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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0487%/8h= −53.3% APRnext payment $0.61 per $10,000 · paid last 24h −0.122%
Price spread now: ApeX Omni against GMX+0.012%7-day average −0.020% · you sell dearer than you buy
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)−0.205%−$20 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.012%, 7d avg −0.020%
Together, before fees−0.322%−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.033% dearer against GMX than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.020%): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 3 days (−0.205% in total) that is about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX FIL/USD [WBTC.b-USDC]0.9899L +0.0587% / S −0.0261%pay 0.0073% / 1h0m 49s$264K100x
ShortApeX Omni FILUSDT0.99000.0100get 0.0013% / 1h0m 49s$30K$182K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$102.26
Price spread: +0.012% → −0.020%
$3.27
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$120.99
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 50 min ago. 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 GMX no order-book sample
Sell ApeX Omni live order book, 50 min ago9.94 bp28.3 bp −$28143.7 bp −$1,437doesn't fitdoesn't fit
GMX: 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−0.0557%1h0.9903+0.043%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0240%1h0.9883−0.160%$356K$2.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9899−0.003%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9899−0.003%$58K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0004%8h0.9903+0.043%$18.0M$106.3M50xas long as short
KuCoin FILUSDTM+0.0023%8h0.9901+0.022%$7.2M$7.8M50xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.442%$2K$240K12xas long as short
Kraken Futures PF_FILUSD+0.0067%1h0.9905+0.068%$1.4M$2.2M50xas long as short
Lighter FIL+0.0096%1h0.9896−0.024%$144K$377K5xas long as short
Hyperliquid FIL+0.0100%1h0.9902+0.032%$8.3M$9.5M5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FILUSDT+0.0100%8h0.9905+0.066%$505K$613K20xas long as short
Binance FILUSDT+0.0100%8h0.9902+0.032%$56.6M$185.3M75xas long as short
Bybit FILUSDT+0.0100%8h0.9900+0.012%$15.7M$20.4M25xas long as short
Gate FIL_USDT+0.0100%8h0.9900+0.012%$8.4M$17.0M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9896−0.028%$233K$106K50xas long as short
Bitget FILUSDT+0.0100%8h0.9898−0.008%$11.1M$20.4M75xas long as short
BingX FIL-USDT+0.0100%8h0.9900+0.012%$11.9Mas long as short
Variational Omni FIL+0.0100%8h0.9895−0.041%$447K$265Kas long as short
edgeX FILUSDC+0.0100%4h0.9904+0.049%$45K$297K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9925+0.269%$287K$1.1M10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h0.9900+0.012%$30K$182K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9908+0.089%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9900+0.012%$2K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9902+0.032%$477$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9908+0.093%$614K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9890−0.089%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9900+0.010%$696K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9899+0.002%$2.7M$702K75xas long as short
GMX FIL/USD [WBTC.b-USDC]longL +0.0587% / S −0.0261%1h0.9899long leg$264K100x