Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Extended against Arcus−0.123%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.123% cheaper against Arcus than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 198.44 | 0.0040 | pay 0.0005% / 1h | 1m 53s | $17K | $37K | 5x |
| Short | Extended COIN_24_5-USD | 198.20 | 0.0040 | get 0.0005% / 1h | 1m 53s | $105K | $846K | 10x |
Arcus COIN-USD
Extended COIN_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$0.06
- Price spread: −0.123% → 0.000%
- −$12.3
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$21.86
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Extended: live order book, 31 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 Extended live order book, 31 min ago | 1.03 bp | 9.1 bp −$9 | 49.8 bp −$498 | 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 | 197.83 | −0.307% | $17K | $224K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0029% | 1h | 198.12 | −0.161% | — | $322K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.36 | −0.042% | $346K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.28 | −0.081% | $4.7M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.22 | −0.111% | $3.1M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.24 | −0.101% | $1.2M | $7.2M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.31 | −0.066% | $6.5M | $10.0M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.63 | +0.097% | $673K | $833K | — | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.19 | −0.126% | $360K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.20 | −0.121% | $470K | $1.4M | 10x | as long as short |
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
Lighter COIN
Lighter RH COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | +0.0037% | 8h | 198.33 | −0.056% | $14K | $3.0M | 10x | as long as short |
| Extended COIN_24_5-USDshort | +0.0040% | 1h | 198.20 | −0.123% | $105K | $846K | 10x | |
| Arcus COIN-USDlong | +0.0040% | 1h | 198.44 | long leg | $17K | $37K | 5x | |
| Binance COINUSDT | +0.0041% | 8h | 198.22 | −0.111% | $14.7M | $79.5M | 20x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 198.22 | −0.111% | $1.3M | $2.7M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.19 | −0.126% | $15.0M | $12.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.18 | −0.131% | $137K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.28 | −0.081% | $379K | $2.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.26 | −0.091% | $935K | $225K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.29 | −0.076% | $89K | $280K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.34 | −0.050% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.19 | −0.126% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 198.70 | +0.131% | $5K | $283K | 10x | as long as short |
| BloFin COIN-USDT | +0.0165% | 8h | 198.41 | −0.015% | $187K | $483K | 20x | as long as short |
| SoDEX COIN-USD | +0.0718% | 1h | 198.16 | −0.141% | $71 | $3K | 10x | as long as short |
| edgeX COINUSDC | +0.0843% | 4h | 198.47 | +0.013% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Binance COINUSDT
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
BloFin COIN-USDT
SoDEX COIN-USD
edgeX COINUSDC