Spread before costs (cost unknown: a leg has no order-book sample)−4.014%
7d average−1.960%if it closes, per $10,000$401funding while held, a day+$0.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FIL/USDC PERP | 1.0096 | 0.0033 | pay 0.0004% / 1h | 52m 29s | $2K | $257K | 12x |
| Short | Hyperliquid FIL | 0.9691 | 0.0042 | get 0.0005% / 1h | 52m 29s | $8.7M | $9.9M | 5x |
Injective FIL/USDC PERP
Hyperliquid FILPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$401.45
- Funding while held
- $0.26
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$410.21
- Spread needed to break even
- 0.090%
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0009%
- Per $10,000 a day
- +$0.26
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 0.92 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.9658cheapestBloFin0.9661+0.031%gTrade (Gains Network)0.9664+0.061%GMX0.9667+0.091%SoDEX0.9669+0.114%SunX0.9670+0.124%Orderly0.9671+0.133%Deribit0.9672+0.145%Phemex0.9680+0.228%HTX0.9681+0.238%Aster0.9686+0.291%MEXC0.9687+0.300%Kraken Futures0.9689+0.323%
Coinbase International
BloFin
gTrade (Gains Network)
GMX
SoDEX
SunX
Orderly
Deribit
Phemex
HTX
Aster
MEXC
Kraken FuturesHyperliquid0.9691+0.339%
KuCoin0.9691+0.342%Bitget0.9694+0.373%Lighter0.9694+0.374%Extended0.9695+0.380%Gate0.9700+0.435%BingX0.9701+0.445%Binance0.9702+0.456%Bybit0.9705+0.487%OKX0.9709+0.528%dYdX0.9709+0.532%edgeX0.9764+1.098%ApeX Omni0.9770+1.160%Variational Omni0.9806+1.529%
KuCoin
Bitget
Lighter
Extended
Gate
BingX
Binance
Bybit
OKX
dYdX
ApeX Omni
Variational OmniInjective1.0096+4.535%
FIL on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −4.338% | −0.0928% | 1h | $310K | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | −4.309% | −0.0002% | 8h | $2.7M | $660K | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | −4.280% | L −0.0004% / S +0.0006% | 1h | $24K | — | 150x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | −4.252% | L +0.0571% / S −0.1573% | 1h | $117K | — | 100x | as long as short |
| SoDEX FIL-USD | −4.229% | +0.0100% | 1h | $458 | $11K | 5x | as long as short |
| SunX FIL-USDT | −4.219% | +0.0100% | 8h | $2K | $1.1M | 20x | as long as short |
| Orderly PERP_FIL_USDC_mythos | −4.212% | +0.0100% | 4h | $4K | $266 | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −4.200% | −0.0060% | 1h | $166K | $21K | 25x | as long as short |
| Phemex FILUSDT | −4.120% | +0.0100% | 8h | $1.0M | $2.2M | 50x | as long as short |
| HTX FIL-USDT | −4.111% | +0.0100% | 8h | $612K | $6.0M | 75x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster FILUSDT | −4.060% | +0.0100% | 8h | $502K | $717K | 20x | as long as short |
| MEXC FIL_USDC | −4.051% | −0.0144% | 8h | $245K | $102K | 50x | as long as short |
| Kraken Futures PF_FILUSD | −4.029% | +0.0172% | 1h | $1.4M | $1.7M | 50x | as long as short |
| Hyperliquid FILshort | −4.014% | +0.0042% | 1h | $8.7M | $9.9M | 5x | |
| KuCoin FILUSDTM | −4.011% | −0.0005% | 8h | $7.3M | $8.4M | 50x | as long as short |
| Bitget FILUSDT | −3.982% | −0.0012% | 8h | $10.8M | $23.5M | 75x | as long as short |
| Lighter FIL | −3.981% | +0.0088% | 1h | $159K | $432K | 5x | as long as short |
| Extended FIL-USD | −3.975% | −0.0120% | 1h | $674K | $2.4M | 10x | as long as short |
| Gate FIL_USDT | −3.922% | +0.0100% | 8h | $7.7M | $17.1M | 50x | as long as short |
| BingX FIL-USDC | −3.912% | −0.0005% | 8h | — | $6.5M | — | as long as short |
| Binance FILUSDT | −3.903% | −0.0122% | 8h | $55.9M | $191.0M | 75x | as long as short |
| Bybit FILUSDT | −3.873% | −0.0063% | 8h | $15.3M | $16.7M | 25x | as long as short |
| OKX FIL-USDT-SWAP | −3.833% | −0.0137% | 8h | $17.7M | $113.6M | 50x | as long as short |
| dYdX FIL-USD | −3.829% | 0.0000% | 1h | $57K | $4K | 10x | as long as short |
| edgeX FILUSDC | −3.288% | +0.0100% | 4h | $45K | $277K | 10x | as long as short |
| ApeX Omni FILUSDT | −3.229% | +0.0002% | 1h | $43K | $209K | 50x | as long as short |
| Variational Omni FIL | −2.875% | +0.0031% | 8h | $438K | $240K | — | as long as short |
| Injective FIL/USDC PERPlong | 0.000% | +0.0033% | 1h | $2K | $257K | 12x |