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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.004%
Price spread now: BingX against Extended+0.066%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 7 days−0.066%−$7 · spread now +0.066%, 7d avg +0.033%
Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.032% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FIL-USD1.00170.0048pay 0.0006% / 1h56m 23s$702K$3.3M10x
ShortBingX FIL-USDC1.00240.0100get 0.0100% / 8h5h 56m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
$10.92
Price spread: +0.066% → +0.033%
$3.25
Slippage, 4 orders
−$28.96
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$29.79
Costs to cover
0.440%
Break-even
26.1 days
Slippage from Extended: live order book, 2 min ago; BingX: live order book, 9 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 Extended live order book, 2 min ago1.95 bp7.8 bp −$889.5 bp −$895doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago1.00 bp14.8 bp −$1530.5 bp −$305225.4 bp −$22.5K621.3 bp −$310.7K

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-INTX−0.0256%1h1.0010−0.074%$379K$2.1M50xas long as short
Kraken Futures PF_FILUSD−0.0127%1h1.0011−0.068%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0059%8h1.0014−0.034%$19.0M$98.8M50xas long as short
KuCoin FILUSDTM−0.0037%8h1.0033+0.156%$7.4M$7.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h1.0026+0.083%$26K150xas long as short
dYdX FIL-USD0.0000%1h1.0021+0.037%$58K$2K10xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h1.0026+0.086%$172K$23K25xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.621%$2K$240K12xas long as short
Binance FILUSDT+0.0048%8h1.0028+0.106%$58.0M$177.1M75xas long as short
Extended FIL-USDlong+0.0048%1h1.0017long leg$702K$3.3M10x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0085%8h1.0031+0.136%$245K$102K50xas long as short
Lighter FIL+0.0096%1h0.9998−0.191%$159K$352K5xas long as short
Hyperliquid FIL+0.0100%1h1.0035+0.176%$8.6M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h1.0039+0.212%$513K$582K20xas long as short
Bybit FILUSDT+0.0100%8h1.0017−0.004%$15.7M$19.0M25xas long as short
Gate FIL_USDT+0.0100%8h1.0025+0.076%$8.5M$16.3M50xas long as short
Bitget FILUSDT+0.0100%8h1.0005−0.124%$11.0M$20.2M75xas long as short
BingX FIL-USDCshort+0.0100%8h1.0024+0.066%$6.5M
Variational Omni FIL+0.0100%8h0.9994−0.236%$450K$266Kas long as short
edgeX FILUSDC+0.0100%4h0.9988−0.293%$46K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0005−0.128%$293K$875K10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0010−0.074%$30K$185K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0034+0.164%$5K10xas long as short
SunX FIL-USDT+0.0100%8h1.0000−0.174%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0004−0.134%$485$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9998−0.194%$643K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9990−0.274%$1.1M$2.4M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0575% / S −0.0237%1h1.0035+0.175%$268K100xas long as short