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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.012%
Price spread now: QFEX against Aster−0.047%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$930.928% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.047%, 7d avg −0.002%
Together, before fees+0.213%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.045% cheaper against Aster than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.002%). If the spread goes back, that is −$4 on $10k: about 4.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COINUSDT197.950get 0.0000% / 8h5h 29m$345K$868K20x
ShortQFEX COIN-USD197.860.0032get 0.0004% / 1h29m 17s$1.3M$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$6.67
Price spread: −0.047% → −0.002%
−$4.48
Slippage, 4 orders
−$74.76
Fee Aster: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$90.57
Costs to cover
0.928%
Break-even
102.1 days
Slippage from Aster: live order book, 17 min ago; QFEX: live order book, 7 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, 17 min ago34.98 bp39.3 bp −$3939.5 bp −$395doesn't fitdoesn't fit
Sell QFEX live order book, 7 min ago1.77 bp6.9 bp −$79.6 bp −$96doesn't fitdoesn't fit

COIN on 26 exchanges

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%1h197.72−0.118%$17K$224K30xas long as short
Aster COINUSDTlong0.0000%8h197.95long leg$345K$868K20x
Extended COIN_24_5-USD0.0000%1h197.90−0.029%$106K$853K10xas long as short
Binance COINUSDT0.0000%8h197.96+0.002%$14.6M$75.2M20xas long as short
Bybit COINUSDT0.0000%8h197.96+0.003%$4.7M$5.4M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.88−0.037%$3.1M$4.3M20xas long as short
Gate COIN_USDT0.0000%8h197.98+0.014%$1.2M$6.5M50xas long as short
Bitget COINUSDT0.0000%8h197.95−0.002%$6.4M$9.5M20xas long as short
Variational Omni COIN0.0000%8h197.90−0.028%$782K$932Kas long as short
GRVT COIN_USDT_Perp0.0000%8h197.94−0.007%$10K$3.3M10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USDshort+0.0032%1h197.86−0.047%$1.3M$2.5M10x
Lighter COIN+0.0032%1h197.85−0.050%$343K$1.9M10xas long as short
Lighter RH COIN+0.0032%1h197.84−0.057%$480K$1.1M10xas long as short
Arcus COIN-USD+0.0040%1h198.10+0.074%$20K$31K5xas long as short
Vest COIN-USD-PERP+0.0046%1h197.74−0.108%$275K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.80−0.077%$14.7M$11.4M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.75−0.103%$120K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.90−0.027%$105$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.71−0.123%$334K$2.1M10xas long as short
Phoenix COIN+0.0081%1h197.88−0.037%$5K$256K10xas long as short
KuCoin COINUSDTM+0.0100%8h197.93−0.012%$933K$263K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.88−0.037%$89K$272K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.91−0.022%$572$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.88−0.038%$11710xas long as short
BloFin COIN-USDT+0.0120%8h197.96+0.003%$195K$481K20xas long as short
edgeX COINUSDC+0.0468%4h197.89−0.032%$51K$295K10xas long as short