Funding arb · Price arb /

FIL

all FIL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.011%

Price spread now: gTrade (Gains Network) against Gate+0.093%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.093% dearer against Gate than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate FIL_USDT	0.9919	0.0100	pay 0.0100% / 8h	0m 50s	$8.3M	$16.8M	50x
Short	gTrade (Gains Network) FIL/USD	0.9928	L −0.0004% / S +0.0006%	pay 0.0001% / 1h	0m 50s	$25K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.093%Rate

Funding earned: −$22.25
Price spread: +0.093% → 0.000%: $9.29
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$37.97
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	1.01 bp	16.7 bp −$17	27.0 bp −$270	50.3 bp −$5,034	81.8 bp −$40.9K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International FIL-PERP-INTX	−0.0176%	1h	0.9930	+0.111%	$355K	$2.2M	50x	as long as short
gTrade (Gains Network) FIL/USDshort	L −0.0004% / S +0.0006%	1h	0.9928	+0.093%	$25K	—	150x
dYdX FIL-USD	0.0000%	1h	0.9922	+0.025%	$58K	$1K	10x	as long as short
Deribit FIL_USDC-PERPETUAL	0.0000%	1h	0.9935	+0.161%	$171K	$23K	25x	as long as short
Injective FIL/USDC PERP	+0.0033%	1h	0.9855	−0.645%	$2K	$240K	12x	as long as short
KuCoin FILUSDTM	+0.0082%	8h	0.9925	+0.060%	$7.1M	$7.8M	50x	as long as short
Bybit FILUSDT	+0.0083%	8h	0.9915	−0.040%	$15.4M	$20.4M	25x	as long as short
Lighter FIL	+0.0096%	1h	0.9922	+0.026%	$145K	$359K	5x	as long as short
Hyperliquid FIL	+0.0100%	1h	0.9931	+0.118%	$8.3M	$9.4M	5x	as long as short
Aster FILUSDT	+0.0100%	8h	0.9921	+0.021%	$506K	$557K	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance FILUSDT	+0.0100%	8h	0.9920	+0.010%	$56.0M	$183.4M	75x	as long as short
OKX FIL-USDT-SWAP	+0.0100%	8h	0.9916	−0.030%	$17.6M	$107.7M	50x	as long as short
Gate FIL_USDTlong	+0.0100%	8h	0.9919	long leg	$8.3M	$16.8M	50x
MEXC FIL_USDC	+0.0100%	8h	0.9924	+0.050%	$230K	$101K	50x	as long as short
Bitget FILUSDT	+0.0100%	8h	0.9921	+0.020%	$11.1M	$19.4M	75x	as long as short
BingX FIL-USDT	+0.0100%	8h	0.9923	+0.040%	—	$11.8M	—	as long as short
Variational Omni FIL	+0.0100%	8h	0.9917	−0.019%	$442K	$281K	—	as long as short
edgeX FILUSDC	+0.0100%	4h	0.9913	−0.064%	$45K	$296K	10x	as long as short
GRVT FIL_USDT_Perp	+0.0100%	8h	0.9913	−0.056%	$294K	$1.5M	10x	as long as short
ApeX Omni FILUSDT	+0.0100%	1h	0.9920	+0.010%	$27K	$182K	50x	as long as short
Orderly PERP_FIL_USDC_mythos	+0.0100%	4h	0.9934	+0.147%	$4K	$798	10x	as long as short
SunX FIL-USDT	+0.0100%	8h	0.9920	+0.010%	$3K	$1.1M	20x	as long as short
SoDEX FIL-USD	+0.0100%	1h	0.9923	+0.040%	$476	$11K	5x	as long as short
HTX FIL-USDT	+0.0100%	8h	0.9925	+0.060%	$618K	$5.5M	75x	as long as short
Phemex FILUSDT	+0.0100%	8h	0.9930	+0.111%	$1.2M	$2.6M	50x	as long as short
Extended FIL-USD	+0.0104%	1h	0.9924	+0.052%	$697K	$4.2M	10x	as long as short
Kraken Futures PF_FILUSD	+0.0197%	1h	0.9931	+0.119%	$1.4M	$2.1M	50x	as long as short
BloFin FIL-USDT	+0.0220%	8h	0.9917	−0.020%	$2.6M	$662K	75x	as long as short
GMX FIL/USD [WBTC.b-USDC]	L +0.0602% / S −0.0280%	1h	0.9927	+0.080%	$265K	—	100x	as long as short