Funding arb · Price arb / RWA

COIN

RWAAll COIN markets →

LONGArcus▾edgeX −0.0292%QFEX 0.0000%SunX 0.0000%Arcus +0.0038%Vest Markets +0.0046%Variational Omni +0.0065%Bitget +0.0087%ApeX Omni +0.0100%Orderly +0.0100%Aevo +0.0104%Aster +0.0116%Extended +0.0120%MEXC +0.0121%Binance +0.0122%Avantis +0.0185%BloFin +0.0240%Phoenix +0.0242%Gate +0.0282%TxFlow +0.0427%Injective +0.0440%Lighter RH +0.0456%HTX +0.0479%AZverse +0.0491%Lighter +0.0496%KuCoin +0.0497%GRVT +0.0568%tradeXYZ +0.0703%Kraken Futures +0.0752%OKX +0.0768%Polymarket Perps +0.0812%Ondo Perps +0.1052%SoDEX +0.1100%Bybit +0.1174%Popdex +0.1192%

⇄⇅

SHORTBingX▾Popdex +0.1192%Bybit +0.1174%BingX +0.1165%SoDEX +0.1100%Ondo Perps +0.1052%Polymarket Perps +0.0812%OKX +0.0768%Kraken Futures +0.0752%tradeXYZ +0.0703%GRVT +0.0568%KuCoin +0.0497%Lighter +0.0496%AZverse +0.0491%HTX +0.0479%Lighter RH +0.0456%Injective +0.0440%TxFlow +0.0427%Gate +0.0282%Phoenix +0.0242%BloFin +0.0240%Avantis −0.0149%Binance +0.0122%MEXC +0.0121%Extended +0.0120%Aster +0.0116%Aevo +0.0104%ApeX Omni +0.0100%Orderly +0.0100%Bitget +0.0087%Variational Omni +0.0065%Vest Markets +0.0046%QFEX 0.0000%SunX 0.0000%edgeX −0.0292%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ArcusCOIN-USD	165.00	+0.0038	pay 0.0005% / 1h	18m 31s	$151K	$283K	5x	Long Arcus5% off
SHORT	BingXNCSKCOIN2USD-USDT	165.40	+0.1165	get 0.1165% / 8h	6h 18m	$944K	$6.7M	—	Short BingX

Price gap+0.242%

Funding gap+0.1127% /8h

Both sides work: funding pays +$34 a day on $10k, and the gap is 0.064% above its 7d average: +$6 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.306% in total, about +0.0145%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.242%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

ArcusBingX

COIN on 35 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

• ✓
  OK: Fits both order books2.6 / 6.2 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage$2,000 + —

  Arcus 5x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 8h

  Payments land at different times. Close right after the slower leg pays.

  Long Arcus · 1h−$1.14

  Short BingX · 8h+$34.95

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$33.81Long Arcus: 24 payments, −$1.14; short BingX: 3 payments, +$34.95.
• ✓
  OK: Entry gap works for you+0.242% vs +0.178%

  You short the dearer leg. If the gap goes back to average, the short gains.
• !
  Watch: Long leg is thinner$151K vs $944K OI

  Arcus sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legArcus points

  Volume here counts toward the points program.
• !
  Watch: KYCArcus No · BingX Yes

  Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0145%/8h × 21 periods+$30.55

Price spread+0.242% → +0.178% (7d avg)+$6.41

Slippage, 4 orderslive order books−$3.40

Fee Arcus bp × 2 orders−$4.50

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k+$19.07

Costs to cover0.179%Break-even2.6 days

Slippage: Arcus: live order book, 3 min ago; BingX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGArcus0.302.6 bp−$334.8 bp−$348doesn’t fitdoesn’t fit

SELL · SHORTBingX0.306.2 bp−$610.7 bp−$10741.8 bp−$4,182507.7 bp−$253.8K

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

COIN news

posts that mention COIN or Coinbase Global, from every exchangeSearch all news →

10-23 16:53	Backpack	Other	Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-22 22:57	Injective	Token	The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-25 00:50	Injective	Token	The Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-21 13:35	gTrade (Gains Network)	Listing	new market COIN/USD ($COIN) seen by our collector
09-18 17:30	Vest Markets	Other	$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗