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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: SunX against Hyperliquid−0.080%52s7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2092.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.144%−$14 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now −0.080%, 7d avg −0.142%
Together, before fees−0.273%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 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: SunX is 0.062% dearer against Hyperliquid than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.142%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid FIL1.00580.0100pay 0.0013% / 1h11m 21s$8.7M$9.5M5x
ShortSunX FIL-USDT1.00500.0100get 0.0100% / 8h5h 11m$3K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Hyperliquid. 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: −0.080% → −0.142%
$6.21
Slippage, 4 orders
−$191.57
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$202.36
Costs to cover
2.086%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; SunX: 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 Hyperliquid live order book, 11 min ago1.49 bp15.7 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 2 min ago19.86 bp123.2 bp −$123416.3 bp −$4,163doesn'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−0.0743%1h1.0062+0.040%$173K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0256%1h1.0098+0.398%$377K$2.2M50xas long as short
Kraken Futures PF_FILUSD−0.0127%1h1.0059+0.012%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0061%8h1.0064+0.060%$19.0M$102.2M50xas long as short
KuCoin FILUSDTM−0.0014%8h1.0056−0.020%$7.5M$7.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0003% / S +0.0006%1h1.0061+0.030%$27K150xas long as short
dYdX FIL-USD0.0000%1h1.0052−0.060%$59K$2K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−2.018%$2K$240K12xas long as short
Extended FIL-USD+0.0072%1h1.0046−0.124%$712K$3.3M10xas long as short
Binance FILUSDT+0.0075%8h1.0056−0.020%$58.6M$179.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0091%8h1.0049−0.089%$244K$105K50xas long as short
Lighter FIL+0.0096%1h1.0049−0.090%$159K$353K5xas long as short
Hyperliquid FILlong+0.0100%1h1.0058long leg$8.7M$9.5M5x
Aster FILUSDT+0.0100%8h1.0056−0.017%$511K$586K20xas long as short
Bybit FILUSDT+0.0100%8h1.0062+0.040%$15.9M$19.6M25xas long as short
Gate FIL_USDT+0.0100%8h1.0060+0.020%$8.6M$16.6M50xas long as short
Bitget FILUSDT+0.0100%8h1.0060+0.020%$11.3M$20.2M75xas long as short
BingX FIL-USDT+0.0100%8h1.0055−0.030%$11.8Mas long as short
Variational Omni FIL+0.0100%8h1.0088+0.294%$454K$265Kas long as short
edgeX FILUSDC+0.0100%4h1.0083+0.253%$46K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0073+0.153%$299K$905K10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0090+0.318%$30K$182K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0071+0.129%$4K$79810xas long as short
SunX FIL-USDTshort+0.0100%8h1.0050−0.080%$3K$1.1M20x
SoDEX FIL-USD+0.0100%1h1.0052−0.060%$483$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0048−0.099%$633K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h1.0040−0.179%$1.1M$2.5M50xas long as short
BloFin FIL-USDT+0.0195%8h1.0107+0.487%$2.8M$652K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0575% / S −0.0237%1h1.0060+0.016%$269K100xas long as short