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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0345%/8h= +37.8% APRpaid last 24h −0.025%
Price spread now: edgeX against Injective+0.390%7-day average −2.195% · 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+0.056%+$6 on $10k
Price spread, last 3 days (all we have)+0.939%+$94 · spread now +0.390%, 7d avg −2.195%
Together, before fees+0.995%+ Points / potential airdropedgeX: Active · farm board+$100 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and edgeX is 2.585% dearer against Injective than usual: you sell high and buy low: +$258 more if the spread goes back to its 7-day average of −2.195%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective FIL/USDC PERP0.9855−0.0245get 0.0031% / 1h53m 49s$2K$240K12x
ShortedgeX FILUSDC0.98930.0100get 0.0050% / 4h53m 49s$45K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$72.44
Price spread: +0.390% → −2.195%
$258.47
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$321.89
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 24 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 edgeX live order book, 24 min ago3.53 bp8.6 bp −$9103.1 bp −$1,031doesn't fitdoesn'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−0.0958%1h0.9924+0.700%$171K$23K25xas long as short
ApeX Omni FILUSDT−0.0508%1h0.9900+0.457%$30K$197K50xas long as short
Kraken Futures PF_FILUSD−0.0392%1h0.9925+0.712%$1.4M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0352%1h0.9890+0.355%$319K$1.9M50xas long as short
Injective FIL/USDC PERPlong−0.0245%1h0.9855long leg$2K$240K12x
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9922+0.682%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9891+0.369%$58K$2K10xas long as short
KuCoin FILUSDTM+0.0003%8h0.9917+0.629%$7.4M$7.1M50xas long as short
Bitget FILUSDT+0.0020%8h0.9915+0.609%$11.0M$21.6M75xas long as short
OKX FIL-USDT-SWAP+0.0029%8h0.9916+0.619%$18.2M$98.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FILUSDT+0.0043%8h0.9919+0.649%$15.4M$18.2M25xas long as short
Extended FIL-USD+0.0064%1h0.9911+0.564%$692K$2.3M10xas long as short
MEXC FIL_USDC+0.0065%8h0.9911+0.568%$252K$103K50xas long as short
Binance FILUSDT+0.0068%8h0.9913+0.589%$57.4M$177.9M75xas long as short
BingX FIL-USDT+0.0075%8h0.9916+0.619%$11.9Mas long as short
Lighter FIL+0.0096%1h0.9912+0.578%$159K$347K5xas long as short
Hyperliquid FIL+0.0100%1h0.9917+0.628%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9922+0.677%$499K$529K20xas long as short
Gate FIL_USDT+0.0100%8h0.9914+0.599%$7.9M$16.1M50xas long as short
Variational Omni FIL+0.0100%8h0.9896+0.418%$441K$277Kas long as short
edgeX FILUSDCshort+0.0100%4h0.9893+0.390%$45K$292K10x
GRVT FIL_USDT_Perp+0.0100%8h0.9887+0.320%$287K$790K10xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9927+0.734%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9910+0.558%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9916+0.619%$487$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9921+0.670%$629K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9930+0.761%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0189%8h0.9884+0.294%$2.7M$606K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0573% / S −0.0666%1h0.9921+0.669%$197K100xas long as short