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+0.0776%/8h= +85.0% APRpaid last 24h +0.200%
Price spread now: BloFin against Deribit+0.071%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.578%+$58 on $10k
Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.071%, 7d avg −0.046%
Together, before fees+0.399%+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BloFin is 0.116% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit FIL_USDC-PERPETUAL0.9914−0.0556get 0.0069% / 1h47m 15s$171K$23K25x
ShortBloFin FIL-USDT0.99210.0220get 0.0220% / 8h1h 47m$2.7M$689K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Deribit. 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
$162.96
Price spread: +0.071% → −0.046%
$11.61
Slippage, 4 orders
−$27.59
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$127.98
Costs to cover
0.466%
Break-even
1.5 days
Slippage from Deribit: live order book, 61 min ago; BloFin: 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 Deribit live order book, 61 min ago11.06 bp14.6 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.01 bp10.5 bp −$1017.2 bp −$17237.7 bp −$3,770doesn'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-PERPETUALlong−0.0556%1h0.9914long leg$171K$23K25x
Coinbase International FIL-PERP-INTX−0.0248%1h0.9932+0.182%$354K$2.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9917+0.034%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9918+0.041%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.595%$2K$240K12xas long as short
OKX FIL-USDT-SWAP+0.0048%8h0.9907−0.071%$18.0M$109.5M50xas long as short
KuCoin FILUSDTM+0.0062%8h0.9907−0.071%$7.1M$8.0M50xas long as short
Lighter FIL+0.0096%1h0.9906−0.077%$147K$355K5xas long as short
Hyperliquid FIL+0.0100%1h0.9916+0.018%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9912−0.016%$506K$607K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9907−0.071%$55.9M$188.0M75xas long as short
Bybit FILUSDT+0.0100%8h0.9907−0.071%$15.6M$20.6M25xas long as short
Gate FIL_USDT+0.0100%8h0.9915+0.010%$8.2M$16.6M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9906−0.081%$230K$103K50xas long as short
Bitget FILUSDT+0.0100%8h0.9908−0.061%$11.3M$20.1M75xas long as short
BingX FIL-USDT+0.0100%8h0.9919+0.050%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9919+0.049%$442K$272Kas long as short
edgeX FILUSDC+0.0100%4h0.9927+0.133%$45K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9920+0.059%$291K$1.3M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9920+0.061%$29K$183K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9920+0.065%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9910−0.040%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9904−0.101%$485$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9923+0.091%$615K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9910−0.040%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9909−0.047%$697K$1.4M10xas long as short
BloFin FIL-USDTshort+0.0220%8h0.9921+0.071%$2.7M$689K75x
Kraken Futures PF_FILUSD+0.0246%1h0.9911−0.029%$1.3M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0602% / S −0.0280%1h0.9915+0.007%$265K100xas long as short