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−0.0196%/8h= −21.5% APRpaid last 24h −0.039%
Price spread now: Bybit against edgeX+0.178%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$440.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 3 days (all we have)−0.744%−$74 · spread now +0.178%, 7d avg +0.014%
Together, before fees−0.920%+ Points / potential airdropedgeX: Active · farm board−$92 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.164% dearer against edgeX than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of +0.014%): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.177% in total) that is about 6.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX FILUSDC0.97230.0100pay 0.0050% / 4h2h 48m$45K$293K10x
ShortBybit FILUSDT0.9740−0.0096pay 0.0096% / 8h2h 48m$15.3M$18.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$41.16
Price spread: +0.178% → +0.014%
$16.44
Slippage, 4 orders
−$24.46
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$69.17
Costs to cover
0.445%
Break-even
never at this rate
Slippage from edgeX: live order book, 39 min ago; Bybit: 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, 39 min ago3.58 bp8.5 bp −$987.3 bp −$873doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.51 bp14.3 bp −$1437.4 bp −$374245.1 bp −$24.5Kdoesn'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−0.0980%1h0.9746+0.240%$168K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0629%1h0.9740+0.182%$1.4M$2.3M50xas long as short
Lighter FIL−0.0624%1h0.9727+0.049%$155K$332K5xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9729+0.065%$311K$1.9M50xas long as short
Bybit FILUSDTshort−0.0096%8h0.9740+0.178%$15.3M$18.0M25x
Variational Omni FIL−0.0048%8h0.9723−0.001%$434K$273Kas long as short
Hyperliquid FIL−0.0034%1h0.9733+0.104%$8.5M$9.4M5xas long as short
Bitget FILUSDT−0.0027%8h0.9730+0.075%$10.7M$22.0M75xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9737+0.150%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9745+0.230%$57K$2K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0013%8h0.9738+0.158%$17.9M$96.4M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9658−0.665%$2K$118K12xas long as short
KuCoin FILUSDTM+0.0042%8h0.9736+0.137%$7.3M$7.2M50xas long as short
Aster FILUSDT+0.0100%8h0.9740+0.180%$483K$507K20xas long as short
Binance FILUSDT+0.0100%8h0.9735+0.127%$55.7M$176.6M75xas long as short
Gate FIL_USDT+0.0100%8h0.9735+0.127%$7.7M$16.2M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9726+0.034%$247K$104K50xas long as short
BingX FIL-USDC+0.0100%8h0.9734+0.116%$6.5Mas long as short
edgeX FILUSDClong+0.0100%4h0.9723long leg$45K$293K10x
GRVT FIL_USDT_Perp+0.0100%8h0.9727+0.044%$292K$809K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9720−0.028%$41K$193K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9745+0.228%$4K10xas long as short
SunX FIL-USDT+0.0100%8h0.9730+0.075%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9735+0.127%$470$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9745+0.230%$613K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9740+0.178%$1.0M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9731+0.086%$678K$2.3M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9735+0.127%$2.6M$617K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0610% / S −0.0849%1h0.9740+0.173%$206K100xas long as short