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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against ApeX Omni−0.005%70s7-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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni COINUSDT197.570.0100pay 0.0013% / 1h56m 00s$89K$286K50x
ShortOrderly PERP_COIN_USDC_mythos197.560.0100get 0.0100% / 8h5h 56m$571$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against ApeX Omni. 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
$0
Price spread: −0.005% → 0.000%
−$0.51
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.51
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 6 min ago; Orderly: 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 ApeX Omni live order book, 6 min ago2.78 bp7.8 bp −$814.1 bp −$141doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 25 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−0.0688%8h197.75+0.091%$6.3M$10.1M20xas long as short
Injective COIN/USDC PERP−0.0440%1h197.40−0.086%$44K$48K30xas long as short
Gate COIN_USDT−0.0122%8h197.570.000%$1.2M$7.0M50xas long as short
Vest COIN-USD-PERP−0.0084%1h197.06−0.258%$284K25xas long as short
Aster COINUSDT0.0000%8h197.69+0.060%$349K$877K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.50−0.034%$119K$697K10xas long as short
Binance COINUSDT0.0000%8h197.51−0.030%$15.1M$78.2M20xas long as short
Bybit COINUSDT0.0000%8h197.53−0.020%$4.9M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.70+0.066%$3.1M$4.6M20xas long as short
Variational Omni COIN0.0000%8h197.59+0.009%$817K$905Kas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.60+0.016%$14K$2.1M10xas long as short
QFEX COIN-USD+0.0016%1h197.63+0.030%$1.3M$3.6M10xas long as short
Lighter COIN+0.0032%1h197.54−0.016%$366K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.53−0.020%$449K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h197.66+0.046%$16K$53K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.49−0.040%$15.8M$13.3M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.52−0.025%$125K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.50−0.035%$93$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.23−0.172%$350K$3.0M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.52−0.025%$994K$143K20xas long as short
ApeX Omni COINUSDTlong+0.0100%1h197.57long leg$89K$286K50x
Orderly PERP_COIN_USDC_mythosshort+0.0100%8h197.56−0.005%$571$4K10x
Aevo COIN-PERP+0.0104%1h197.58+0.006%$11710xas long as short
Phoenix COIN+0.0160%1h197.86+0.147%$5K$250K10xas long as short
edgeX COINUSDC+0.0833%4h197.77+0.102%$51K$296K10xas long as short