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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0039%/8hnext payment +$0.39 per $10,000 · paid last 24h +0.022%
Price spread now: SunX against KuCoin−0.031%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2302.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 3 days (all we have)+0.098%+$10 · spread now −0.031%, 7d avg −0.003%
Together, before fees+0.271%+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of −0.003%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.173% in total) that is about 27 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FILUSDTM0.96630.0061pay 0.0061% / 8h4h 23m$7.1M$7.4M50x
ShortSunX FIL-USDT0.96600.0100get 0.0100% / 8h4h 23m$3K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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
$8.19
Price spread: −0.031% → −0.003%
−$2.78
Slippage, 4 orders
−$210.28
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$224.87
Costs to cover
2.303%
Break-even
199.2 days
Slippage from KuCoin: live order book, 8 min ago; SunX: live order book, 4 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 KuCoin live order book, 8 min ago4.16 bp17.0 bp −$1748.7 bp −$487doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago20.77 bp129.9 bp −$130420.3 bp −$4,203doesn'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
Coinbase International FIL-PERP-INTX−0.0400%1h0.9667+0.041%$324K$2.0M50xas long as short
Bybit FILUSDT−0.0154%8h0.9653−0.103%$15.6M$16.8M25xas long as short
Variational Omni FIL−0.0096%8h0.9627−0.368%$422K$271Kas long as short
Injective FIL/USDC PERP−0.0066%1h0.9611−0.538%$2K$118K12xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9667+0.044%$24K150xas long as short
Lighter FIL0.0000%1h0.9655−0.081%$161K$351K5xas long as short
dYdX FIL-USD0.0000%1h0.9665+0.017%$56K$2K10xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h0.9664+0.010%$166K$22K25xas long as short
OKX FIL-USDT-SWAP+0.0006%8h0.9656−0.072%$17.7M$98.6M50xas long as short
Bitget FILUSDT+0.0038%8h0.9655−0.083%$10.8M$22.9M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FILUSDTMlong+0.0061%8h0.9663long leg$7.1M$7.4M50x
Hyperliquid FIL+0.0100%1h0.9661−0.023%$8.5M$9.3M5xas long as short
Aster FILUSDT+0.0100%8h0.9669+0.060%$478K$549K20xas long as short
Binance FILUSDT+0.0100%8h0.9658−0.052%$55.0M$178.2M75xas long as short
Gate FIL_USDT+0.0100%8h0.9664+0.010%$7.7M$16.9M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9651−0.124%$246K$105K50xas long as short
BingX FIL-USDT+0.0100%8h0.9658−0.052%$11.7Mas long as short
edgeX FILUSDC+0.0100%4h0.9632−0.325%$44K$292K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9632−0.321%$280K$712K10xas long as short
ApeX Omni FILUSDT+0.0100%1h0.9630−0.342%$43K$196K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9674+0.114%$4K10xas long as short
SunX FIL-USDTshort+0.0100%8h0.9660−0.031%$3K$1.1M20x
SoDEX FIL-USD+0.0100%1h0.9654−0.093%$458$11K5xas long as short
HTX FIL-USDT+0.0100%8h0.9669+0.062%$603K$5.6M75xas long as short
Phemex FILUSDT+0.0100%8h0.9660−0.031%$1.0M$2.2M50xas long as short
Extended FIL-USD+0.0104%1h0.9664+0.011%$671K$2.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9646−0.176%$2.6M$570K75xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0530% / S −0.0922%1h0.9666+0.032%$120K100xas long as short
Kraken Futures PF_FILUSD+0.0602%1h0.9664+0.011%$1.5M$2.2M50xas long as short