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

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.009%
Price spread now: SoDEX against Arcus−0.046%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.046% cheaper against Arcus than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 16 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus COIN-USD196.100.0040pay 0.0005% / 1h51m 03s$17K$58K5x
ShortSoDEX COIN-USD196.010.0050get 0.0006% / 1h51m 03s$97$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Arcus. 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
$2.04
Price spread: −0.046% → 0.000%
−$4.59
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$15.05
Costs to cover
0.125%
Break-even
58.6 days
Slippage unknown: Arcus: no order-book sample; SoDEX: 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 Arcus no order-book sample
Sell SoDEX no order-book sample
Arcus and SoDEX: 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−0.0494%8h196.20+0.051%$6.4M$10.6M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.78−0.163%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0068%1h195.60−0.255%$326K25xas long as short
Aster COINUSDT0.0000%8h195.89−0.108%$342K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h195.94−0.082%$106K$861K10xas long as short
Binance COINUSDT0.0000%8h195.99−0.056%$15.0M$82.2M20xas long as short
Bybit COINUSDT0.0000%8h196.01−0.046%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.06−0.020%$3.0M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h196.09−0.005%$1.2M$7.3M50xas long as short
Variational Omni COIN0.0000%8h195.83−0.138%$713K$975Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.76−0.174%$11K$2.8M10xas long as short
Lighter RH COIN+0.0032%1h195.96−0.071%$462K$1.5M10xas long as short
Lighter COIN+0.0040%1h195.99−0.056%$363K$2.3M10xas long as short
Arcus COIN-USDlong+0.0040%1h196.10long leg$17K$58K5x
tradeXYZ xyz:COIN+0.0050%1h195.88−0.112%$15.2M$13.1M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.98−0.061%$130K$1.4M10xas long as short
SoDEX COIN-USDshort+0.0050%1h196.01−0.046%$97$3K10x
Ondo Perps COIN-USD.P+0.0050%1h195.58−0.265%$448K$2.8M10xas long as short
QFEX COIN-USD+0.0065%1h196.04−0.031%$1.3M$2.9M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.83−0.138%$987K$136K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.73−0.189%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.02−0.041%$567$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.05−0.024%$11610xas long as short
BloFin COIN-USDT+0.0120%8h196.06−0.020%$188K$436K20xas long as short
Phoenix COIN+0.0163%1h195.75−0.178%$4K$283K10xas long as short
edgeX COINUSDC+0.0730%4h195.84−0.132%$50K$295K10xas long as short