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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%
Price spread now: Bitget against ApeX Omni−0.297%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$750.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.376%−$38 · spread now −0.297%, 7d avg −0.047%
Together, before fees−0.413%−$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.250% cheaper against ApeX Omni than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni FILUSDT1.00900.0100pay 0.0013% / 1h11m 20s$30K$182K50x
ShortBitget FILUSDT1.00600.0100get 0.0100% / 8h5h 11m$11.3M$20.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: −0.297% → −0.047%
−$25.02
Slippage, 4 orders
−$53.47
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$100.49
Costs to cover
0.755%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 50 min ago; Bitget: 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 ApeX Omni live order book, 50 min ago14.99 bp25.0 bp −$25127.5 bp −$1,275doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.50 bp8.9 bp −$911.7 bp −$11752.5 bp −$5,249doesn'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−0.0743%1h1.0062−0.278%$173K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0256%1h1.0098+0.079%$377K$2.2M50xas long as short
Kraken Futures PF_FILUSD−0.0127%1h1.0059−0.305%$1.4M$2.3M50xas long as short
OKX FIL-USDT-SWAP−0.0061%8h1.0064−0.258%$19.0M$102.2M50xas long as short
KuCoin FILUSDTM−0.0014%8h1.0056−0.337%$7.5M$7.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0003% / S +0.0006%1h1.0061−0.287%$27K150xas long as short
dYdX FIL-USD0.0000%1h1.0052−0.377%$59K$2K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−2.329%$2K$240K12xas long as short
Extended FIL-USD+0.0072%1h1.0046−0.440%$712K$3.3M10xas long as short
Binance FILUSDT+0.0075%8h1.0056−0.337%$58.6M$179.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FIL_USDC+0.0091%8h1.0049−0.406%$244K$105K50xas long as short
Lighter FIL+0.0096%1h1.0049−0.407%$159K$353K5xas long as short
Hyperliquid FIL+0.0100%1h1.0058−0.317%$8.7M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h1.0056−0.334%$511K$586K20xas long as short
Bybit FILUSDT+0.0100%8h1.0062−0.278%$15.9M$19.6M25xas long as short
Gate FIL_USDT+0.0100%8h1.0060−0.297%$8.6M$16.6M50xas long as short
Bitget FILUSDTshort+0.0100%8h1.0060−0.297%$11.3M$20.2M75x
BingX FIL-USDT+0.0100%8h1.0055−0.347%$11.8Mas long as short
Variational Omni FIL+0.0100%8h1.0088−0.024%$454K$265Kas long as short
edgeX FILUSDC+0.0100%4h1.0083−0.065%$46K$294K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h1.0073−0.164%$299K$905K10xas long as short
ApeX Omni FILUSDTlong+0.0100%1h1.0090long leg$30K$182K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0071−0.188%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h1.0050−0.396%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0052−0.377%$483$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0048−0.416%$633K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h1.0040−0.496%$1.1M$2.5M50xas long as short
BloFin FIL-USDT+0.0195%8h1.0107+0.168%$2.8M$652K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0575% / S −0.0237%1h1.0060−0.301%$269K100xas long as short