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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.027%
Price spread now: Extended against Aster−0.055%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.055%, 7d avg −0.027%
Together, before fees+0.075%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.027% cheaper against Aster than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.027%). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COINUSDT196.120get 0.0000% / 8h7h 56m$342K$890K20x
ShortExtended COIN_24_5-USD196.010.0040get 0.0005% / 1h56m 23s$104K$860K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$8.4
Price spread: −0.055% → −0.027%
−$2.75
Slippage, 4 orders
−$118.62
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$125.96
Costs to cover
1.316%
Break-even
112.0 days
Slippage from Aster: live order book, 41 min ago; Extended: live order book, 42 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, 41 min ago44.29 bp48.3 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 42 min ago1.02 bp9.0 bp −$956.2 bp −$562doesn'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%1h195.39−0.370%$43K$40K30xas long as short
Bitget COINUSDT−0.0295%8h196.09−0.013%$6.4M$10.4M20xas long as short
Vest COIN-USD-PERP−0.0051%1h195.57−0.279%$326K25xas long as short
Aster COINUSDTlong0.0000%8h196.12long leg$342K$890K20x
Bybit COINUSDT0.0000%8h195.95−0.085%$4.7M$6.1M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.95−0.085%$3.0M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h196.00−0.059%$1.2M$6.7M50xas long as short
Variational Omni COIN0.0000%8h195.45−0.340%$659K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h195.73−0.194%$11K$2.9M10xas long as short
Lighter RH COIN+0.0032%1h196.01−0.054%$466K$1.3M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended COIN_24_5-USDshort+0.0040%1h196.01−0.055%$104K$860K10x
Arcus COIN-USD+0.0040%1h196.16+0.022%$17K$58K5xas long as short
Binance COINUSDT+0.0044%8h195.97−0.076%$15.0M$81.9M20xas long as short
QFEX COIN-USD+0.0047%1h195.97−0.075%$1.3M$2.9M10xas long as short
Lighter COIN+0.0048%1h195.99−0.065%$364K$2.0M10xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.79−0.166%$15.1M$12.9M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.89−0.115%$135K$1.4M10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.03−0.044%$444K$2.8M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.91−0.105%$986K$157K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.74−0.192%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.98−0.070%$567$4K10xas long as short
Aevo COIN-PERP+0.0104%1h195.89−0.114%$11610xas long as short
BloFin COIN-USDT+0.0156%8h196.24+0.063%$189K$436K20xas long as short
Phoenix COIN+0.0163%1h195.42−0.355%$4K$283K10xas long as short
SoDEX COIN-USD+0.0536%1h196.18+0.032%$76$3K10xas long as short
edgeX COINUSDC+0.0696%4h195.64−0.243%$50K$293K10xas long as short