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

FIL

all FIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0137%/8h= +15.1% APRnext payment +$0.17 per $10,000 · paid last 24h +0.313%
Price spread now: GMX against SoDEX−0.288%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.288% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.288% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 7.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX FIL-USD0.99450.0100pay 0.0013% / 1h39m 43s$490$11K5x
ShortGMX FIL/USD [WBTC.b-USDC]0.9916L +0.0571% / S −0.0237%get 0.0030% / 1h39m 43s$264K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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
$28.87
Price spread: −0.288% → 0.000%
−$28.76
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$19.89
Costs to cover
0.200%
Break-even
11.8 days
Slippage unknown: SoDEX: no order-book sample; GMX: no order-book sample. 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 SoDEX no order-book sample
Sell GMX no order-book sample
SoDEX and GMX: 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
Coinbase International FIL-PERP-INTX−0.0296%1h0.9906−0.392%$362K$2.1M50xas long as short
Kraken Futures PF_FILUSD−0.0192%1h0.9959+0.139%$1.4M$2.4M50xas long as short
OKX FIL-USDT-SWAP−0.0059%8h0.9947+0.020%$18.4M$100.3M50xas long as short
KuCoin FILUSDTM−0.0047%8h0.9944−0.010%$7.4M$7.3M50xas long as short
gTrade (Gains Network) FIL/USDL −0.0004% / S +0.0006%1h0.9919−0.263%$36K150xas long as short
dYdX FIL-USD0.0000%1h0.9942−0.028%$58K$2K10xas long as short
Deribit FIL_USDC-PERPETUAL0.0000%1h0.9940−0.050%$171K$23K25xas long as short
Extended FIL-USD+0.0024%1h0.9936−0.087%$695K$3.3M10xas long as short
Binance FILUSDT+0.0028%8h0.9948+0.030%$57.7M$183.7M75xas long as short
Injective FIL/USDC PERP+0.0033%1h0.9855−0.905%$2K$240K12xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate FIL_USDT+0.0051%8h0.9940−0.050%$8.3M$16.1M50xas long as short
MEXC FIL_USDC+0.0070%8h0.9939−0.060%$244K$104K50xas long as short
BloFin FIL-USDT+0.0093%8h0.9993+0.483%$2.7M$610K75xas long as short
Lighter FIL+0.0096%1h0.9941−0.039%$157K$345K5xas long as short
Hyperliquid FIL+0.0100%1h0.9942−0.025%$8.5M$9.5M5xas long as short
Aster FILUSDT+0.0100%8h0.9933−0.116%$507K$605K20xas long as short
Bybit FILUSDT+0.0100%8h0.9949+0.040%$15.8M$19.1M25xas long as short
Bitget FILUSDT+0.0100%8h0.99450.000%$11.0M$22.2M75xas long as short
BingX FIL-USDC+0.0100%8h0.9944−0.010%$6.5Mas long as short
Variational Omni FIL+0.0100%8h0.9940−0.051%$449K$269Kas long as short
edgeX FILUSDC+0.0100%4h1.0032+0.871%$46K$293K10xas long as short
GRVT FIL_USDT_Perp+0.0100%8h0.9960+0.146%$297K$849K10xas long as short
ApeX Omni FILUSDT+0.0100%1h1.0050+1.056%$30K$193K50xas long as short
Orderly PERP_FIL_USDC_mythos+0.0100%4h0.9920−0.249%$5K10xas long as short
SunX FIL-USDT+0.0100%8h0.9940−0.050%$3K$1.1M20xas long as short
SoDEX FIL-USDlong+0.0100%1h0.9945long leg$490$11K5x
HTX FIL-USDT+0.0100%8h0.9958+0.131%$645K$5.8M75xas long as short
Phemex FILUSDT+0.0100%8h0.9940−0.050%$1.1M$2.3M50xas long as short
GMX FIL/USD [WBTC.b-USDC]shortL +0.0571% / S −0.0237%1h0.9916−0.288%$264K100x