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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0187%/8h= +20.4% APRpaid last 24h −0.023%
Price spread now: BloFin against Injective+0.710%7-day average −1.406% · 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 7 days+0.176%+$18 on $10k
Price spread, last 4 days (all we have)+1.924%+$192 · spread now +0.710%, 7d avg −1.406%
Together, before fees+2.101%+$210 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 2.116% dearer against Injective than usual: you sell high and buy low: +$212 more if the spread goes back to its 7-day average of −1.406%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective FIL/USDC PERP0.98550.0033pay 0.0004% / 1h41m 26s$2K$240K12x
ShortBloFin FIL-USDT0.99250.0220get 0.0220% / 8h41m 26s$2.6M$671K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
$39.2
Price spread: +0.710% → −1.406%
$211.63
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$238.81
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 2 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 Injective no order-book sample
Sell BloFin live order book, 2 min ago1.51 bp7.5 bp −$811.1 bp −$11124.7 bp −$2,468doesn't fit
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−0.0253%1h0.9938+0.842%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0176%1h0.9942+0.883%$349K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9934+0.797%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9930+0.761%$58K$1K10xas long as short
Injective FIL/USDC PERPlong+0.0033%1h0.9855long leg$2K$240K12x
KuCoin FILUSDTM+0.0077%8h0.9930+0.761%$7.1M$7.9M50xas long as short
Lighter FIL+0.0096%1h0.9926+0.718%$145K$358K5xas long as short
Hyperliquid FIL+0.0100%1h0.9935+0.814%$8.4M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9935+0.807%$506K$581K20xas long as short
Binance FILUSDT+0.0100%8h0.9931+0.771%$56.0M$184.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FILUSDT+0.0100%8h0.9927+0.731%$15.5M$20.4M25xas long as short
OKX FIL-USDT-SWAP+0.0100%8h0.9929+0.751%$17.8M$107.9M50xas long as short
Gate FIL_USDT+0.0100%8h0.9928+0.741%$8.2M$16.6M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9925+0.710%$230K$99K50xas long as short
Bitget FILUSDT+0.0100%8h0.9930+0.761%$11.2M$19.4M75xas long as short
BingX FIL-USDT+0.0100%8h0.9928+0.741%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9925+0.706%$441K$283Kas long as short
edgeX FILUSDC+0.0100%4h0.9923+0.695%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9922+0.682%$288K$1.4M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9930+0.761%$27K$184K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9942+0.887%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9930+0.761%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9931+0.771%$483$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9939+0.852%$614K$5.5M75xas long as short
Phemex FILUSDT+0.0100%8h0.9920+0.660%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9922+0.684%$697K$4.2M10xas long as short
Kraken Futures PF_FILUSD+0.0197%1h0.9936+0.826%$1.4M$2.1M50xas long as short
BloFin FIL-USDTshort+0.0220%8h0.9925+0.710%$2.6M$671K75x
GMX FIL/USD [WBTC.b-USDC]L +0.0602% / S −0.0280%1h0.9933+0.795%$266K100xas long as short