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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Phemex−0.200%77s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1081.081% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.200%, 7d avg +0.028%
Together, before fees+0.156%+$16 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: ApeX Omni is 0.228% cheaper against Phemex than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex FILUSDT1.00000.0100pay 0.0100% / 8h1h 15m$1.2M$2.6M50x
ShortApeX Omni FILUSDT0.99800.0100get 0.0013% / 1h15m 50s$27K$184K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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: −0.200% → +0.028%
−$22.75
Slippage, 4 orders
−$86.14
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$130.89
Costs to cover
1.081%
Break-even
never at this rate
Slippage from Phemex: live order book, 3 min ago; ApeX Omni: live order book, 25 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 Phemex live order book, 3 min ago10.01 bp31.9 bp −$32111.8 bp −$1,118doesn't fitdoesn't fit
Sell ApeX Omni live order book, 25 min ago15.14 bp23.1 bp −$23116.8 bp −$1,168doesn'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−0.0248%1h1.00000.000%$351K$2.3M50xas long as short
Deribit FIL_USDC-PERPETUAL−0.0150%1h1.0005+0.050%$172K$23K25xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9999−0.005%$26K150xas long as short
dYdX FIL-USD0.0000%1h1.0001+0.011%$58K$1K10xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−1.450%$2K$240K12xas long as short
KuCoin FILUSDTM+0.0065%8h0.9997−0.030%$7.1M$8.0M50xas long as short
OKX FIL-USDT-SWAP+0.0067%8h1.0005+0.050%$18.0M$109.7M50xas long as short
Lighter FIL+0.0096%1h1.0000−0.001%$149K$355K5xas long as short
Hyperliquid FIL+0.0100%1h1.0003+0.030%$8.4M$9.4M5xas long as short
Aster FILUSDT+0.0100%8h1.0007+0.068%$510K$606K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FILUSDT+0.0100%8h1.0007+0.066%$56.4M$187.5M75xas long as short
Bybit FILUSDT+0.0100%8h1.0006+0.060%$15.7M$20.5M25xas long as short
Gate FIL_USDT+0.0100%8h0.9996−0.040%$8.3M$16.7M50xas long as short
MEXC FIL_USDC+0.0100%8h0.9996−0.040%$232K$105K50xas long as short
Bitget FILUSDT+0.0100%8h0.9996−0.040%$11.3M$20.1M75xas long as short
BingX FIL-USDT+0.0100%8h0.9998−0.020%$11.8Mas long as short
Variational Omni FIL+0.0100%8h0.9996−0.042%$450K$278Kas long as short
edgeX FILUSDC+0.0100%4h0.9992−0.085%$45K$296K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9992−0.083%$295K$1.3M10xas long as short
ApeX Omni FILUSDTshort+0.0100%1h0.9980−0.200%$27K$184K50x
Orderly PERP_FIL_USDC_mythos+0.0100%4h1.0012+0.119%$4K$79810xas long as short
SunX FIL-USDT+0.0100%8h1.00000.000%$3K$1.2M20xas long as short
SoDEX FIL-USD+0.0100%1h1.00000.000%$485$11K5xas long as short
HTX FIL-USDT+0.0100%8h1.0005+0.050%$623K$5.6M75xas long as short
Phemex FILUSDTlong+0.0100%8h1.0000long leg$1.2M$2.6M50x
Extended FIL-USD+0.0104%1h0.9995−0.047%$700K$1.4M10xas long as short
BloFin FIL-USDT+0.0220%8h0.9991−0.090%$2.6M$680K75xas long as short
Kraken Futures PF_FILUSD+0.0244%1h1.0004+0.044%$1.4M$2.2M50xas long as short
GMX FIL/USD [WBTC.b-USDC]L +0.0604% / S −0.0280%1h0.9999−0.008%$267K100xas long as short