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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.030%
Price spread now: Injective against BingX+0.152%7-day average +1.817% · you sell dearer than you buy
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 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−1.027%−$103 · spread now +0.152%, 7d avg +1.817%
Together, before fees−1.043%−$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.665% cheaper against BingX than usual: you would sell low and buy high (−$166 if the spread goes back to its 7-day average of +1.817%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FIL-USDT0.98400.0100pay 0.0100% / 8h5h 56m$11.5M
ShortInjective FIL/USDC PERP0.98550.0033get 0.0004% / 1h56m 53s$2K$240K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BingX. 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: +0.152% → +1.817%
−$166.47
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$190.49
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 9 min ago; 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 BingX live order book, 9 min ago1.01 bp7.9 bp −$810.5 bp −$10519.2 bp −$1,92244.2 bp −$22.1K
Sell Injective no order-book sample
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 exchanges

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−0.0200%1h0.98400.000%$356K$2.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9839−0.014%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9841+0.012%$57K$92310xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h0.9843+0.030%$168K$5K25xas long as short
Injective FIL/USDC PERPshort+0.0033%1h0.9855+0.152%$2K$240K12x
Bybit FILUSDT+0.0081%8h0.98400.000%$15.3M$18.2M25xas long as short
Lighter FIL+0.0096%1h0.9836−0.043%$144K$249K5xas long as short
Hyperliquid FIL+0.0100%1h0.9849+0.086%$7.9M$3.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9842+0.021%$501K$422K20xas long as short
Binance FILUSDT+0.0100%8h0.9842+0.020%$57.0M$159.3M75xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX FIL-USDT-SWAP+0.0100%8h0.9843+0.030%$17.2M$94.0M50xas long as short
Gate FIL_USDT+0.0100%8h0.9839−0.010%$8.2M$14.1M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9834−0.061%$226K$90K50xas long as short
KuCoin FILUSDTM+0.0100%8h0.9833−0.071%$7.1M$7.5M50xas long as short
Bitget FILUSDT+0.0100%8h0.9839−0.010%$11.4M$17.6M75xas long as short
BingX FIL-USDTlong+0.0100%8h0.9840long leg$11.5M
Variational Omni FIL+0.0100%8h0.9839−0.008%$436K$261Kas long as short
edgeX FILUSDC+0.0100%4h0.9841+0.009%$45K$297K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9849+0.096%$286K$1.7M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9850+0.102%$23K$180K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9849+0.088%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9830−0.102%$3K$1.0M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9839−0.010%$475$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9846+0.061%$624K$4.9M75xas long as short
Phemex FILUSDT+0.0100%8h0.98400.000%$1.3M$2.4M50xas long as short
Extended FIL-USD+0.0104%1h0.9835−0.051%$697K$4.2M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9839−0.010%$2.7M$613K75xas long as short
Kraken Futures PF_FILUSD+0.0288%1h0.9845+0.049%$1.3M$2.1M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0594% / S −0.0280%1h0.9835−0.046%$263K100xas long as short