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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h −0.051%
Price spread now: KuCoin against Injective+0.660%7-day average −1.812% · 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 7 days−0.118%−$12 on $10k
Price spread, last 4 days (all we have)+1.893%+$189 · spread now +0.660%, 7d avg −1.812%
Together, before fees+1.775%+$178 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 2.471% dearer against Injective than usual: you sell high and buy low: +$247 more if the spread goes back to its 7-day average of −1.812%. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective FIL/USDC PERP0.98550.0033pay 0.0004% / 1h51m 15s$2K$240K12x
ShortKuCoin FILUSDTM0.99200.0074get 0.0074% / 8h51m 15s$7.1M$8.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$8.54
Price spread: +0.660% → −1.812%
$247.14
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$243.66
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 7 min ago. 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 KuCoin live order book, 7 min ago2.02 bp14.0 bp −$1436.5 bp −$365doesn't fitdoesn't fit
Injective: 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−0.0253%1h0.9928+0.741%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0176%1h0.9940+0.863%$349K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9929+0.755%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9927+0.731%$58K$1K10xas long as short
Injective FIL/USDC PERPlong+0.0033%1h0.9855long leg$2K$240K12x
KuCoin FILUSDTMshort+0.0074%8h0.9920+0.660%$7.1M$8.0M50x
OKX FIL-USDT-SWAP+0.0095%8h0.9917+0.629%$17.8M$108.2M50xas long as short
Lighter FIL+0.0096%1h0.9917+0.633%$145K$358K5xas long as short
Hyperliquid FIL+0.0100%1h0.9930+0.759%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9926+0.718%$506K$581K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9922+0.680%$55.9M$185.3M75xas long as short
Bybit FILUSDT+0.0100%8h0.9918+0.639%$15.5M$20.4M25xas long as short
Gate FIL_USDT+0.0100%8h0.9926+0.720%$8.2M$16.6M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9921+0.670%$230K$99K50xas long as short
Bitget FILUSDT+0.0100%8h0.9925+0.710%$11.2M$19.6M75xas long as short
BingX FIL-USDC+0.0100%8h0.9923+0.690%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9886+0.311%$440K$283Kas long as short
edgeX FILUSDC+0.0100%4h0.9899+0.446%$45K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9909+0.547%$298K$1.4M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9910+0.558%$27K$184K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9937+0.827%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9920+0.660%$2K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9920+0.660%$479$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9936+0.822%$614K$5.5M75xas long as short
Phemex FILUSDT+0.0100%8h0.9920+0.660%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9925+0.705%$699K$2.1M10xas long as short
Kraken Futures PF_FILUSD+0.0197%1h0.9925+0.711%$1.4M$2.1M50xas long as short
BloFin FIL-USDT+0.0220%8h0.9926+0.720%$2.6M$674K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0601% / S −0.0280%1h0.9911+0.571%$265K100xas long as short