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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.029%
Price spread now: Binance against ApeX Omni−0.217%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$660.658% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.116%−$12 on $10k
Price spread, last 4 days (all we have)−0.491%−$49 · spread now −0.217%, 7d avg −0.022%
Together, before fees−0.607%−$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.195% cheaper against ApeX Omni than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT1.00500.0100pay 0.0013% / 1h7m 36s$30K$182K50x
ShortBinance FILUSDT1.00280.0075get 0.0075% / 8h5h 07m$58.6M$179.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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
−$5.16
Price spread: −0.217% → −0.022%
−$19.55
Slippage, 4 orders
−$45.76
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$90.46
Costs to cover
0.658%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 53 min ago; Binance: live order book, 6 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 ApeX Omni live order book, 53 min ago14.99 bp25.0 bp −$25127.5 bp −$1,275doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago0.50 bp7.5 bp −$714.6 bp −$14648.9 bp −$4,885doesn'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−0.0446%1h1.0048−0.020%$173K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0256%1h1.0070+0.199%$377K$2.2M50xas long as short
Kraken Futures PF_FILUSD−0.0127%1h1.0049−0.015%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0064%8h1.0024−0.259%$18.9M$101.9M50xas long as short
KuCoin FILUSDTM−0.0015%8h1.0030−0.199%$7.5M$7.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0003% / S +0.0006%1h1.0045−0.047%$27K150xas long as short
dYdX FIL-USD0.0000%1h1.0040−0.099%$59K$2K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.940%$2K$240K12xas long as short
Extended FIL-USD+0.0072%1h1.0027−0.225%$708K$3.3M10xas long as short
Binance FILUSDTshort+0.0075%8h1.0028−0.217%$58.6M$179.9M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0090%8h1.0030−0.199%$243K$105K50xas long as short
Lighter FIL+0.0096%1h1.0033−0.173%$158K$354K5xas long as short
Hyperliquid FIL+0.0100%1h1.0031−0.189%$8.6M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h1.0037−0.134%$518K$586K20xas long as short
Bybit FILUSDT+0.0100%8h1.0025−0.249%$15.8M$19.6M25xas long as short
Gate FIL_USDT+0.0100%8h1.0035−0.149%$8.6M$16.6M50xas long as short
Bitget FILUSDT+0.0100%8h1.0020−0.299%$11.1M$20.3M75xas long as short
BingX FIL-USDC+0.0100%8h1.0031−0.189%$6.5Mas long as short
Variational Omni FIL+0.0100%8h1.0047−0.034%$452K$265Kas long as short
edgeX FILUSDC+0.0100%4h1.0044−0.064%$46K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0044−0.062%$291K$914K10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h1.0050long leg$30K$182K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0051+0.010%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h1.0040−0.100%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0039−0.109%$483$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0042−0.080%$629K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h1.0030−0.199%$1.1M$2.5M50xas long as short
BloFin FIL-USDT+0.0196%8h1.0034−0.159%$2.8M$651K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0575% / S −0.0237%1h1.0041−0.085%$268K100xas long as short