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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.018%
Price spread now: Injective against Orderly−0.398%58s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.398% cheaper against Orderly than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_FIL_USDC_mythos0.98940.0100pay 0.0050% / 4h2h 38m$4K$79810x
ShortInjective FIL/USDC PERP0.98550.0033get 0.0004% / 1h38m 05s$2K$240K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Orderly. 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
−$14
Price spread: −0.398% → 0.000%
−$39.82
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$59.84
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Injective no order-book sample
Orderly and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FIL_USDC-PERPETUAL−0.0760%1h0.9890−0.044%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0240%1h0.9889−0.055%$339K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9884−0.108%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9885−0.100%$58K$1K10xas long as short
OKX FIL-USDT-SWAP+0.0022%8h0.9889−0.055%$18.0M$107.6M50xas long as short
Injective FIL/USDC PERPshort+0.0033%1h0.9855−0.398%$2K$240K12x
KuCoin FILUSDTM+0.0040%8h0.9885−0.095%$7.2M$7.9M50xas long as short
Lighter FIL+0.0096%1h0.9883−0.111%$147K$379K5xas long as short
Hyperliquid FIL+0.0100%1h0.9892−0.019%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9894−0.009%$505K$613K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9890−0.045%$56.0M$185.6M75xas long as short
Bybit FILUSDT+0.0100%8h0.9887−0.075%$15.6M$20.5M25xas long as short
Gate FIL_USDT+0.0100%8h0.9887−0.075%$8.3M$16.7M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9889−0.055%$233K$103K50xas long as short
Bitget FILUSDT+0.0100%8h0.9887−0.075%$11.1M$20.0M75xas long as short
BingX FIL-USDT+0.0100%8h0.9886−0.085%$11.9Mas long as short
Variational Omni FIL+0.0100%8h0.9882−0.126%$447K$264Kas long as short
edgeX FILUSDC+0.0100%4h0.9912+0.180%$45K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9883−0.112%$289K$1.1M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9900+0.057%$29K$182K50xas long as short
Orderly PERP_FIL_USDC_mythoslong+0.0100%4h0.9894long leg$4K$79810x
SunX FIL-USDT+0.0100%8h0.9880−0.146%$2K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9884−0.105%$484$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9891−0.034%$615K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9880−0.146%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9882−0.124%$693K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9855−0.398%$2.6M$699K75xas long as short
Kraken Futures PF_FILUSD+0.0251%1h0.9892−0.020%$1.3M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0595% / S −0.0272%1h0.9883−0.112%$264K100xas long as short