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−0.0030%/8h= −3.3% APRnext payment $0.30 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against KuCoin−0.030%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.528% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 7 days+0.014%+$1 · spread now −0.030%, 7d avg −0.019%
Together, before fees+0.156%+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.142%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FILUSDTM0.98700.0012pay 0.0012% / 8h1h 36m$7.4M$7.0M50x
ShortBitget FILUSDT0.9867−0.0018pay 0.0018% / 8h1h 36m$11.0M$21.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$6.3
Price spread: −0.030% → −0.019%
−$1.12
Slippage, 4 orders
−$28.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.19
Costs to cover
0.528%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 2 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 KuCoin live order book, 1 min ago2.03 bp16.9 bp −$1745.1 bp −$451doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.51 bp10.4 bp −$1012.6 bp −$12638.1 bp −$3,812doesn'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
Kraken Futures PF_FILUSD−0.0695%1h0.9876+0.066%$1.4M$2.3M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0458%1h0.9876+0.061%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9873+0.030%$316K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0252%1h0.9855−0.152%$2K$240K12xas long as short
Lighter FIL−0.0024%1h0.9868−0.021%$158K$349K5xas long as short
Bitget FILUSDTshort−0.0018%8h0.9867−0.030%$11.0M$21.4M75x
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9871+0.014%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9878+0.077%$58K$2K10xas long as short
Bybit FILUSDT0.0000%8h0.9871+0.010%$15.5M$18.0M25xas long as short
KuCoin FILUSDTMlong+0.0012%8h0.9870long leg$7.4M$7.0M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0029%8h0.9866−0.041%$18.1M$97.0M50xas long as short
MEXC FIL_USDC+0.0074%8h0.98700.000%$251K$104K50xas long as short
Binance FILUSDT+0.0078%8h0.9867−0.026%$56.8M$174.9M75xas long as short
Extended FIL-USD+0.0080%1h0.9867−0.033%$689K$2.3M10xas long as short
BingX FIL-USDC+0.0082%8h0.98700.000%$6.5Mas long as short
Variational Omni FIL+0.0091%8h0.9897+0.277%$441K$277Kas long as short
Hyperliquid FIL+0.0100%1h0.9875+0.051%$8.6M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9877+0.067%$488K$525K20xas long as short
Gate FIL_USDT+0.0100%8h0.9873+0.030%$7.8M$16.2M50xas long as short
edgeX FILUSDC+0.0100%4h0.9884+0.140%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9885+0.147%$287K$803K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9890+0.203%$30K$198K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9875+0.053%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9860−0.101%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.98700.000%$482$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9873+0.030%$624K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.98700.000%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0198%8h0.9871+0.010%$2.7M$655K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0616% / S −0.0742%1h0.9871+0.013%$214K100xas long as short