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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h +0.005%
Price spread now: Extended against Aevo−0.029%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.029% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo COIN-PERP202.010.0104pay 0.0013% / 1h20m 42s$11910x
ShortExtended COIN_24_5-USD201.950get 0.0000% / 1h20m 42s$119K$446K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aevo. 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
−$21.84
Price spread: −0.029% → 0.000%
−$2.89
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$45.73
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 62 min ago. 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 Aevo no order-book sample
Sell Extended live order book, 62 min ago0.99 bp8.6 bp −$956.7 bp −$567doesn't fitdoesn't fit
Aevo: 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.

COIN on 26 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
Injective COIN/USDC PERP−0.0440%1h201.27−0.366%$44K$49K30xas long as short
Aster COINUSDT0.0000%8h201.91−0.048%$370K$839K20xas long as short
Extended COIN_24_5-USDshort0.0000%1h201.95−0.029%$119K$446K10x
Binance COINUSDT0.0000%8h201.97−0.019%$15.6M$76.8M20xas long as short
Bybit COINUSDT0.0000%8h202.05+0.020%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.96−0.024%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h201.93−0.039%$1.3M$7.0M50xas long as short
Bitget COINUSDT0.0000%8h202.010.000%$6.9M$9.9M20xas long as short
Variational Omni COIN0.0000%8h201.43−0.287%$798K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h201.79−0.109%$16K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0016%1h201.96−0.024%$1.4M$3.9M10xas long as short
Lighter COIN+0.0032%1h201.84−0.084%$372K$2.1M10xas long as short
Lighter RH COIN+0.0032%1h201.81−0.099%$433K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h201.94−0.034%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.76−0.123%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.85−0.079%$146K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.99−0.009%$84$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.78−0.113%$362K$3.3M10xas long as short
tradeXYZ xyz:COIN+0.0060%1h201.89−0.059%$16.5M$13.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h201.85−0.079%$1.0M$145K20xas long as short
ApeX Omni COINUSDT+0.0100%1h201.77−0.118%$91K$346K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.91−0.049%$584$4K10xas long as short
Aevo COIN-PERPlong+0.0104%1h202.01long leg$11910x
BloFin COIN-USDT+0.0120%8h202.00−0.004%$200K$342K20xas long as short
Phoenix COIN+0.0198%1h201.76−0.123%$5K$281K10xas long as short
edgeX COINUSDC+0.0574%4h201.64−0.183%$52K$293K10xas long as short