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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.7% APRnext payment $0.11 per $10,000 · paid last 24h −0.018%
Price spread now: QFEX against Aevo−0.009%46s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: −$3 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo COIN-PERP198.060.0104pay 0.0013% / 1h8m 40s$11710x
ShortQFEX COIN-USD198.040.0016get 0.0002% / 1h8m 40s$1.3M$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$18.58
Price spread: −0.009% → 0.000%
−$0.88
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$45.46
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago2.53 bp7.5 bp −$88.9 bp −$89doesn'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
Bitget COINUSDT−0.0632%8h198.09+0.016%$6.3M$10.2M20xas long as short
Injective COIN/USDC PERP−0.0440%1h198.08+0.011%$44K$48K30xas long as short
Gate COIN_USDT−0.0194%8h198.05−0.004%$1.2M$7.1M50xas long as short
Vest COIN-USD-PERP−0.0084%1h197.61−0.226%$284K25xas long as short
Aster COINUSDT0.0000%8h197.98−0.041%$350K$876K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.87−0.094%$117K$691K10xas long as short
Binance COINUSDT0.0000%8h197.94−0.058%$15.1M$78.7M20xas long as short
Bybit COINUSDT0.0000%8h198.00−0.029%$4.9M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.94−0.059%$3.1M$4.6M20xas long as short
Variational Omni COIN0.0000%8h198.17+0.055%$686K$1.0Mas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h198.20+0.072%$16K$2.1M10xas long as short
QFEX COIN-USDshort+0.0016%1h198.04−0.009%$1.3M$3.4M10x
Lighter COIN+0.0032%1h197.88−0.090%$358K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.87−0.095%$456K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h198.17+0.057%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.87−0.095%$15.6M$13.5M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h198.03−0.014%$125K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h198.10+0.022%$82$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.79−0.135%$352K$2.9M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.86−0.100%$996K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.94−0.059%$89K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h198.10+0.022%$573$4K10xas long as short
Aevo COIN-PERPlong+0.0104%1h198.06long leg$11710x
BloFin COIN-USDT+0.0120%8h198.10+0.022%$188K$391K20xas long as short
Phoenix COIN+0.0162%1h198.22+0.082%$5K$281K10xas long as short
edgeX COINUSDC+0.0593%4h198.11+0.025%$51K$294K10xas long as short