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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.028%
Price spread now: Polymarket Perps against Aster+0.053%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.161%+$16 on $10k
Price spread, last 4 days (all we have)+0.831%+$83 · spread now +0.053%, 7d avg +0.020%
Together, before fees+0.992%+ Points / potential airdropAster: Stage 5 · farm board+$99 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.032% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COINUSDT202.070get 0.0000% / 8h7h 58m$371K$839K20x
ShortPolymarket Perps COIN-USD202.180.0050get 0.0006% / 1h58m 44s$129K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$10.5
Price spread: +0.053% → +0.020%
$3.24
Slippage, 4 orders
−$115.06
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$117.31
Costs to cover
1.311%
Break-even
85.2 days
Slippage from Aster: live order book, 14 min ago; Polymarket Perps: live order book, 5 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, 14 min ago47.01 bp56.4 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago0.99 bp8.5 bp −$89.6 bp −$9611.2 bp −$1,117doesn'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+0.067%$45K$48K30xas long as short
Aster COINUSDTlong0.0000%8h202.07long leg$371K$839K20x
Extended COIN_24_5-USD0.0000%1h202.21+0.069%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h202.28+0.101%$15.7M$76.8M20xas long as short
Bybit COINUSDT0.0000%8h202.24+0.082%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h202.31+0.117%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h202.19+0.058%$1.3M$6.8M50xas long as short
Bitget COINUSDT0.0000%8h202.29+0.107%$6.9M$9.8M20xas long as short
Variational Omni COIN0.0000%8h202.04−0.015%$840K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h202.07−0.002%$22K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h202.28+0.102%$1.4M$4.0M10xas long as short
Arcus COIN-USD+0.0040%1h202.17+0.048%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h202.14+0.033%$513K25xas long as short
Polymarket Perps COIN-USDshort+0.0050%1h202.18+0.053%$129K$1.2M10x
SoDEX COIN-USD+0.0050%1h202.21+0.067%$91$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.83−0.121%$360K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.02−0.027%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.00−0.036%$91K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h202.13+0.028%$585$4K10xas long as short
Aevo COIN-PERP+0.0104%1h202.04−0.019%$11910xas long as short
BloFin COIN-USDT+0.0120%8h202.36+0.142%$200K$343K20xas long as short
Phoenix COIN+0.0238%1h202.08+0.003%$5K$278K10xas long as short
edgeX COINUSDC+0.0262%4h202.04−0.015%$52K$295K10xas long as short
tradeXYZ xyz:COIN+0.0457%1h202.23+0.077%$16.6M$13.1M10xas long as short
Lighter RH COIN+0.0496%1h201.74−0.165%$434K$1.5M10xas long as short
Lighter COIN+0.0704%1h201.77−0.148%$377K$1.8M10xas long as short