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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Aevo+0.012%7-day average · you sell dearer than you buy
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 airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo COIN-PERP201.930.0104pay 0.0013% / 1h22m 02s$11910x
ShortLighter COIN201.950.0088get 0.0011% / 1h22m 02s$377K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$3.36
Price spread: +0.012% → 0.000%
$1.19
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
−$18.17
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 5 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 Lighter live order book, 5 min ago0.59 bp0.7 bp −$11.9 bp −$19doesn'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%1h201.90−0.013%$45K$49K30xas long as short
Aster COINUSDT0.0000%8h201.97+0.021%$370K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.94+0.008%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h202.00+0.036%$15.6M$76.6M20xas long as short
Bybit COINUSDT0.0000%8h201.95+0.012%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.96+0.017%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h201.97+0.022%$1.3M$7.0M50xas long as short
Variational Omni COIN0.0000%8h202.02+0.047%$840K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h202.04+0.057%$12K$2.0M10xas long as short
Bitget COINUSDT+0.0006%8h202.03+0.051%$6.9M$10.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h202.00+0.037%$1.4M$4.0M10xas long as short
Lighter RH COIN+0.0032%1h201.93+0.002%$434K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h202.06+0.066%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.88−0.023%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.89−0.018%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.93+0.002%$86$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.77−0.077%$358K$3.3M10xas long as short
Lighter COINshort+0.0088%1h201.95+0.012%$377K$2.0M10x
KuCoin COINUSDTM+0.0100%8h202.03+0.051%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.01+0.042%$91K$322K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.93+0.002%$584$4K10xas long as short
Aevo COIN-PERPlong+0.0104%1h201.93long leg$11910x
BloFin COIN-USDT+0.0120%8h201.93+0.002%$200K$342K20xas long as short
tradeXYZ xyz:COIN+0.0166%1h201.89−0.018%$16.6M$13.2M10xas long as short
Phoenix COIN+0.0238%1h202.05+0.061%$5K$279K10xas long as short
edgeX COINUSDC+0.0759%4h201.99+0.031%$52K$293K10xas long as short