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

FIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.049%
Price spread now: Injective against gTrade (Gains Network)−0.570%55s7-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. Injective is 0.570% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.570% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$57 on $10k: about 51 days of funding at the current rate (+$1 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) FIL/USD0.9912L −0.0004% / S +0.0006%get 0.0000% / 1h45m 44s$26K150x
ShortInjective FIL/USDC PERP0.98550.0033get 0.0004% / 1h45m 44s$2K$240K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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
$7.76
Price spread: −0.570% → 0.000%
−$57.02
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$59.29
Costs to cover
0.100%
Break-even
60.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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
Deribit FIL_USDC-PERPETUAL−0.0556%1h0.9917+0.055%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0208%1h0.9909−0.025%$374K$2.1M50xas long as short
OKX FIL-USDT-SWAP−0.0064%8h0.9915+0.035%$18.6M$103.3M50xas long as short
KuCoin FILUSDTM−0.0020%8h0.9926+0.146%$7.4M$7.4M50xas long as short
gTrade (Gains Network) FIL/USDlongL −0.0004% / S +0.0006%1h0.9912long leg$26K150x
dYdX FIL-USD0.0000%1h0.9925+0.138%$58K$2K10xas long as short
Injective FIL/USDC PERPshort+0.0033%1h0.9855−0.570%$2K$240K12x
Kraken Futures PF_FILUSD+0.0044%1h0.9913+0.011%$1.3M$2.3M50xas long as short
Binance FILUSDT+0.0079%8h0.9920+0.086%$57.2M$182.5M75xas long as short
Extended FIL-USD+0.0080%1h0.9917+0.058%$704K$3.3M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0082%8h0.9916+0.045%$240K$103K50xas long as short
Lighter FIL+0.0096%1h0.9916+0.049%$154K$360K5xas long as short
Hyperliquid FIL+0.0100%1h0.9917+0.059%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9905−0.064%$510K$599K20xas long as short
Bybit FILUSDT+0.0100%8h0.9920+0.086%$15.7M$19.9M25xas long as short
Gate FIL_USDT+0.0100%8h0.9924+0.126%$8.4M$16.5M50xas long as short
Bitget FILUSDT+0.0100%8h0.9917+0.055%$11.1M$20.4M75xas long as short
BingX FIL-USDT+0.0100%8h0.9925+0.136%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9911−0.009%$446K$265Kas long as short
edgeX FILUSDC+0.0100%4h0.9939+0.273%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9939+0.280%$296K$948K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9950+0.388%$30K$181K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9915+0.032%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9910−0.015%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9909−0.025%$474$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9918+0.065%$620K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9900−0.116%$1.1M$2.5M50xas long as short
BloFin FIL-USDT+0.0197%8h0.9920+0.086%$2.7M$644K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0571% / S −0.0237%1h0.9910−0.015%$265K100xas long as short