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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0209%/8h= −22.9% APRnext payment $0.26 per $10,000 · paid last 24h −0.022%
Price spread now: Vest against ApeX Omni−0.229%62s7-day average +0.132% · 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 3 days (all we have)−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.317%+$32 · spread now −0.229%, 7d avg +0.132%
Together, before fees+0.263%+ Points / potential airdropVest: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.362% cheaper against ApeX Omni than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.132%). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.054% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni COINUSDT196.380.0100pay 0.0013% / 1h6m 15s$88K$287K50x
ShortVest COIN-USD-PERP195.93−0.0109pay 0.0014% / 1h6m 15s$289K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$43.9
Price spread: −0.229% → +0.132%
−$36.16
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$92.06
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 41 min ago; Vest: 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, 41 min ago2.80 bp7.8 bp −$814.6 bp −$146doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0753%8h196.70+0.163%$6.4M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.49+0.056%$43K$48K30xas long as short
Vest COIN-USD-PERPshort−0.0109%1h195.93−0.229%$289K25x
Gate COIN_USDT−0.0077%8h196.61+0.117%$1.2M$7.4M50xas long as short
Aster COINUSDT0.0000%8h196.43+0.023%$343K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.53+0.077%$112K$854K10xas long as short
Binance COINUSDT0.0000%8h196.59+0.108%$15.1M$82.6M20xas long as short
Bybit COINUSDT0.0000%8h196.58+0.102%$4.7M$6.3M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.53+0.076%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h196.45+0.033%$713K$961Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.51+0.067%$11K$2.6M10xas long as short
Lighter RH COIN+0.0032%1h196.52+0.071%$458K$1.5M10xas long as short
QFEX COIN-USD+0.0038%1h196.57+0.097%$1.3M$3.0M10xas long as short
Arcus COIN-USD+0.0040%1h196.51+0.066%$15K$54K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.47+0.046%$15.3M$13.9M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.46+0.041%$128K$1.4M10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.29−0.046%$451K$2.9M10xas long as short
SoDEX COIN-USD+0.0058%1h196.54+0.081%$95$3K10xas long as short
Phoenix COIN+0.0082%1h196.47+0.046%$4K$283K10xas long as short
KuCoin COINUSDTM+0.0100%8h196.25−0.066%$989K$143K20xas long as short
ApeX Omni COINUSDTlong+0.0100%1h196.38long leg$88K$287K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.56+0.092%$568$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.59+0.105%$11610xas long as short
Lighter COIN+0.0112%1h196.55+0.086%$380K$2.3M10xas long as short
BloFin COIN-USDT+0.0120%8h196.57+0.097%$186K$422K20xas long as short
edgeX COINUSDC+0.0687%4h196.40+0.010%$51K$294K10xas long as short