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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: ApeX Omni against Bitget−0.250%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$660.661% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+0.652%+$65 · spread now −0.250%, 7d avg +0.053%
Together, before fees+0.689%+$69 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: ApeX Omni is 0.303% cheaper against Bitget than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FILUSDT0.99950.0100pay 0.0100% / 8h4h 17m$11.2M$20.3M75x
ShortApeX Omni FILUSDT0.99700.0100get 0.0013% / 1h17m 02s$30K$181K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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: −0.250% → +0.053%
−$30.35
Slippage, 4 orders
−$44.09
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$96.44
Costs to cover
0.661%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 39 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, 2 min ago0.50 bp12.3 bp −$1224.6 bp −$24643.6 bp −$4,359doesn't fit
Sell ApeX Omni live order book, 39 min ago9.96 bp21.0 bp −$21124.3 bp −$1,243doesn'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
Deribit FIL_USDC-PERPETUAL−0.0250%1h0.9987−0.080%$172K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0208%1h0.9979−0.160%$367K$2.1M50xas long as short
OKX FIL-USDT-SWAP−0.0050%8h0.9997+0.020%$18.5M$105.0M50xas long as short
KuCoin FILUSDTM−0.0009%8h0.9986−0.090%$7.3M$7.5M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9986−0.095%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9975−0.203%$58K$2K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.401%$2K$240K12xas long as short
Kraken Futures PF_FILUSD+0.0043%1h0.9991−0.043%$1.4M$2.3M50xas long as short
Lighter FIL+0.0096%1h0.9980−0.151%$155K$362K5xas long as short
Hyperliquid FIL+0.0100%1h0.9988−0.075%$8.5M$9.5M5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FILUSDT+0.0100%8h0.9982−0.125%$514K$606K20xas long as short
Binance FILUSDT+0.0100%8h0.9999+0.040%$57.5M$183.1M75xas long as short
Bybit FILUSDT+0.0100%8h0.99950.000%$15.8M$20.1M25xas long as short
Gate FIL_USDT+0.0100%8h0.9987−0.080%$8.4M$16.7M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9994−0.010%$242K$104K50xas long as short
Bitget FILUSDTlong+0.0100%8h0.9995long leg$11.2M$20.3M75x
BingX FIL-USDT+0.0100%8h0.9987−0.080%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9974−0.214%$449K$264Kas long as short
edgeX FILUSDC+0.0100%4h0.9972−0.231%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9973−0.221%$290K$984K10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h0.9970−0.250%$30K$181K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9991−0.041%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9980−0.150%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9984−0.110%$482$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9983−0.120%$625K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9980−0.150%$1.2M$2.5M50xas long as short
Extended FIL-USD+0.0104%1h0.9996+0.013%$708K$3.3M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9967−0.280%$2.7M$664K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0574% / S −0.0237%1h0.9985−0.102%$266K100xas long as short