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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.68 per $10,000 · paid last 24h +0.008%
Price spread now: Gate against Binance+0.078%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.078%, 7d avg +0.009%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.069% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FILUSDT0.98450.0032pay 0.0032% / 8h7h 35m$56.8M$178.3M75x
ShortGate FIL_USDT0.98530.0100get 0.0100% / 8h7h 35m$8.2M$16.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
$14.27
Price spread: +0.078% → +0.009%
$6.95
Slippage, 4 orders
−$23.59
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$27.37
Costs to cover
0.486%
Break-even
20.4 days
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 3 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 Binance live order book, 8 min ago0.51 bp9.0 bp −$913.8 bp −$13845.4 bp −$4,541doesn't fit
Sell Gate live order book, 3 min ago1.52 bp17.1 bp −$1725.4 bp −$25462.9 bp −$6,288104.2 bp −$52.1K

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−0.0763%1h0.9857+0.119%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0333%1h0.9856+0.107%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9869+0.241%$315K$1.8M50xas long as short
KuCoin FILUSDTM−0.0042%8h0.9848+0.027%$7.4M$7.1M50xas long as short
OKX FIL-USDT-SWAP−0.0036%8h0.9845−0.003%$17.9M$97.8M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9855+0.100%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9865+0.204%$58K$2K10xas long as short
Extended FIL-USD+0.0032%1h0.9843−0.019%$696K$3.4M10xas long as short
Binance FILUSDTlong+0.0032%8h0.9845long leg$56.8M$178.3M75x
Injective FIL/USDC PERP+0.0033%1h0.9855+0.098%$2K$240K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0060%8h0.9845−0.003%$247K$104K50xas long as short
Bitget FILUSDT+0.0062%8h0.9843−0.023%$10.8M$21.5M75xas long as short
Lighter FIL+0.0096%1h0.9846+0.002%$158K$346K5xas long as short
Hyperliquid FIL+0.0100%1h0.9850+0.047%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9850+0.048%$493K$553K20xas long as short
Bybit FILUSDT+0.0100%8h0.9847+0.017%$15.3M$18.3M25xas long as short
Gate FIL_USDTshort+0.0100%8h0.9853+0.078%$8.2M$16.1M50x
BingX FIL-USDT+0.0100%8h0.9848+0.027%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9849+0.037%$442K$280Kas long as short
edgeX FILUSDC+0.0100%4h0.9845−0.005%$45K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9847+0.014%$291K$812K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9860+0.149%$30K$195K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9861+0.160%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850+0.048%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9850+0.048%$481$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9857+0.119%$630K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9850+0.048%$1.1M$2.3M50xas long as short
BloFin FIL-USDT+0.0128%8h0.9859+0.139%$2.7M$572K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0538% / S −0.0538%1h0.9855+0.096%$196K100xas long as short