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

FIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.039%
Price spread now: Bybit against SoDEX−0.020%7-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 3 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 −$3 a day on $10k at the current rate, and Bybit is 0.020% cheaper against SoDEX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX FIL-USD0.98850.0100pay 0.0013% / 1h32m 49s$486$11K5x
ShortBybit FILUSDT0.98830.0006get 0.0006% / 8h1h 32m$15.5M$18.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SoDEX. 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
−$19.83
Price spread: −0.020% → 0.000%
−$2.02
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$40.86
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 1 min ago. 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 SoDEX no order-book sample
Sell Bybit live order book, 1 min ago0.51 bp11.8 bp −$1232.9 bp −$329doesn't fitdoesn't fit
SoDEX: 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
Kraken Futures PF_FILUSD−0.0694%1h0.9891+0.062%$1.4M$2.3M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0457%1h0.9899+0.142%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0376%1h0.9872−0.132%$317K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0252%1h0.9855−0.303%$2K$240K12xas long as short
Bitget FILUSDT−0.0016%8h0.9882−0.030%$11.0M$21.5M75xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9895+0.097%$25K150xas long as short
Lighter FIL0.0000%1h0.9884−0.013%$158K$349K5xas long as short
dYdX FIL-USD0.0000%1h0.9890+0.050%$58K$2K10xas long as short
Bybit FILUSDTshort+0.0006%8h0.9883−0.020%$15.5M$18.0M25x
KuCoin FILUSDTM+0.0011%8h0.9882−0.030%$7.4M$7.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0030%8h0.9879−0.061%$18.1M$97.2M50xas long as short
MEXC FIL_USDC+0.0074%8h0.9881−0.040%$251K$104K50xas long as short
Binance FILUSDT+0.0076%8h0.9878−0.071%$56.8M$175.1M75xas long as short
Extended FIL-USD+0.0080%1h0.9876−0.092%$689K$2.3M10xas long as short
BingX FIL-USDC+0.0080%8h0.9882−0.030%$6.5Mas long as short
Variational Omni FIL+0.0099%8h0.9875−0.097%$439K$277Kas long as short
Hyperliquid FIL+0.0100%1h0.9883−0.015%$8.6M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9886+0.008%$496K$525K20xas long as short
Gate FIL_USDT+0.0100%8h0.9884−0.010%$7.8M$16.2M50xas long as short
edgeX FILUSDC+0.0100%4h0.9864−0.216%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9868−0.175%$287K$803K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9860−0.253%$30K$198K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9898+0.126%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9880−0.051%$3K$1.1M20xas long as short
SoDEX FIL-USDlong+0.0100%1h0.9885long leg$486$11K5x
HTX FIL-USDT+0.0100%8h0.9898+0.132%$626K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9880−0.051%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0196%8h0.9887+0.020%$2.7M$657K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0598% / S −0.0709%1h0.9893+0.082%$207K100xas long as short