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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against ApeX Omni+0.201%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$1041.037% 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)−0.528%−$53 · spread now +0.201%, 7d avg −0.028%
Together, before fees−0.528%−$53 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: Phemex is 0.229% dearer against ApeX Omni than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT0.99500.0100pay 0.0013% / 1h21m 20s$23K$181K50x
ShortPhemex FILUSDT0.99700.0100get 0.0100% / 8h7h 21m$1.3M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against ApeX Omni. 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: +0.201% → −0.028%
$22.9
Slippage, 4 orders
−$81.68
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$80.77
Costs to cover
1.037%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 10 min ago; Phemex: live order book, 2 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 ApeX Omni live order book, 10 min ago10.12 bp19.7 bp −$20123.1 bp −$1,231doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago10.05 bp32.4 bp −$32105.2 bp −$1,052doesn'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−0.0056%1h0.9982+0.322%$355K$2.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9983+0.332%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9973+0.231%$58K$88710xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h0.9987+0.372%$172K$23K25xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.955%$2K$240K12xas long as short
Lighter FIL+0.0096%1h0.9974+0.246%$145K$345K5xas long as short
KuCoin FILUSDTM+0.0096%8h0.9980+0.302%$7.1M$7.8M50xas long as short
Kraken Futures PF_FILUSD+0.0097%1h0.9985+0.349%$1.4M$2.1M50xas long as short
Hyperliquid FIL+0.0100%1h0.9987+0.369%$8.4M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9990+0.404%$509K$552K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9993+0.429%$56.9M$182.3M75xas long as short
Bybit FILUSDT+0.0100%8h0.9992+0.422%$15.4M$20.2M25xas long as short
OKX FIL-USDT-SWAP+0.0100%8h0.9993+0.432%$17.8M$105.6M50xas long as short
Gate FIL_USDT+0.0100%8h0.9988+0.382%$8.3M$16.4M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9975+0.251%$231K$99K50xas long as short
Bitget FILUSDT+0.0100%8h0.9981+0.312%$11.4M$19.3M75xas long as short
BingX FIL-USDT+0.0100%8h0.9991+0.412%$11.7Mas long as short
Variational Omni FIL+0.0100%8h0.9884−0.668%$440K$279Kas long as short
edgeX FILUSDC+0.0100%4h0.9949−0.012%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9954+0.039%$294K$1.5M10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h0.9950long leg$23K$181K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0005+0.549%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9980+0.302%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9980+0.302%$487$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9990+0.402%$624K$5.5M75xas long as short
Phemex FILUSDTshort+0.0100%8h0.9970+0.201%$1.3M$2.6M50x
Extended FIL-USD+0.0104%1h0.9976+0.263%$700K$4.2M10xas long as short
BloFin FIL-USDT+0.0220%8h0.99500.000%$2.7M$651K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0601% / S −0.0280%1h0.9954+0.043%$266K100xas long as short