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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: Bybit against edgeX+0.070%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$420.417% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.169%−$17 on $10k
Price spread, last 4 days (all we have)−0.635%−$64 · spread now +0.070%, 7d avg +0.006%
Together, before fees−0.804%+ Points / potential airdropedgeX: Active · farm board−$80 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: Bybit is 0.064% dearer against edgeX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX FILUSDC0.98860.0100pay 0.0050% / 4h3h 27m$45K$297K10x
ShortBybit FILUSDT0.98930.0100get 0.0100% / 8h7h 27m$15.3M$20.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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: +0.070% → +0.006%
$6.45
Slippage, 4 orders
−$21.71
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$35.26
Costs to cover
0.417%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; Bybit: live order book, 1 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 edgeX live order book, 5 min ago3.54 bp8.6 bp −$984.5 bp −$845doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.51 bp11.5 bp −$1234.6 bp −$346214.6 bp −$21.5Kdoesn'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−0.0154%1h0.9888+0.019%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0056%1h0.9870−0.163%$351K$2.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9876−0.106%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9901+0.153%$58K$57210xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.314%$2K$240K12xas long as short
KuCoin FILUSDTM+0.0086%8h0.9898+0.121%$7.0M$7.8M50xas long as short
Lighter FIL+0.0096%1h0.9899+0.129%$144K$345K5xas long as short
Kraken Futures PF_FILUSD+0.0098%1h0.9889+0.032%$1.4M$2.1M50xas long as short
Hyperliquid FIL+0.0100%1h0.9895+0.089%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9896+0.102%$504K$552K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9895+0.090%$56.3M$182.8M75xas long as short
Bybit FILUSDTshort+0.0100%8h0.9893+0.070%$15.3M$20.3M25x
OKX FIL-USDT-SWAP+0.0100%8h0.9892+0.060%$17.6M$105.3M50xas long as short
Gate FIL_USDT+0.0100%8h0.9894+0.080%$8.4M$16.3M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9894+0.080%$229K$99K50xas long as short
Bitget FILUSDT+0.0100%8h0.9898+0.121%$11.2M$19.4M75xas long as short
BingX FIL-USDC+0.0100%8h0.9897+0.110%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9887+0.008%$440K$279Kas long as short
edgeX FILUSDClong+0.0100%4h0.9886long leg$45K$297K10x
GRVT FIL_USDT_Perp+0.0100%8h0.9885−0.016%$288K$1.5M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9890+0.040%$23K$182K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9887+0.008%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9870−0.163%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9883−0.031%$479$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9897+0.110%$619K$5.5M75xas long as short
Phemex FILUSDT+0.0100%8h0.9890+0.040%$1.3M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9897+0.113%$697K$4.2M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9879−0.072%$2.7M$647K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0600% / S −0.0280%1h0.9876−0.103%$264K100xas long as short