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+0.0037%/8h= +4.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.033%
Price spread now: HTX against KuCoin+0.182%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$610.606% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.344%+$34 on $10k
Price spread, last 4 days (all we have)+0.253%+$25 · spread now +0.182%, 7d avg +0.146%
Together, before fees+0.597%+$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.035% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.146%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FILUSDTM0.99170.0063pay 0.0063% / 8h1h 47m$7.1M$8.0M50x
ShortHTX FIL-USDT0.99350.0100get 0.0100% / 8h1h 47m$616K$5.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$7.77
Price spread: +0.182% → +0.146%
$3.52
Slippage, 4 orders
−$36.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$49.3
Costs to cover
0.606%
Break-even
51.4 days
Slippage from KuCoin: live order book, 11 min ago; HTX: 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, 11 min ago2.01 bp15.3 bp −$1541.4 bp −$414doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago1.51 bp14.6 bp −$1545.9 bp −$459doesn'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−0.0354%1h0.9933+0.161%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0248%1h0.9932+0.151%$354K$2.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9930+0.131%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9918+0.010%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.625%$2K$240K12xas long as short
OKX FIL-USDT-SWAP+0.0048%8h0.99170.000%$18.0M$109.6M50xas long as short
KuCoin FILUSDTMlong+0.0063%8h0.9917long leg$7.1M$8.0M50x
Lighter FIL+0.0096%1h0.9914−0.034%$147K$355K5xas long as short
Hyperliquid FIL+0.0100%1h0.9920+0.026%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9923+0.060%$507K$607K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9919+0.020%$55.9M$188.1M75xas long as short
Bybit FILUSDT+0.0100%8h0.9918+0.010%$15.6M$20.6M25xas long as short
Gate FIL_USDT+0.0100%8h0.9919+0.020%$8.2M$16.6M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9912−0.050%$230K$103K50xas long as short
Bitget FILUSDT+0.0100%8h0.9915−0.020%$11.3M$20.1M75xas long as short
BingX FIL-USDC+0.0100%8h0.99170.000%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9919+0.019%$442K$272Kas long as short
edgeX FILUSDC+0.0100%4h0.9927+0.103%$45K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9920+0.029%$291K$1.3M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9920+0.030%$29K$183K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9937+0.202%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9920+0.030%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9925+0.081%$482$11K5xas long as short
HTX FIL-USDTshort+0.0100%8h0.9935+0.182%$616K$5.7M75x
Phemex FILUSDT+0.0100%8h0.9920+0.030%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9912−0.047%$697K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9932+0.151%$2.7M$690K75xas long as short
Kraken Futures PF_FILUSD+0.0246%1h0.9933+0.159%$1.4M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0603% / S −0.0280%1h0.9928+0.113%$266K100xas long as short