Funding arb · Price arb /

FIL

all FIL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0015%/8h= −1.7% APRpaid last 24h +0.018%

Price spread now: dYdX against OKX+0.164%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.164% dearer against OKX than usual: you sell high and buy low (spread +0.164% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 36 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX FIL-USDT-SWAP	0.9841	0.0015	pay 0.0015% / 8h	2h 21m	$18.2M	$96.4M	50x
Short	dYdX FIL-USD	0.9857	0	get 0.0000% / 1h	21m 27s	$57K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee dYdXbpOrdersPrice spread, now +0.164%Rate

Funding earned: −$3.21
Price spread: +0.164% → 0.000%: $16.37
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$6.84
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 2 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 2 min ago	0.51 bp	8.2 bp −$8	16.3 bp −$163	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit FIL_USDC-PERPETUAL	−0.1169%	1h	0.9853	+0.122%	$170K	$23K	25x	as long as short
Kraken Futures PF_FILUSD	−0.0622%	1h	0.9852	+0.113%	$1.4M	$2.2M	50x	as long as short
Lighter FIL	−0.0360%	1h	0.9842	+0.012%	$157K	$337K	5x	as long as short
Coinbase International FIL-PERP-INTX	−0.0328%	1h	0.9860	+0.193%	$315K	$1.9M	50x	as long as short
Bybit FILUSDT	−0.0050%	8h	0.9845	+0.041%	$15.5M	$17.9M	25x	as long as short
Bitget FILUSDT	−0.0036%	8h	0.9832	−0.091%	$10.8M	$21.7M	75x	as long as short
gTrade (Gains Network) FIL/USD	L −0.0004% / S +0.0006%	1h	0.9851	+0.100%	$24K	—	150x	as long as short
dYdX FIL-USDshort	0.0000%	1h	0.9857	+0.164%	$57K	$2K	10x
Variational Omni FIL	+0.0009%	8h	0.9855	+0.139%	$437K	$277K	—	as long as short
OKX FIL-USDT-SWAPlong	+0.0015%	8h	0.9841	long leg	$18.2M	$96.4M	50x

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin FILUSDTM	+0.0033%	8h	0.9849	+0.081%	$7.4M	$7.1M	50x	as long as short
Injective FIL/USDC PERP	+0.0033%	1h	0.9751	−0.915%	$2K	$148K	12x	as long as short
Hyperliquid FIL	+0.0039%	1h	0.9842	+0.011%	$8.6M	$9.5M	5x	as long as short
Aster FILUSDT	+0.0100%	8h	0.9854	+0.128%	$487K	$514K	20x	as long as short
Binance FILUSDT	+0.0100%	8h	0.9844	+0.034%	$56.5M	$175.5M	75x	as long as short
Gate FIL_USDT	+0.0100%	8h	0.9853	+0.122%	$7.8M	$16.3M	50x	as long as short
MEXC FIL_USDC	+0.0100%	8h	0.9846	+0.051%	$250K	$105K	50x	as long as short
BingX FIL-USDT	+0.0100%	8h	0.9848	+0.071%	—	$11.9M	—	as long as short
edgeX FILUSDC	+0.0100%	4h	0.9851	+0.104%	$45K	$292K	10x	as long as short
GRVT FIL_USDT_Perp	+0.0100%	8h	0.9849	+0.085%	$288K	$801K	10x	as long as short
ApeX Omni FILUSDT	+0.0100%	1h	0.9850	+0.091%	$42K	$193K	50x	as long as short
Orderly PERP_FIL_USDC_mythos	+0.0100%	4h	0.9854	+0.128%	$5K	—	10x	as long as short
SunX FIL-USDT	+0.0100%	8h	0.9840	−0.010%	$3K	$1.1M	20x	as long as short
SoDEX FIL-USD	+0.0100%	1h	0.9844	+0.030%	$478	$11K	5x	as long as short
HTX FIL-USDT	+0.0100%	8h	0.9853	+0.122%	$627K	$5.7M	75x	as long as short
Phemex FILUSDT	+0.0100%	8h	0.9850	+0.091%	$1.1M	$2.2M	50x	as long as short
Extended FIL-USD	+0.0104%	1h	0.9846	+0.049%	$685K	$2.3M	10x	as long as short
BloFin FIL-USDT	+0.0220%	8h	0.9852	+0.112%	$2.6M	$642K	75x	as long as short
GMX FIL/USD [WBTC.b-USDC]	L +0.0625% / S −0.0759%	1h	0.9852	+0.112%	$218K	—	100x	as long as short