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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.157%
Price spread now: HTX against Coinbase International+0.090%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$490.488% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.495%+$49 on $10k
Price spread, last 4 days (all we have)+0.243%+$24 · spread now +0.090%, 7d avg +0.066%
Together, before fees+0.737%+$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and HTX is 0.024% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International FIL-PERP-INTX1.0000−0.0248get 0.0031% / 1h16m 42s$351K$2.3M50x
ShortHTX FIL-USDT1.00090.0100get 0.0100% / 8h1h 16m$624K$5.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Coinbase International. 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
$73.08
Price spread: +0.090% → +0.066%
$2.36
Slippage, 4 orders
−$26.77
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
$26.67
Costs to cover
0.488%
Break-even
4.4 days
Slippage from Coinbase International: live order book, 2 min ago; HTX: 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 Coinbase International live order book, 2 min ago7.01 bp12.8 bp −$1316.1 bp −$161doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago1.00 bp10.9 bp −$1126.1 bp −$261doesn'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
Coinbase International FIL-PERP-INTXlong−0.0248%1h1.0000long leg$351K$2.3M50x
Deribit FIL_USDC-PERPETUAL−0.0050%1h1.0007+0.070%$172K$23K25xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9999−0.005%$26K150xas long as short
dYdX FIL-USD0.0000%1h1.0001+0.011%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.450%$2K$240K12xas long as short
KuCoin FILUSDTM+0.0064%8h1.0002+0.020%$7.1M$8.0M50xas long as short
OKX FIL-USDT-SWAP+0.0066%8h0.9994−0.060%$18.1M$109.8M50xas long as short
Lighter FIL+0.0096%1h0.9998−0.025%$149K$355K5xas long as short
Hyperliquid FIL+0.0100%1h1.0004+0.040%$8.4M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h1.0003+0.028%$510K$606K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h1.0001+0.014%$56.2M$187.5M75xas long as short
Bybit FILUSDT+0.0100%8h0.9994−0.060%$15.7M$20.5M25xas long as short
Gate FIL_USDT+0.0100%8h0.9997−0.030%$8.3M$16.7M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9999−0.010%$232K$105K50xas long as short
Bitget FILUSDT+0.0100%8h0.9997−0.030%$11.3M$20.1M75xas long as short
BingX FIL-USDC+0.0100%8h1.00000.000%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9970−0.302%$443K$273Kas long as short
edgeX FILUSDC+0.0100%4h0.9992−0.085%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9992−0.083%$295K$1.3M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9980−0.200%$27K$184K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0011+0.114%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h1.00000.000%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h1.0002+0.020%$485$11K5xas long as short
HTX FIL-USDTshort+0.0100%8h1.0009+0.090%$624K$5.6M75x
Phemex FILUSDT+0.0100%8h0.9990−0.100%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9994−0.056%$700K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9991−0.090%$2.6M$680K75xas long as short
Kraken Futures PF_FILUSD+0.0244%1h1.0007+0.070%$1.4M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0604% / S −0.0280%1h0.9999−0.007%$268K100xas long as short