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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0555%/8h= +60.8% APRpaid last 24h +0.211%
Price spread now: SunX against Deribit0.000%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2202.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.475%+$47 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg −0.056%
Together, before fees+0.441%+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and SunX is 0.056% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit FIL_USDC-PERPETUAL0.9920−0.0455get 0.0057% / 1h11m 21s$171K$23K25x
ShortSunX FIL-USDT0.99200.0100get 0.0100% / 8h11m 21s$3K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$116.55
Price spread: 0.000% → −0.056%
$5.62
Slippage, 4 orders
−$205.49
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$98.32
Costs to cover
2.205%
Break-even
12.9 days
Slippage from Deribit: live order book, 27 min ago; SunX: 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 Deribit live order book, 27 min ago6.07 bp17.6 bp −$1825.8 bp −$258doesn't fitdoesn't fit
Sell SunX live order book, 2 min ago25.19 bp123.5 bp −$124419.7 bp −$4,197doesn'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-PERPETUALlong−0.0455%1h0.9920long leg$171K$23K25x
Coinbase International FIL-PERP-INTX−0.0176%1h0.9936+0.161%$355K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9907−0.131%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9909−0.116%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.655%$2K$240K12xas long as short
KuCoin FILUSDTM+0.0085%8h0.9907−0.131%$7.1M$7.8M50xas long as short
Bybit FILUSDT+0.0089%8h0.9901−0.192%$15.4M$20.4M25xas long as short
Lighter FIL+0.0096%1h0.9906−0.141%$144K$359K5xas long as short
Hyperliquid FIL+0.0100%1h0.9910−0.100%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9909−0.116%$505K$557K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9904−0.159%$55.9M$183.7M75xas long as short
OKX FIL-USDT-SWAP+0.0100%8h0.9903−0.171%$17.6M$107.6M50xas long as short
Gate FIL_USDT+0.0100%8h0.9905−0.151%$8.2M$16.7M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9906−0.141%$229K$101K50xas long as short
Bitget FILUSDT+0.0100%8h0.9906−0.141%$11.0M$19.4M75xas long as short
BingX FIL-USDC+0.0100%8h0.9905−0.151%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9916−0.041%$442K$281Kas long as short
edgeX FILUSDC+0.0100%4h0.9921+0.013%$45K$297K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9928+0.077%$291K$1.4M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9930+0.101%$27K$183K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9916−0.043%$4K$79810xas long as short
SunX FIL-USDTshort+0.0100%8h0.99200.000%$3K$1.1M20x
SoDEX FIL-USD+0.0100%1h0.9913−0.071%$478$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9923+0.030%$619K$5.5M75xas long as short
Phemex FILUSDT+0.0100%8h0.9910−0.101%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9904−0.157%$697K$4.2M10xas long as short
Kraken Futures PF_FILUSD+0.0197%1h0.9919−0.009%$1.4M$2.1M50xas long as short
BloFin FIL-USDT+0.0220%8h0.9930+0.101%$2.6M$672K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0602% / S −0.0280%1h0.9919−0.013%$265K100xas long as short