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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Phemex−0.099%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.099%, 7d avg +0.019%
Together, before fees+0.426%+$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.118% cheaper against Phemex than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex FILUSDT1.00700.0100pay 0.0100% / 8h5h 32m$1.1M$2.5M50x
ShortApeX Omni FILUSDT1.00600.0100get 0.0013% / 1h32m 50s$30K$183K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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
$0
Price spread: −0.099% → +0.019%
−$11.81
Slippage, 4 orders
−$95.79
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$129.6
Costs to cover
1.178%
Break-even
never at this rate
Slippage from Phemex: live order book, 6 min ago; ApeX Omni: live order book, 28 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 Phemex live order book, 6 min ago9.99 bp28.8 bp −$29122.1 bp −$1,221doesn't fitdoesn't fit
Sell ApeX Omni live order book, 28 min ago14.99 bp24.9 bp −$25109.5 bp −$1,095doesn'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
Coinbase International FIL-PERP-INTX−0.0256%1h1.0076+0.060%$381K$2.1M50xas long as short
Kraken Futures PF_FILUSD−0.0126%1h1.0080+0.099%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0055%8h1.0085+0.149%$19.0M$101.4M50xas long as short
KuCoin FILUSDTM−0.0031%8h1.0088+0.179%$7.5M$7.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0003% / S +0.0006%1h1.0073+0.035%$27K150xas long as short
dYdX FIL-USD0.0000%1h1.0054−0.154%$59K$2K10xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h1.0082+0.119%$173K$23K25xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−2.135%$2K$240K12xas long as short
Extended FIL-USD+0.0056%1h1.0088+0.180%$712K$3.3M10xas long as short
Binance FILUSDT+0.0058%8h1.0095+0.247%$58.5M$178.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0081%8h1.0085+0.149%$244K$103K50xas long as short
Lighter FIL+0.0096%1h1.0079+0.092%$160K$352K5xas long as short
Hyperliquid FIL+0.0100%1h1.0092+0.218%$8.7M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h1.0086+0.158%$513K$578K20xas long as short
Bybit FILUSDT+0.0100%8h1.0087+0.169%$15.7M$19.3M25xas long as short
Gate FIL_USDT+0.0100%8h1.0089+0.189%$8.6M$16.4M50xas long as short
Bitget FILUSDT+0.0100%8h1.0088+0.179%$11.0M$20.1M75xas long as short
BingX FIL-USDT+0.0100%8h1.0090+0.199%$11.9Mas long as short
Variational Omni FIL+0.0100%8h1.0041−0.293%$452K$266Kas long as short
edgeX FILUSDC+0.0100%4h1.0057−0.134%$46K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0078+0.079%$293K$880K10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h1.0060−0.099%$30K$183K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0084+0.136%$5K10xas long as short
SunX FIL-USDT+0.0100%8h1.00700.000%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0076+0.060%$485$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0083+0.129%$637K$5.8M75xas long as short
Phemex FILUSDTlong+0.0100%8h1.0070long leg$1.1M$2.5M50x
BloFin FIL-USDT+0.0178%8h1.0081+0.109%$2.8M$642K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0576% / S −0.0237%1h1.0076+0.056%$269K100xas long as short