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

FIL

all FIL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0233%/8h= +25.5% APRnext payment +$0.29 per $10,000 · paid last 24h +0.235%
Price spread now: GMX against Injective+0.843%7-day average −1.892% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+1.154%+$115 on $10k
Price spread, last 4 days (all we have)+0.866%+$87 · spread now +0.843%, 7d avg −1.892%
Together, before fees+2.020%+$202 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 2.735% dearer against Injective than usual: you sell high and buy low: +$274 more if the spread goes back to its 7-day average of −1.892%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective FIL/USDC PERP0.98550.0033pay 0.0004% / 1h48m 37s$2K$240K12x
ShortGMX FIL/USD [WBTC.b-USDC]0.9938L +0.0592% / S −0.0267%get 0.0033% / 1h48m 37s$265K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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
$48.99
Price spread: +0.843% → −1.892%
$273.53
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
$310.5
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell GMX no order-book sample
Injective and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0353%1h0.9942+0.883%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0240%1h0.9932+0.781%$356K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9938+0.846%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9955+1.015%$58K$1K10xas long as short
OKX FIL-USDT-SWAP+0.0015%8h0.9956+1.025%$18.0M$107.9M50xas long as short
Injective FIL/USDC PERPlong+0.0033%1h0.9855long leg$2K$240K12x
KuCoin FILUSDTM+0.0034%8h0.9954+1.005%$7.3M$7.9M50xas long as short
Lighter FIL+0.0096%1h0.9954+1.006%$146K$376K5xas long as short
Hyperliquid FIL+0.0100%1h0.9954+1.002%$8.4M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9961+1.077%$508K$613K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9961+1.075%$56.6M$185.8M75xas long as short
Bybit FILUSDT+0.0100%8h0.9958+1.045%$15.8M$20.6M25xas long as short
Gate FIL_USDT+0.0100%8h0.9959+1.055%$8.4M$16.7M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9953+0.994%$235K$103K50xas long as short
Bitget FILUSDT+0.0100%8h0.9953+0.994%$11.2M$20.4M75xas long as short
BingX FIL-USDT+0.0100%8h0.9955+1.015%$11.9Mas long as short
Variational Omni FIL+0.0100%8h0.9926+0.718%$449K$265Kas long as short
edgeX FILUSDC+0.0100%4h0.9904+0.492%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9935+0.812%$291K$1.1M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9920+0.660%$30K$182K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9946+0.922%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9930+0.761%$2K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9935+0.812%$484$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9944+0.903%$618K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9930+0.761%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9959+1.060%$696K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9938+0.842%$2.7M$705K75xas long as short
Kraken Futures PF_FILUSD+0.0250%1h0.9943+0.891%$1.4M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]shortL +0.0592% / S −0.0267%1h0.9938+0.843%$265K100x