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+0.0120%/8h= +13.1% APRpaid last 24h −0.005%
Price spread now: BloFin against edgeX+0.089%101s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.089%, 7d avg +0.051%
Together, before fees+0.088%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.038% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.051%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX FILUSDC0.99120.0100pay 0.0050% / 4h1h 45m$45K$296K10x
ShortBloFin FIL-USDT0.99210.0220get 0.0220% / 8h1h 45m$2.7M$689K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
$25.2
Price spread: +0.089% → +0.051%
$3.81
Slippage, 4 orders
−$14.11
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$6.1
Costs to cover
0.351%
Break-even
8.7 days
Slippage from edgeX: live order book, 63 min ago; BloFin: live order book, 3 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 edgeX live order book, 63 min ago3.52 bp8.9 bp −$9109.3 bp −$1,093doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago1.01 bp7.0 bp −$711.3 bp −$11330.9 bp −$3,094doesn'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−0.0658%1h0.9904−0.083%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0248%1h0.9895−0.173%$351K$2.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9921+0.093%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9903−0.096%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.577%$2K$240K12xas long as short
OKX FIL-USDT-SWAP+0.0047%8h0.9914+0.018%$18.0M$109.7M50xas long as short
KuCoin FILUSDTM+0.0060%8h0.9906−0.062%$7.1M$8.0M50xas long as short
Lighter FIL+0.0096%1h0.9892−0.203%$147K$355K5xas long as short
Hyperliquid FIL+0.0100%1h0.9916+0.037%$8.3M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9918+0.062%$506K$608K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9917+0.053%$55.9M$188.1M75xas long as short
Bybit FILUSDT+0.0100%8h0.9913+0.008%$15.6M$20.6M25xas long as short
Gate FIL_USDT+0.0100%8h0.9900−0.123%$8.2M$16.6M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9911−0.012%$230K$103K50xas long as short
Bitget FILUSDT+0.0100%8h0.9913+0.008%$11.3M$20.1M75xas long as short
BingX FIL-USDC+0.0100%8h0.9916+0.038%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9892−0.206%$440K$273Kas long as short
edgeX FILUSDClong+0.0100%4h0.9912long leg$45K$296K10x
GRVT FIL_USDT_Perp+0.0100%8h0.9910−0.018%$295K$1.3M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9920+0.079%$29K$183K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9904−0.082%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9900−0.123%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9902−0.103%$485$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9907−0.052%$614K$5.7M75xas long as short
Phemex FILUSDT+0.0100%8h0.9890−0.224%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9898−0.147%$697K$1.4M10xas long as short
BloFin FIL-USDTshort+0.0220%8h0.9921+0.089%$2.7M$689K75x
Kraken Futures PF_FILUSD+0.0247%1h0.9904−0.080%$1.3M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0602% / S −0.0280%1h0.9922+0.095%$265K100xas long as short