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+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.048%
Price spread now: SunX against OKX+0.081%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2092.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.081%, 7d avg +0.047%
Together, before fees+0.218%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.034% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX FIL-USDT-SWAP0.98820.0025pay 0.0025% / 8h49m 19s$18.2M$98.6M50x
ShortSunX FIL-USDT0.98900.0100get 0.0100% / 8h49m 19s$3K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$15.72
Price spread: +0.081% → +0.047%
$3.39
Slippage, 4 orders
−$190.59
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$189.48
Costs to cover
2.086%
Break-even
91.4 days
Slippage from OKX: live order book, 5 min ago; SunX: live order book, 4 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 OKX live order book, 5 min ago0.50 bp9.0 bp −$916.5 bp −$165doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago25.21 bp123.8 bp −$124423.1 bp −$4,231doesn'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−0.1062%1h0.9892+0.101%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0393%1h0.9891+0.089%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0352%1h0.9907+0.253%$320K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0245%1h0.9855−0.273%$2K$240K12xas long as short
KuCoin FILUSDTM−0.0005%8h0.9892+0.101%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9894+0.125%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9905+0.231%$58K$2K10xas long as short
OKX FIL-USDT-SWAPlong+0.0025%8h0.9882long leg$18.2M$98.6M50x
Bitget FILUSDT+0.0026%8h0.9884+0.020%$11.0M$21.5M75xas long as short
Bybit FILUSDT+0.0045%8h0.9886+0.040%$15.4M$18.2M25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0062%8h0.9884+0.020%$57.3M$177.8M75xas long as short
MEXC FIL_USDC+0.0062%8h0.9885+0.030%$251K$103K50xas long as short
Extended FIL-USD+0.0064%1h0.9879−0.030%$693K$2.3M10xas long as short
BingX FIL-USDT+0.0068%8h0.9889+0.071%$11.9Mas long as short
Lighter FIL+0.0080%1h0.9880−0.021%$159K$347K5xas long as short
Gate FIL_USDT+0.0096%8h0.9891+0.091%$7.9M$16.2M50xas long as short
Hyperliquid FIL+0.0100%1h0.9891+0.096%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9894+0.124%$498K$529K20xas long as short
Variational Omni FIL+0.0100%8h0.9911+0.296%$441K$277Kas long as short
edgeX FILUSDC+0.0100%4h0.9906+0.244%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9909+0.268%$289K$807K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9910+0.283%$30K$197K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9895+0.134%$5K10xas long as short
SunX FIL-USDTshort+0.0100%8h0.9890+0.081%$3K$1.1M20x
SoDEX FIL-USD+0.0100%1h0.9885+0.030%$486$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9894+0.121%$632K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9900+0.182%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0182%8h0.9885+0.030%$2.7M$555K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0572% / S −0.0666%1h0.9892+0.102%$197K100xas long as short