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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h +0.018%
Price spread now: Injective against SoDEX−0.855%62s7-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 4 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 0.855% cheaper against SoDEX than usual: you would sell low and buy high (−$86 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX FIL-USD0.99400.0100pay 0.0013% / 1h3m 51s$483$11K5x
ShortInjective FIL/USDC PERP0.98550.0033get 0.0004% / 1h3m 51s$2K$240K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −0.855% → 0.000%
−$85.51
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$107.53
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SoDEX: 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 SoDEX no order-book sample
Sell Injective no order-book sample
SoDEX 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−0.0152%1h0.9944+0.040%$171K$18K25xas long as short
Coinbase International FIL-PERP-INTX−0.0056%1h0.9934−0.060%$329K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9935−0.055%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9933−0.072%$57K$88710xas long as short
Injective FIL/USDC PERPshort+0.0033%1h0.9855−0.855%$2K$240K12x
Lighter FIL+0.0096%1h0.9937−0.034%$144K$346K5xas long as short
Kraken Futures PF_FILUSD+0.0097%1h0.9944+0.043%$1.4M$2.1M50xas long as short
Hyperliquid FIL+0.0100%1h0.9924−0.164%$8.2M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9920−0.197%$506K$552K20xas long as short
Binance FILUSDT+0.0100%8h0.9917−0.229%$56.8M$178.2M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FILUSDT+0.0100%8h0.9912−0.282%$15.2M$19.8M25xas long as short
OKX FIL-USDT-SWAP+0.0100%8h0.9916−0.241%$17.9M$103.7M50xas long as short
Gate FIL_USDT+0.0100%8h0.9938−0.020%$8.5M$16.7M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9936−0.040%$230K$100K50xas long as short
KuCoin FILUSDTM+0.0100%8h0.99400.000%$7.1M$7.7M50xas long as short
Bitget FILUSDT+0.0100%8h0.9914−0.262%$11.5M$19.3M75xas long as short
BingX FIL-USDC+0.0100%8h0.9918−0.221%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9958+0.180%$444K$271Kas long as short
edgeX FILUSDC+0.0100%4h0.9951+0.107%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9951+0.115%$292K$1.6M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9960+0.201%$23K$181K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9945+0.050%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9950+0.101%$3K$1.1M20xas long as short
SoDEX FIL-USDlong+0.0100%1h0.9940long leg$483$11K5x
HTX FIL-USDT+0.0100%8h0.9945+0.050%$624K$5.4M75xas long as short
Phemex FILUSDT+0.0100%8h0.9930−0.101%$1.3M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9937−0.034%$700K$4.2M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9955+0.151%$2.7M$640K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0598% / S −0.0280%1h0.9937−0.034%$266K100xas long as short