FIL

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.354%

7d average—if it closes, per $10,000$35funding while held, a day+$2.59

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni FIL	0.9640	−0.0086	get 0.0086% / 8h	7h 15m	$423K	$278K	—
Short	dYdX FIL-USD	0.9674	0	get 0.0000% / 1h	15m 48s	$56K	$2K	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Variational OmnibpFee dYdXbpOrdersClose when spread is

Spread captured: $35.41
Funding while held: $2.59
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: $28
Spread needed to break even: 0.100%

Slippage unknown: Variational Omni: RFQ quote, 29 min ago; dYdX: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0086%
Per $10,000 a day: +$2.59
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 Variational Omni RFQ quote, 29 min ago	3.60 bp	doesn't fit	34.5 bp −$345	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 28 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX FILUSDC	−0.171%	+0.0100%	4h	$44K	$293K	10x	as long as short
ApeX Omni FILUSDT	−0.102%	+0.0100%	1h	$41K	$199K	50x	as long as short
Variational Omni FILlong	0.000%	−0.0086%	8h	$423K	$278K	—
BloFin FIL-USDT	+0.240%	+0.0041%	8h	$2.7M	$592K	75x	as long as short
Coinbase International FIL-PERP-INTX	+0.344%	−0.0720%	1h	$314K	$2.4M	50x	as long as short
dYdX FIL-USDshort	+0.354%	0.0000%	1h	$56K	$2K	10x
OKX FIL-USDT-SWAP	+0.406%	−0.0103%	8h	$18.0M	$109.2M	50x	as long as short
SunX FIL-USDT	+0.417%	+0.0100%	8h	$2K	$1.1M	20x	as long as short
Bitget FILUSDT	+0.427%	+0.0036%	8h	$10.8M	$23.5M	75x	as long as short
Bybit FILUSDT	+0.437%	−0.0224%	8h	$15.6M	$17.1M	25x	as long as short

Show all 28 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BingX FIL-USDC	+0.448%	+0.0032%	8h	—	$6.5M	—	as long as short
Extended FIL-USD	+0.457%	+0.0008%	1h	$674K	$2.4M	10x	as long as short
Hyperliquid FIL	+0.458%	+0.0100%	1h	$8.6M	$9.9M	5x	as long as short
MEXC FIL_USDC	+0.458%	−0.0025%	8h	$242K	$104K	50x	as long as short
SoDEX FIL-USD	+0.458%	+0.0100%	1h	$446	$11K	5x	as long as short
Lighter FIL	+0.461%	0.0000%	1h	$159K	$407K	5x	as long as short
Binance FILUSDT	+0.469%	+0.0010%	8h	$55.5M	$186.6M	75x	as long as short
Gate FIL_USDT	+0.489%	+0.0100%	8h	$7.5M	$17.2M	50x	as long as short
KuCoin FILUSDTM	+0.489%	+0.0026%	8h	$7.2M	$8.0M	50x	as long as short
GMX FIL/USD [WBTC.b-USDC]	+0.503%	L +0.0498% / S −0.1117%	1h	$110K	—	100x	as long as short
Phemex FILUSDT	+0.520%	+0.0100%	8h	$1.0M	$2.3M	50x	as long as short
HTX FIL-USDT	+0.541%	+0.0100%	8h	$644K	$5.6M	75x	as long as short
gTrade (Gains Network) FIL/USD	+0.543%	L −0.0004% / S +0.0006%	1h	$24K	—	150x	as long as short
Aster FILUSDT	+0.544%	+0.0100%	8h	$480K	$680K	20x	as long as short
Deribit FIL_USDC-PERPETUAL	+0.572%	0.0000%	1h	$167K	$22K	25x	as long as short
Kraken Futures PF_FILUSD	+0.603%	+0.0011%	1h	$1.4M	$1.9M	50x	as long as short
Orderly PERP_FIL_USDC_mythos	+0.615%	+0.0100%	4h	$4K	$266	10x	as long as short
Injective FIL/USDC PERP	+4.732%	+0.0033%	1h	$2K	$144K	12x	as long as short

FIL