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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.204%
Price spread now: edgeX against Aster−0.105%50s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1381.383% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.731%+$73 on $10k
Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.105%, 7d avg 0.000%
Together, before fees+0.828%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$83 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.104% cheaper against Aster than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of 0.000%). If the spread goes back, that is −$10 on $10k: about 24 hours of funding at the current rate (+$10 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COINUSDT202.460get 0.0000% / 8h7h 56m$371K$839K20x
ShortedgeX COINUSDC202.250.0348get 0.0174% / 4h3h 56m$52K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
$73.05
Price spread: −0.105% → 0.000%
−$10.43
Slippage, 4 orders
−$121.28
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$75.66
Costs to cover
1.383%
Break-even
14.2 days
Slippage from Aster: live order book, 16 min ago; edgeX: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 16 min ago47.01 bp56.4 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 16 min ago5.45 bp10.3 bp −$1016.2 bp −$162doesn't fitdoesn't fit

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
Injective COIN/USDC PERP−0.0440%1h202.21−0.125%$45K$48K30xas long as short
Aster COINUSDTlong0.0000%8h202.46long leg$371K$839K20x
Extended COIN_24_5-USD0.0000%1h202.31−0.074%$119K$444K10xas long as short
Binance COINUSDT0.0000%8h202.36−0.051%$15.8M$76.4M20xas long as short
Bybit COINUSDT0.0000%8h202.41−0.026%$5.1M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h202.44−0.011%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h202.36−0.051%$1.3M$6.8M50xas long as short
Bitget COINUSDT0.0000%8h202.40−0.031%$6.9M$9.7M20xas long as short
Variational Omni COIN0.0000%8h202.04−0.208%$840K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h202.07−0.194%$22K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0021%1h202.13−0.165%$1.4M$4.0M10xas long as short
Arcus COIN-USD+0.0040%1h202.34−0.061%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h202.13−0.165%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h202.11−0.174%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h202.28−0.090%$93$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h202.14−0.160%$361K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.33−0.066%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.00−0.229%$91K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h202.31−0.076%$585$4K10xas long as short
Aevo COIN-PERP+0.0104%1h202.29−0.086%$11910xas long as short
BloFin COIN-USDT+0.0120%8h202.48+0.008%$200K$343K20xas long as short
Phoenix COIN+0.0238%1h202.36−0.051%$5K$279K10xas long as short
edgeX COINUSDCshort+0.0348%4h202.25−0.105%$52K$292K10x
Lighter RH COIN+0.0408%1h202.37−0.046%$436K$1.5M10xas long as short
tradeXYZ xyz:COIN+0.0476%1h202.29−0.086%$16.6M$13.1M10xas long as short
Lighter COIN+0.0648%1h202.38−0.042%$378K$1.8M10xas long as short