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

FIL

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h +0.005%
Price spread now: ApeX Omni against BloFin+0.570%583s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.678% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 3 days (all we have)−0.572%−$57 · spread now +0.570%, 7d avg −0.002%
Together, before fees−0.681%−$68 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 0.572% dearer against BloFin than usual: you sell high and buy low, +$57 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 583 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin FIL-USDT0.99930.0093pay 0.0093% / 8h6h 37m$2.7M$610K75x
ShortApeX Omni FILUSDT1.00500.0100get 0.0013% / 1h37m 55s$30K$193K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
$1.37
Price spread: +0.570% → −0.002%
$57.2
Slippage, 4 orders
−$45.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$9.19
Costs to cover
0.678%
Break-even
54.0 days
Slippage from BloFin: live order book, 15 min ago; ApeX Omni: live order book, 28 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 BloFin live order book, 15 min ago0.50 bp6.5 bp −$710.4 bp −$10425.0 bp −$2,498doesn't fit
Sell ApeX Omni live order book, 28 min ago15.04 bp23.8 bp −$24129.0 bp −$1,290doesn'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−0.0455%1h0.9925−0.680%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0296%1h0.9918−0.751%$363K$2.1M50xas long as short
Kraken Futures PF_FILUSD−0.0193%1h0.9919−0.745%$1.4M$2.4M50xas long as short
OKX FIL-USDT-SWAP−0.0062%8h0.9941−0.520%$18.4M$100.4M50xas long as short
KuCoin FILUSDTM−0.0045%8h0.9929−0.640%$7.3M$7.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9926−0.673%$36K150xas long as short
dYdX FIL-USD0.0000%1h0.9937−0.559%$58K$2K10xas long as short
Binance FILUSDT+0.0029%8h0.9939−0.538%$57.5M$183.8M75xas long as short
Extended FIL-USD+0.0032%1h0.9932−0.614%$695K$3.3M10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.381%$2K$240K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate FIL_USDT+0.0041%8h0.9940−0.530%$8.2M$16.2M50xas long as short
MEXC FIL_USDC+0.0070%8h0.9927−0.660%$243K$104K50xas long as short
BloFin FIL-USDTlong+0.0093%8h0.9993long leg$2.7M$610K75x
Lighter FIL+0.0096%1h0.9910−0.831%$159K$352K5xas long as short
Hyperliquid FIL+0.0100%1h0.9925−0.679%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9930−0.630%$507K$605K20xas long as short
Bybit FILUSDT+0.0100%8h0.9943−0.500%$15.8M$19.1M25xas long as short
Bitget FILUSDT+0.0100%8h0.9928−0.650%$10.9M$22.2M75xas long as short
BingX FIL-USDC+0.0100%8h0.9939−0.540%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9940−0.531%$449K$269Kas long as short
edgeX FILUSDC+0.0100%4h1.0032+0.386%$46K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9937−0.562%$292K$863K10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h1.0050+0.570%$30K$193K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9929−0.643%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9910−0.831%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9917−0.761%$487$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9918−0.751%$643K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9910−0.831%$1.1M$2.3M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0571% / S −0.0237%1h0.9924−0.693%$265K100xas long as short