropedgeX: Active · farm board−$97 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: Bitget is 0.065% cheaper against edgeX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.006%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX FILUSDC1.00330.0100pay 0.0050% / 4h2h 08m$46K$294K10x
ShortBitget FILUSDT1.00270.0100get 0.0100% / 8h6h 08m$11.0M$20.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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: −0.059% → +0.006%
−$6.52
Slippage, 4 orders
−$20.57
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$48.1
Costs to cover
0.416%
Break-even
never at this rate
Slippage from edgeX: live order book, 59 min ago; Bitget: live order book, 5 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 edgeX live order book, 59 min ago4.01 bp9.0 bp −$917.0 bp −$170doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.50 bp11.8 bp −$1219.3 bp −$19350.1 bp −$5,007doesn't fit

FIL on 28 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−0.0348%1h1.0028−0.049%$173K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0296%1h1.0020−0.129%$380K$2.2M50xas long as short
Kraken Futures PF_FILUSD−0.0191%1h1.0026−0.070%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0055%8h1.0027−0.059%$18.8M$99.2M50xas long as short
KuCoin FILUSDTM−0.0044%8h1.0019−0.139%$7.4M$7.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h1.0021−0.115%$26K150xas long as short
dYdX FIL-USD0.0000%1h1.0026−0.069%$58K$2K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.774%$2K$240K12xas long as short
Extended FIL-USD+0.0040%1h1.0018−0.153%$705K$3.3M10xas long as short
Binance FILUSDT+0.0043%8h1.0030−0.029%$58.0M$180.2M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0082%8h1.0021−0.119%$246K$105K50xas long as short
Gate FIL_USDT+0.0094%8h1.0026−0.069%$8.5M$16.5M50xas long as short
Lighter FIL+0.0096%1h1.0020−0.126%$160K$353K5xas long as short
Hyperliquid FIL+0.0100%1h1.0023−0.099%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h1.0030−0.032%$513K$582K20xas long as short
Bybit FILUSDT+0.0100%8h1.0029−0.039%$15.7M$19.1M25xas long as short
Bitget FILUSDTshort+0.0100%8h1.0027−0.059%$11.0M$20.5M75x
BingX FIL-USDT+0.0100%8h1.0023−0.099%$11.9Mas long as short
Variational Omni FIL+0.0100%8h1.0032−0.012%$452K$269Kas long as short
edgeX FILUSDClong+0.0100%4h1.0033long leg$46K$294K10x
GRVT FIL_USDT_Perp+0.0100%8h1.0040+0.066%$299K$865K10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0030−0.029%$30K$184K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0023−0.095%$5K10xas long as short
SunX FIL-USDT+0.0100%8h1.0010−0.229%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0021−0.119%$490$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0023−0.099%$645K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h1.0010−0.229%$1.1M$2.3M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0575% / S −0.0237%1h1.0021−0.120%$267K100xas long as short