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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.144%
Price spread now: Aster against Coinbase International−0.078%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$540.544% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.219%+$22 on $10k
Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.078%, 7d avg −0.016%
Together, before fees+0.307%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.063% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.016%). If the spread goes back, that is −$6 on $10k: about 13 hours of funding at the current rate (+$12 a day). At the pace of the last 5 days (+0.219% in total) that is about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International FIL-PERP-INTX1.0010−0.0296get 0.0037% / 1h0m 15s$381K$2.1M50x
ShortAster FILUSDT1.00020.0100get 0.0100% / 8h6h 00m$512K$582K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
$83.16
Price spread: −0.078% → −0.016%
−$6.26
Slippage, 4 orders
−$36.36
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$22.55
Costs to cover
0.544%
Break-even
5.1 days
Slippage from Coinbase International: live order book, 4 min ago; Aster: 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 Coinbase International live order book, 4 min ago5.97 bp13.8 bp −$1419.9 bp −$199doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago10.02 bp14.0 bp −$1440.6 bp −$406doesn't fitdoesn't fit

FIL on 28 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
Coinbase International FIL-PERP-INTXlong−0.0296%1h1.0010long leg$381K$2.1M50x
Kraken Futures PF_FILUSD−0.0191%1h1.0003−0.070%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0058%8h0.9995−0.150%$18.9M$98.7M50xas long as short
KuCoin FILUSDTM−0.0039%8h0.9996−0.140%$7.4M$7.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9999−0.114%$26K150xas long as short
dYdX FIL-USD0.0000%1h1.0004−0.060%$58K$2K10xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h1.0004−0.060%$172K$23K25xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.548%$2K$240K12xas long as short
Binance FILUSDT+0.0046%8h0.9994−0.160%$57.8M$177.8M75xas long as short
Extended FIL-USD+0.0048%1h0.9992−0.177%$702K$3.3M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0083%8h0.9989−0.210%$245K$106K50xas long as short
Lighter FIL+0.0096%1h0.9995−0.150%$159K$354K5xas long as short
Hyperliquid FIL+0.0100%1h0.9999−0.110%$8.6M$9.5M5xas long as short
Aster FILUSDTshort+0.0100%8h1.0002−0.078%$512K$582K20x
Bybit FILUSDT+0.0100%8h0.9996−0.140%$15.7M$19.0M25xas long as short
Gate FIL_USDT+0.0100%8h1.0004−0.060%$8.5M$16.6M50xas long as short
Bitget FILUSDT+0.0100%8h0.9991−0.190%$11.0M$20.4M75xas long as short
BingX FIL-USDT+0.0100%8h0.9997−0.130%$11.9Mas long as short
Variational Omni FIL+0.0100%8h0.9994−0.162%$450K$266Kas long as short
edgeX FILUSDC+0.0100%4h1.0014+0.038%$46K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9961−0.493%$291K$875K10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0000−0.100%$30K$184K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0010−0.005%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9990−0.200%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9996−0.140%$480$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9996−0.140%$640K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9990−0.200%$1.1M$2.4M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0574% / S −0.0237%1h0.9997−0.128%$267K100xas long as short