Funding you earn now, next payment 23:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Aster against Arcus−0.034%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.034% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 201.91 | 0.0040 | pay 0.0005% / 1h | 33m 05s | $16K | $55K | 5x |
| Short | Aster COINUSDT | 201.84 | 0 | get 0.0000% / 8h | 1h 33m | $370K | $839K | 20x |
Arcus COIN-USD
Aster COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.46
- Price spread: −0.034% → 0.000%
- −$3.44
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$24.4
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Aster: live order book, 50 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Arcus no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 50 min ago | 52.14 bp | 63.5 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.27 | −0.317% | $44K | $49K | 30x | as long as short |
| Aster COINUSDTshort | 0.0000% | 8h | 201.84 | −0.034% | $370K | $839K | 20x | |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.72 | −0.092% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.76 | −0.072% | $15.6M | $76.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.75 | −0.079% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.82 | −0.045% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.73 | −0.089% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.87 | −0.021% | $759K | $983K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.92 | +0.007% | $16K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0005% | 8h | 201.78 | −0.064% | $6.9M | $9.9M | 20x | as long as short |
Injective COIN/USDC PERP
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0016% | 1h | 201.76 | −0.074% | $1.4M | $3.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 201.73 | −0.090% | $368K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.69 | −0.109% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USDlong | +0.0040% | 1h | 201.91 | long leg | $16K | $55K | 5x | |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.71 | −0.099% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.68 | −0.114% | $147K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.73 | −0.089% | $84 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.73 | −0.089% | $351K | $3.3M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0070% | 1h | 201.68 | −0.114% | $16.3M | $13.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.78 | −0.064% | $1.0M | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.91 | 0.000% | $91K | $346K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.73 | −0.089% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.71 | −0.101% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.80 | −0.054% | $199K | $335K | 20x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 201.90 | −0.005% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0633% | 4h | 201.85 | −0.032% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC