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

ILV

all ILV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.027%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1881.885% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.315%+$32 · spread now +0.027%, 7d avg +0.131%
Together, before fees+0.324%+$32 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: Bybit is 0.105% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.131%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ILVUSDT3.76000.0100pay 0.0050% / 4h1h 45m$135K$164K50x
ShortBybit ILVUSDT3.76100.0100get 0.0050% / 4h1h 45m$535K$331K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.027% → +0.131%
−$10.47
Slippage, 4 orders
−$165.48
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$198.96
Costs to cover
1.885%
Break-even
never at this rate
Slippage from Bitget: live order book, 9 min ago; Bybit: live order book, 10 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 Bitget live order book, 9 min ago10.67 bp28.7 bp −$29193.7 bp −$1,937doesn't fitdoesn't fit
Sell Bybit live order book, 10 min ago6.66 bp58.0 bp −$58671.5 bp −$6,715doesn't fitdoesn't fit

ILV on 10 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
Injective ILV/USDC PERP−0.2264%1h3.7390−0.559%$2K$1015.5xas long as short
Binance ILVUSDT+0.0100%4h3.7589−0.029%$1.5M$1.8M50xas long as short
Bybit ILVUSDTshort+0.0100%4h3.7610+0.027%$535K$331K50x
Gate ILV_USDT+0.0100%8h3.7520−0.213%$59K$60K20xas long as short
MEXC ILV_USDT+0.0100%4h3.76000.000%$694K$152K50xas long as short
KuCoin ILVUSDTM+0.0100%4h3.7570−0.080%$339K$71K30xas long as short
Bitget ILVUSDTlong+0.0100%4h3.7600long leg$135K$164K50x
BingX ILV-USDT+0.0100%4h3.76000.000%$6.5Mas long as short
Variational Omni ILV+0.0100%4h3.7578−0.057%$7K$5as long as short
BloFin ILV-USDT+0.0137%4h3.7590−0.027%$50K50xas long as short