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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h −0.005%
Price spread now: Vest against Binance−0.187%7-day average +0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 2 days (all we have)+0.707%+$71 · spread now −0.187%, 7d avg +0.054%
Together, before fees+0.739%+ Points / potential airdropVest: Active · farm board+$74 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.241% cheaper against Binance than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of +0.054%). If the spread goes back, that is −$24 on $10k: about 56 days of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.032% in total) that is about 25 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COINUSDT197.950get 0.0000% / 8h6h 41m$15.0M$77.6M20x
ShortVest COIN-USD-PERP197.580.0014get 0.0002% / 1h41m 27s$289K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Binance. 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
$2.99
Price spread: −0.187% → +0.054%
−$24.09
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$33.1
Costs to cover
0.120%
Break-even
84.5 days
Slippage unknown: Binance: live order book, 16 min ago; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 16 min ago0.50 bp7.1 bp −$716.2 bp −$16262.6 bp −$6,265doesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERP−0.0440%1h198.66+0.359%$44K$48K30xas long as short
Bitget COINUSDT−0.0018%8h198.10+0.076%$6.5M$10.2M20xas long as short
Aster COINUSDT0.0000%8h198.22+0.138%$363K$840K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.93−0.010%$117K$703K10xas long as short
Binance COINUSDTlong0.0000%8h197.95long leg$15.0M$77.6M20x
Bybit COINUSDT0.0000%8h197.99+0.020%$4.9M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h198.01+0.030%$3.1M$4.5M20xas long as short
Gate COIN_USDT0.0000%8h198.11+0.081%$1.3M$6.9M50xas long as short
Variational Omni COIN0.0000%8h198.21+0.134%$822K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h198.22+0.136%$14K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COIN-USD-PERPshort+0.0014%1h197.58−0.187%$289K25x
QFEX COIN-USD+0.0028%1h197.94−0.005%$1.3M$3.7M10xas long as short
Lighter COIN+0.0032%1h197.94−0.008%$389K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.94−0.005%$428K$1.4M10xas long as short
Arcus COIN-USD+0.0040%1h198.35+0.202%$16K$53K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.93−0.010%$16.1M$13.4M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.86−0.045%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.98+0.015%$98$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.81−0.071%$349K$3.2M10xas long as short
KuCoin COINUSDTM+0.0100%8h198.02+0.035%$984K$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h198.23+0.141%$89K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h198.01+0.030%$573$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.91−0.019%$11710xas long as short
BloFin COIN-USDT+0.0120%8h199.02+0.541%$198K$377K20xas long as short
Phoenix COIN+0.0160%1h198.09+0.071%$5K$251K10xas long as short
edgeX COINUSDC+0.0362%4h198.51+0.284%$51K$293K10xas long as short