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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h +0.034%
Price spread now: edgeX against Kraken Futures+0.250%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 4 days (all we have)−0.254%−$25 · spread now +0.250%, 7d avg −0.079%
Together, before fees−0.045%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.329% dearer against Kraken Futures than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_FILUSD0.99270.0098pay 0.0012% / 1h2m 38s$1.4M$2.1M50x
ShortedgeX FILUSDC0.99520.0100get 0.0050% / 4h3h 02m$45K$296K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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
$0.52
Price spread: +0.250% → −0.079%
$32.9
Slippage, 4 orders
−$104.28
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$89.86
Costs to cover
1.233%
Break-even
1218.2 days
Slippage from Kraken Futures: live order book, 1 min ago; edgeX: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 1 min ago15.11 bp46.1 bp −$4685.6 bp −$856doesn't fitdoesn't fit
Sell edgeX live order book, 30 min ago3.54 bp8.7 bp −$980.4 bp −$804doesn't fitdoesn't fit

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−0.0756%1h0.9930+0.025%$171K$18K25xas long as short
Coinbase International FIL-PERP-INTX−0.0056%1h0.9919−0.086%$394K$2.4M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9930+0.021%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9904−0.238%$57K$88710xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.730%$2K$240K12xas long as short
Lighter FIL+0.0096%1h0.9898−0.293%$144K$346K5xas long as short
Kraken Futures PF_FILUSDlong+0.0098%1h0.9927long leg$1.4M$2.1M50x
Hyperliquid FIL+0.0100%1h0.9911−0.162%$8.2M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9895−0.327%$504K$529K20xas long as short
Binance FILUSDT+0.0100%8h0.9895−0.327%$56.7M$180.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FILUSDT+0.0100%8h0.9899−0.287%$15.2M$19.9M25xas long as short
OKX FIL-USDT-SWAP+0.0100%8h0.9902−0.257%$17.9M$104.0M50xas long as short
Gate FIL_USDT+0.0100%8h0.9910−0.176%$8.5M$16.8M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9899−0.287%$229K$100K50xas long as short
KuCoin FILUSDTM+0.0100%8h0.9899−0.287%$7.1M$7.8M50xas long as short
Bitget FILUSDT+0.0100%8h0.9911−0.166%$11.8M$19.5M75xas long as short
BingX FIL-USDC+0.0100%8h0.9899−0.287%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9958+0.306%$444K$271Kas long as short
edgeX FILUSDCshort+0.0100%4h0.9952+0.250%$45K$296K10x
GRVT FIL_USDT_Perp+0.0100%8h0.9946+0.183%$297K$1.6M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9960+0.327%$23K$181K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9936+0.081%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9920−0.075%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9925−0.025%$478$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9928+0.005%$624K$5.4M75xas long as short
Phemex FILUSDT+0.0100%8h0.9920−0.075%$1.3M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9903−0.245%$696K$4.2M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9928+0.005%$2.7M$638K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0598% / S −0.0280%1h0.9923−0.046%$265K100xas long as short