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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Ondo Perps against Aevo−0.087%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 airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.087% cheaper against Aevo than usual: you would sell low and buy high (−$9 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-PERP195.010.0104pay 0.0013% / 1h32m 30s$11510x
ShortOndo Perps COIN-USD.P194.840.0050get 0.0006% / 1h32m 30s$430K$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$11.26
Price spread: −0.087% → 0.000%
−$8.74
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$40.99
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Ondo Perps: 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 Aevo no order-book sample
Sell Ondo Perps no order-book sample
Aevo and Ondo Perps: 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%1h194.87−0.072%$43K$40K30xas long as short
Bitget COINUSDT−0.0098%8h195.13+0.061%$6.3M$10.3M20xas long as short
Vest COIN-USD-PERP−0.0062%1h194.63−0.195%$324K25xas long as short
Aster COINUSDT0.0000%8h195.07+0.031%$340K$879K20xas long as short
Bybit COINUSDT0.0000%8h194.90−0.057%$4.6M$6.1M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h194.94−0.036%$3.0M$4.6M20xas long as short
Gate COIN_USDT0.0000%8h195.04+0.015%$1.2M$6.8M50xas long as short
Variational Omni COIN0.0000%8h195.35+0.176%$658K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h195.39+0.195%$19K$3.0M10xas long as short
Binance COINUSDT+0.0029%8h195.00−0.006%$14.8M$81.6M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter COIN+0.0032%1h194.90−0.059%$359K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h194.90−0.057%$467K$1.3M10xas long as short
Extended COIN_24_5-USD+0.0032%1h194.96−0.027%$104K$860K10xas long as short
Arcus COIN-USD+0.0040%1h195.20+0.097%$17K$57K5xas long as short
QFEX COIN-USD+0.0047%1h194.97−0.021%$1.3M$2.8M10xas long as short
tradeXYZ xyz:COIN+0.0050%1h194.84−0.087%$15.0M$12.7M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h194.90−0.057%$134K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h195.06+0.025%$76$3K10xas long as short
Ondo Perps COIN-USD.Pshort+0.0050%1h194.84−0.087%$430K$2.5M10x
KuCoin COINUSDTM+0.0100%8h194.95−0.031%$982K$187K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.35+0.174%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h194.98−0.016%$564$4K10xas long as short
Aevo COIN-PERPlong+0.0104%1h195.01long leg$11510x
BloFin COIN-USDT+0.0129%8h195.07+0.031%$187K$473K20xas long as short
Phoenix COIN+0.0164%1h195.00−0.005%$4K$283K10xas long as short
edgeX COINUSDC+0.0711%4h195.34+0.167%$50K$295K10xas long as short