Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.011%
Price spread now: SoDEX against Binance−0.016%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 201.65 | 0 | get 0.0000% / 8h | 1h 05m | $15.6M | $76.7M | 20x |
| Short | SoDEX COIN-USD | 201.62 | 0.0050 | get 0.0006% / 1h | 5m 21s | $88 | $3K | 10x |
Binance COINUSDT
SoDEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.016% → 0.000%
- −$1.63
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$9.13
- Costs to cover
- 0.180%
- Break-even
- 13.1 days
Slippage unknown: Binance: live order book, 7 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 0.25 bp | 8.4 bp −$8 | 16.6 bp −$166 | 57.5 bp −$5,754 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.03 | −0.309% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.64 | −0.008% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.61 | −0.021% | $119K | $446K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 201.65 | long leg | $15.6M | $76.7M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 201.70 | +0.023% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.70 | +0.023% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.64 | −0.006% | $1.3M | $7.0M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.68 | +0.013% | $6.9M | $9.9M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.65 | −0.003% | $798K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.66 | +0.002% | $19K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0016% | 1h | 201.66 | +0.003% | $1.4M | $3.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 201.57 | −0.041% | $372K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.55 | −0.051% | $433K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.69 | +0.018% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.51 | −0.071% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.58 | −0.036% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USDshort | +0.0050% | 1h | 201.62 | −0.016% | $88 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.45 | −0.101% | $361K | $3.3M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0097% | 1h | 201.62 | −0.016% | $16.5M | $13.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.65 | −0.001% | $1.0M | $141K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.57 | −0.041% | $91K | $346K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.62 | −0.016% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.64 | −0.005% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.71 | +0.028% | $155K | $341K | 20x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 201.76 | +0.053% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0521% | 4h | 201.52 | −0.064% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC