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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0438%/8h= −48.0% APRpaid last 24h −0.143%
Price spread now: BingX against GMX−0.081%7-day average −0.064% · 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)−0.199%−$20 on $10k
Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.081%, 7d avg −0.064%
Together, before fees−0.149%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX FIL/USD [WBTC.b-USDC]0.9860L +0.0538% / S −0.0538%pay 0.0067% / 1h40m 11s$196K100x
ShortBingX FIL-USDT0.98520.0100get 0.0100% / 8h7h 40m$11.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$92.07
Price spread: −0.081% → −0.064%
−$1.75
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$115.81
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 8 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 BingX live order book, 8 min ago1.01 bp7.7 bp −$810.2 bp −$10228.1 bp −$2,81453.3 bp −$26.6K
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−0.0763%1h0.9861+0.010%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0333%1h0.9857−0.027%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9862+0.020%$316K$1.8M50xas long as short
KuCoin FILUSDTM−0.0040%8h0.9855−0.051%$7.4M$7.1M50xas long as short
OKX FIL-USDT-SWAP−0.0032%8h0.9850−0.101%$17.9M$98.5M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9860+0.001%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9860+0.004%$57K$2K10xas long as short
Extended FIL-USD+0.0032%1h0.9851−0.096%$689K$3.2M10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.051%$2K$240K12xas long as short
Binance FILUSDT+0.0035%8h0.9850−0.105%$56.8M$179.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget FILUSDT+0.0059%8h0.9856−0.040%$10.8M$21.5M75xas long as short
MEXC FIL_USDC+0.0060%8h0.9848−0.122%$247K$104K50xas long as short
Lighter FIL+0.0096%1h0.9848−0.119%$159K$346K5xas long as short
Hyperliquid FIL+0.0100%1h0.9854−0.059%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.98600.000%$493K$553K20xas long as short
Bybit FILUSDT+0.0100%8h0.9853−0.071%$15.3M$18.3M25xas long as short
Gate FIL_USDT+0.0100%8h0.9854−0.061%$8.2M$16.1M50xas long as short
BingX FIL-USDTshort+0.0100%8h0.9852−0.081%$11.9M
Variational Omni FIL+0.0100%8h0.9882+0.223%$443K$279Kas long as short
edgeX FILUSDC+0.0100%4h0.9881+0.213%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9890+0.300%$292K$812K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9870+0.102%$30K$196K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9867+0.068%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850−0.101%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9851−0.091%$483$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9870+0.102%$629K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9850−0.101%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0138%8h0.9875+0.152%$2.7M$571K75xas long as short
GMX FIL/USD [WBTC.b-USDC]longL +0.0538% / S −0.0538%1h0.9860long leg$196K100x