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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.018%
Price spread now: edgeX against BingX−0.087%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$400.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 3 days (all we have)+0.219%+$22 · spread now −0.087%, 7d avg −0.005%
Together, before fees+0.265%+ Points / potential airdropedgeX: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.082% cheaper against BingX than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.005%). If the spread goes back, that is −$8 on $10k: about 5.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.046% in total) that is about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FIL-USDC0.98430.0051pay 0.0051% / 8h23m 17s$6.5M
ShortedgeX FILUSDC0.98340.0100get 0.0050% / 4h23m 17s$45K$293K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BingX. 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
$10.29
Price spread: −0.087% → −0.005%
−$8.19
Slippage, 4 orders
−$20.51
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$37.41
Costs to cover
0.395%
Break-even
32.5 days
Slippage from BingX: live order book, 12 min ago; edgeX: live order book, 55 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 BingX live order book, 12 min ago1.01 bp11.4 bp −$1123.7 bp −$237131.9 bp −$13.2K628.7 bp −$314.4K
Sell edgeX live order book, 55 min ago3.53 bp8.6 bp −$9103.1 bp −$1,031doesn'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−0.0662%1h0.9856+0.132%$170K$23K25xas long as short
Kraken Futures PF_FILUSD−0.0395%1h0.9858+0.147%$1.3M$2.4M50xas long as short
Coinbase International FIL-PERP-INTX−0.0352%1h0.9828−0.152%$315K$1.9M50xas long as short
Injective FIL/USDC PERP−0.0245%1h0.9855+0.122%$2K$240K12xas long as short
KuCoin FILUSDTM−0.0025%8h0.9839−0.041%$7.4M$7.1M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9846+0.033%$24K150xas long as short
dYdX FIL-USD0.0000%1h0.9835−0.086%$57K$2K10xas long as short
OKX FIL-USDT-SWAP+0.0010%8h0.9855+0.122%$18.1M$99.0M50xas long as short
Bitget FILUSDT+0.0033%8h0.9845+0.020%$10.8M$21.6M75xas long as short
Bybit FILUSDT+0.0045%8h0.9859+0.163%$15.4M$18.4M25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0045%8h0.9857+0.142%$57.1M$179.3M75xas long as short
Extended FIL-USD+0.0048%1h0.9841−0.022%$689K$2.3M10xas long as short
MEXC FIL_USDC+0.0048%8h0.9829−0.142%$249K$104K50xas long as short
BingX FIL-USDClong+0.0051%8h0.9843long leg$6.5M
Gate FIL_USDT+0.0077%8h0.9840−0.030%$8.1M$16.4M50xas long as short
Lighter FIL+0.0096%1h0.9848+0.053%$158K$348K5xas long as short
Hyperliquid FIL+0.0100%1h0.9838−0.047%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9843−0.001%$494K$546K20xas long as short
Variational Omni FIL+0.0100%8h0.9855+0.126%$439K$277Kas long as short
edgeX FILUSDCshort+0.0100%4h0.9834−0.087%$45K$293K10x
GRVT FIL_USDT_Perp+0.0100%8h0.9856+0.129%$294K$805K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9840−0.030%$30K$198K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9851+0.086%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9850+0.071%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9847+0.041%$483$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9856+0.132%$628K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9850+0.071%$1.1M$2.4M50xas long as short
BloFin FIL-USDT+0.0165%8h0.9842−0.010%$2.7M$570K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0570% / S −0.0666%1h0.9846+0.032%$195K100xas long as short