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+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against Bitget−0.020%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$440.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$15 on $10k
Price spread, last 3 days (all we have)+0.072%+$7 · spread now −0.020%, 7d avg +0.035%
Together, before fees+0.217%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.055% cheaper against Bitget than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.035%). If the spread goes back, that is −$6 on $10k: about 3.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FILUSDT0.98660.0065pay 0.0065% / 8h7h 30m$10.9M$21.4M75x
ShortBloFin FIL-USDT0.98640.0116get 0.0116% / 8h7h 30m$2.6M$575K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$10.8
Price spread: −0.020% → +0.035%
−$5.5
Slippage, 4 orders
−$20.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$39.16
Costs to cover
0.445%
Break-even
32.4 days
Slippage from Bitget: live order book, 3 min ago; BloFin: 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 Bitget live order book, 3 min ago0.51 bp13.1 bp −$1317.4 bp −$17439.5 bp −$3,949doesn't fit
Sell BloFin live order book, 2 min ago0.51 bp11.7 bp −$1217.2 bp −$17240.1 bp −$4,007doesn'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−0.0661%1h0.9871+0.051%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0332%1h0.9869+0.030%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0328%1h0.9869+0.030%$315K$1.8M50xas long as short
KuCoin FILUSDTM−0.0040%8h0.9867+0.010%$7.4M$7.1M50xas long as short
OKX FIL-USDT-SWAP−0.0040%8h0.9868+0.020%$17.9M$97.8M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9870+0.037%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9875+0.095%$58K$2K10xas long as short
Binance FILUSDT+0.0029%8h0.98660.000%$56.9M$177.9M75xas long as short
Extended FIL-USD+0.0032%1h0.9863−0.033%$691K$3.6M10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.111%$2K$240K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0061%8h0.9862−0.041%$244K$105K50xas long as short
Bitget FILUSDTlong+0.0065%8h0.9866long leg$10.9M$21.4M75x
Lighter FIL+0.0096%1h0.9860−0.062%$159K$346K5xas long as short
Hyperliquid FIL+0.0100%1h0.9869+0.033%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9869+0.031%$503K$553K20xas long as short
Bybit FILUSDT+0.0100%8h0.9869+0.030%$15.4M$18.2M25xas long as short
Gate FIL_USDT+0.0100%8h0.9869+0.030%$8.2M$16.1M50xas long as short
BingX FIL-USDT+0.0100%8h0.98660.000%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9865−0.010%$443K$280Kas long as short
edgeX FILUSDC+0.0100%4h0.9847−0.190%$45K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9856−0.106%$291K$812K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9870+0.041%$30K$195K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9878+0.125%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9870+0.041%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9863−0.030%$485$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9876+0.101%$629K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9860−0.061%$1.1M$2.3M50xas long as short
BloFin FIL-USDTshort+0.0116%8h0.9864−0.020%$2.6M$575K75x
GMX FIL/USD [WBTC.b-USDC]L +0.0539% / S −0.0538%1h0.9869+0.031%$196K100xas long as short