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+0.0067%/8h= +7.3% APRpaid last 24h −0.041%
Price spread now: BingX against Injective+0.020%7-day average −1.846% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+2.541%+$254 · spread now +0.020%, 7d avg −1.846%
Together, before fees+2.558%+$256 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 1.867% dearer against Injective than usual: you sell high and buy low: +$187 more if the spread goes back to its 7-day average of −1.846%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective FIL/USDC PERP0.98550.0033pay 0.0004% / 1h21m 19s$2K$240K12x
ShortBingX FIL-USDT0.98570.0100get 0.0100% / 8h21m 19s$11.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
$14
Price spread: +0.020% → −1.846%
$186.67
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
$190.65
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell BingX live order book, 7 min ago1.01 bp6.4 bp −$610.0 bp −$10020.5 bp −$2,05445.4 bp −$22.7K
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0257%1h0.9863+0.081%$170K$23K25xas long as short
Coinbase International FIL-PERP-INTX−0.0176%1h0.9885+0.304%$354K$2.2M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9863+0.076%$25K150xas long as short
dYdX FIL-USD0.0000%1h0.9861+0.062%$57K$1K10xas long as short
Variational Omni FIL0.0000%8h0.9842−0.135%$438K$281Kas long as short
Injective FIL/USDC PERPlong+0.0033%1h0.9855long leg$2K$240K12x
KuCoin FILUSDTM+0.0078%8h0.9857+0.020%$7.0M$7.8M50xas long as short
Bybit FILUSDT+0.0091%8h0.9853−0.020%$15.4M$20.4M25xas long as short
Lighter FIL+0.0096%1h0.9853−0.019%$144K$359K5xas long as short
Hyperliquid FIL+0.0100%1h0.9862+0.068%$8.2M$9.4M5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FILUSDT+0.0100%8h0.9862+0.073%$503K$557K20xas long as short
Binance FILUSDT+0.0100%8h0.9856+0.012%$55.6M$184.0M75xas long as short
OKX FIL-USDT-SWAP+0.0100%8h0.9858+0.030%$17.6M$107.2M50xas long as short
Gate FIL_USDT+0.0100%8h0.9858+0.030%$8.2M$16.7M50xas long as short
MEXC FIL_USDC+0.0100%8h0.98550.000%$228K$100K50xas long as short
Bitget FILUSDT+0.0100%8h0.98550.000%$11.0M$19.4M75xas long as short
BingX FIL-USDTshort+0.0100%8h0.9857+0.020%$11.8M
edgeX FILUSDC+0.0100%4h0.9858+0.034%$45K$295K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9844−0.114%$292K$1.4M10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9870+0.152%$27K$183K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9869+0.141%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h0.9850−0.051%$3K$1.1M20xas long as short
SoDEX FIL-USD+0.0100%1h0.9856+0.010%$472$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9868+0.132%$613K$5.5M75xas long as short
Phemex FILUSDT+0.0100%8h0.9850−0.051%$1.2M$2.6M50xas long as short
Extended FIL-USD+0.0104%1h0.9855+0.003%$694K$4.2M10xas long as short
Kraken Futures PF_FILUSD+0.0198%1h0.9860+0.050%$1.4M$2.1M50xas long as short
BloFin FIL-USDT+0.0220%8h0.9863+0.081%$2.6M$668K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0600% / S −0.0280%1h0.9860+0.051%$264K100xas long as short