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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0055%/8h= +6.0% APRpaid last 24h +0.056%
Price spread now: ApeX Omni against OKX+0.151%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.151%, 7d avg +0.065%
Together, before fees+0.200%+$20 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 ApeX Omni is 0.087% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX FIL-USDT-SWAP0.99050.0045pay 0.0045% / 8h1h 41m$18.0M$109.5M50x
ShortApeX Omni FILUSDT0.99200.0100get 0.0013% / 1h41m 22s$29K$183K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
$11.51
Price spread: +0.151% → +0.065%
$8.69
Slippage, 4 orders
−$44.85
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$44.65
Costs to cover
0.649%
Break-even
34.2 days
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 65 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 OKX live order book, 3 min ago0.50 bp9.2 bp −$915.6 bp −$156doesn't fitdoesn't fit
Sell ApeX Omni live order book, 65 min ago10.08 bp27.2 bp −$27114.4 bp −$1,144doesn'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−0.0355%1h0.9911+0.061%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0248%1h0.9919+0.141%$352K$2.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9912+0.071%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9906+0.012%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.505%$2K$240K12xas long as short
OKX FIL-USDT-SWAPlong+0.0045%8h0.9905long leg$18.0M$109.5M50x
KuCoin FILUSDTM+0.0059%8h0.9913+0.081%$7.1M$8.0M50xas long as short
Lighter FIL+0.0096%1h0.9904−0.013%$148K$355K5xas long as short
Hyperliquid FIL+0.0100%1h0.9913+0.079%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9912+0.068%$506K$608K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9911+0.063%$55.9M$188.0M75xas long as short
Bybit FILUSDT+0.0100%8h0.9906+0.010%$15.6M$20.5M25xas long as short
Gate FIL_USDT+0.0100%8h0.9910+0.050%$8.2M$16.6M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9911+0.061%$230K$104K50xas long as short
Bitget FILUSDT+0.0100%8h0.9903−0.020%$11.3M$20.2M75xas long as short
BingX FIL-USDT+0.0100%8h0.9910+0.050%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9892−0.134%$440K$273Kas long as short
edgeX FILUSDC+0.0100%4h0.9906+0.009%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9914+0.092%$295K$1.3M10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h0.9920+0.151%$29K$183K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9915+0.105%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9910+0.050%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9908+0.030%$484$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9922+0.172%$616K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9910+0.050%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9907+0.022%$697K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9898−0.071%$2.7M$675K75xas long as short
Kraken Futures PF_FILUSD+0.0246%1h0.9913+0.078%$1.3M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0602% / S −0.0280%1h0.9912+0.075%$265K100xas long as short