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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.005%
Price spread now: GRVT against Extended−0.027%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 3 days (all we have)+0.394%+$39 · spread now −0.027%, 7d avg +0.036%
Together, before fees+0.513%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.063% cheaper against Extended than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.036%). If the spread goes back, that is −$6 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.119% in total) that is about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FIL-USD0.99240.0080pay 0.0010% / 1h11m 05s$692K$2.3M10x
ShortGRVT FIL_USDT_Perp0.99210.0100get 0.0100% / 8h1h 11m$288K$790K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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
$4.2
Price spread: −0.027% → +0.036%
−$6.3
Slippage, 4 orders
−$46.46
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$62.57
Costs to cover
0.605%
Break-even
111.3 days
Slippage from Extended: live order book, 3 min ago; GRVT: live order book, 7 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 Extended live order book, 3 min ago1.51 bp7.6 bp −$868.0 bp −$680doesn't fitdoesn't fit
Sell GRVT live order book, 7 min ago5.05 bp36.0 bp −$36322.3 bp −$3,223doesn'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
Kraken Futures PF_FILUSD−0.0691%1h0.9931+0.067%$1.3M$2.3M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0655%1h0.9935+0.110%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9929+0.050%$319K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0252%1h0.9855−0.696%$2K$240K12xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9932+0.081%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9933+0.086%$58K$2K10xas long as short
Bitget FILUSDT+0.0007%8h0.99240.000%$10.8M$21.6M75xas long as short
KuCoin FILUSDTM+0.0013%8h0.9928+0.040%$7.4M$7.1M50xas long as short
Bybit FILUSDT+0.0033%8h0.9927+0.030%$15.4M$18.1M25xas long as short
OKX FIL-USDT-SWAP+0.0039%8h0.99240.000%$18.2M$98.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0076%8h0.99240.000%$252K$105K50xas long as short
Binance FILUSDT+0.0078%8h0.9924+0.003%$57.4M$176.3M75xas long as short
Extended FIL-USDlong+0.0080%1h0.9924long leg$692K$2.3M10x
BingX FIL-USDT+0.0080%8h0.9927+0.030%$11.9Mas long as short
Lighter FIL+0.0096%1h0.9923−0.013%$159K$349K5xas long as short
Hyperliquid FIL+0.0100%1h0.9927+0.031%$8.7M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9930+0.062%$499K$525K20xas long as short
Gate FIL_USDT+0.0100%8h0.99240.000%$7.9M$16.3M50xas long as short
Variational Omni FIL+0.0100%8h0.9909−0.149%$441K$277Kas long as short
edgeX FILUSDC+0.0100%4h0.9918−0.061%$45K$292K10xas long as short
GRVT FIL_USDT_Perpshort+0.0100%8h0.9921−0.027%$288K$790K10x
ApeX Omni FILUSDT+0.0100%1h0.9920−0.041%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9937+0.126%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9920−0.041%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9926+0.020%$492$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9932+0.080%$628K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9930+0.060%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0198%8h0.9923−0.010%$2.7M$659K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0601% / S −0.0709%1h0.9932+0.078%$208K100xas long as short