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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.036%
Price spread now: Bybit against edgeX−0.293%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$420.420% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.167%−$17 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.293%, 7d avg +0.005%
Together, before fees−0.008%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.298% cheaper against edgeX than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX FILUSDC0.99790.0100pay 0.0050% / 4h1h 05m$45K$295K10x
ShortBybit FILUSDT0.99500.0100get 0.0100% / 8h1h 05m$15.6M$20.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.293% → +0.005%
−$29.78
Slippage, 4 orders
−$21.97
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$71.76
Costs to cover
0.420%
Break-even
never at this rate
Slippage from edgeX: live order book, 37 min ago; Bybit: 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, 37 min ago3.54 bp8.8 bp −$984.4 bp −$844doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.50 bp12.9 bp −$1335.8 bp −$358doesn'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−0.0653%1h0.9953−0.263%$171K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0248%1h0.9967−0.123%$350K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9958−0.211%$26K150xas long as short
dYdX FIL-USD0.0000%1h0.9953−0.262%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.245%$2K$240K12xas long as short
KuCoin FILUSDTM+0.0070%8h0.9950−0.293%$7.1M$8.0M50xas long as short
OKX FIL-USDT-SWAP+0.0080%8h0.9949−0.303%$18.0M$108.8M50xas long as short
Lighter FIL+0.0096%1h0.9949−0.304%$148K$356K5xas long as short
Hyperliquid FIL+0.0100%1h0.9957−0.228%$8.4M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h0.9947−0.320%$507K$606K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h0.9947−0.319%$56.0M$185.9M75xas long as short
Bybit FILUSDTshort+0.0100%8h0.9950−0.293%$15.6M$20.4M25x
Gate FIL_USDT+0.0100%8h0.9947−0.323%$8.2M$16.8M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9952−0.273%$231K$106K50xas long as short
Bitget FILUSDT+0.0100%8h0.9947−0.323%$11.2M$19.8M75xas long as short
BingX FIL-USDC+0.0100%8h0.9951−0.283%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9953−0.265%$448K$278Kas long as short
edgeX FILUSDClong+0.0100%4h0.9979long leg$45K$295K10x
GRVT FIL_USDT_Perp+0.0100%8h0.9977−0.018%$291K$1.4M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9980+0.008%$27K$184K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9966−0.136%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9950−0.293%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9955−0.243%$483$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9957−0.223%$621K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9950−0.293%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9948−0.313%$700K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9977−0.022%$2.6M$679K75xas long as short
Kraken Futures PF_FILUSD+0.0245%1h0.9962−0.170%$1.4M$2.1M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0603% / S −0.0280%1h0.9976−0.036%$267K100xas long as short