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% APRnext payment +$0.41 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against KuCoin+0.040%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$13 on $10k
Price spread, last 7 days−0.072%−$7 · spread now +0.040%, 7d avg −0.018%
Together, before fees+0.062%+$6 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 BingX is 0.059% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FILUSDTM0.99030.0059pay 0.0059% / 8h1h 41m$7.1M$8.0M50x
ShortBingX FIL-USDT0.99070.0100get 0.0100% / 8h1h 41m$11.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$8.61
Price spread: +0.040% → −0.018%
$5.87
Slippage, 4 orders
−$23.87
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$31.39
Costs to cover
0.459%
Break-even
32.5 days
Slippage from KuCoin: live order book, 6 min ago; BingX: 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 KuCoin live order book, 6 min ago3.53 bp17.4 bp −$1748.2 bp −$482doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago1.01 bp7.5 bp −$711.2 bp −$11223.4 bp −$2,33746.9 bp −$23.5K

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−0.0557%1h0.9906+0.030%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0248%1h0.9919+0.162%$352K$2.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9902−0.009%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9904+0.012%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.485%$2K$240K12xas long as short
OKX FIL-USDT-SWAP+0.0044%8h0.9909+0.061%$18.0M$109.6M50xas long as short
KuCoin FILUSDTMlong+0.0059%8h0.9903long leg$7.1M$8.0M50x
Lighter FIL+0.0096%1h0.9899−0.045%$148K$355K5xas long as short
Hyperliquid FIL+0.0100%1h0.9910+0.067%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9910+0.071%$506K$608K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9909+0.061%$55.9M$188.0M75xas long as short
Bybit FILUSDT+0.0100%8h0.9907+0.040%$15.6M$20.6M25xas long as short
Gate FIL_USDT+0.0100%8h0.9904+0.010%$8.2M$16.6M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9897−0.061%$230K$104K50xas long as short
Bitget FILUSDT+0.0100%8h0.9904+0.010%$11.3M$20.2M75xas long as short
BingX FIL-USDTshort+0.0100%8h0.9907+0.040%$11.8M
Variational Omni FIL+0.0100%8h0.9892−0.113%$440K$273Kas long as short
edgeX FILUSDC+0.0100%4h0.9906+0.030%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9910+0.075%$295K$1.3M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9920+0.172%$29K$183K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9909+0.066%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9890−0.131%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9901−0.020%$487$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9912+0.091%$615K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9900−0.030%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9901−0.023%$697K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9912+0.091%$2.7M$688K75xas long as short
Kraken Futures PF_FILUSD+0.0246%1h0.9905+0.025%$1.3M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0601% / S −0.0280%1h0.9901−0.017%$265K100xas long as short