Funding arb · Price arb / RWA

COIN

RWAAll COIN markets →

LONGBingX▾edgeX −0.0292%QFEX 0.0000%SunX 0.0000%Arcus +0.0038%Vest Markets +0.0046%Variational Omni +0.0065%Bitget +0.0087%ApeX Omni +0.0100%Orderly +0.0100%Aevo +0.0104%Aster +0.0116%MEXC +0.0121%Binance +0.0122%Avantis +0.0185%BloFin +0.0240%Phoenix +0.0242%Gate +0.0279%TxFlow +0.0427%Injective +0.0440%Lighter RH +0.0456%HTX +0.0479%AZverse +0.0491%Lighter +0.0496%KuCoin +0.0496%GRVT +0.0568%tradeXYZ +0.0706%Kraken Futures +0.0752%OKX +0.0768%Polymarket Perps +0.0812%Ondo Perps +0.1052%SoDEX +0.1100%BingX +0.1165%Bybit +0.1174%Popdex +0.1192%

⇄⇅

SHORTExtended▾Popdex +0.1192%Bybit +0.1174%SoDEX +0.1100%Ondo Perps +0.1052%Polymarket Perps +0.0812%OKX +0.0768%Kraken Futures +0.0752%tradeXYZ +0.0706%GRVT +0.0568%Lighter +0.0496%KuCoin +0.0496%AZverse +0.0491%HTX +0.0479%Lighter RH +0.0456%Injective +0.0440%TxFlow +0.0427%Gate +0.0279%Phoenix +0.0242%BloFin +0.0240%Avantis −0.0149%Binance +0.0122%MEXC +0.0121%Extended +0.0120%Aster +0.0116%Aevo +0.0104%ApeX Omni +0.0100%Orderly +0.0100%Bitget +0.0087%Variational Omni +0.0065%Vest Markets +0.0046%Arcus +0.0038%QFEX 0.0000%SunX 0.0000%edgeX −0.0292%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKCOIN2USD-USDT	165.39	+0.1165	pay 0.1165% / 8h	6h 18m	$944K	$6.7M	—	Long BingX
SHORT	ExtendedCOIN_24_5-USD	165.18	+0.0120	get 0.0015% / 1h	18m 44s	$172K	$9K	10x	Short Extended10% off

Price gap−0.129%

Funding gap−0.1045% /8h

Funding costs $31 a day on $10k at the current rate. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.416% in total, about −0.0198%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.129%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

BingXExtended

COIN on 35 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

• ✓
  OK: Fits both order books6.0 / 8.2 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage— + $1,000

  BingX —, Extended 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long BingX · 8h−$34.95

  Short Extended · 1h+$3.60

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$31.35Long BingX: 3 payments, −$34.95; short Extended: 24 payments, +$3.60.
• i
  Note: Gap at its usual level−0.129% vs −0.129%

  The price leg adds little either way.
• !
  Watch: Short leg is thinner$172K vs $944K OI

  Extended sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legExtended points

  Volume here counts toward the points program.
• !
  Watch: KYCBingX Yes · Extended No

  Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0198%/8h × 21 periods−$41.57

Price spread−0.129% → −0.129% (7d avg)$0.00

Slippage, 4 orderslive order books−$14.35

Fee BingX bp × 2 orders−$10.00

Fee Extended bp × 2 orders−$5.00

Net · 7 days · $10k−$70.92

Costs to cover0.293%Break-evennever at this rate

Slippage: BingX: live order book, 3 min ago; Extended: live order book, 38 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBingX0.306.0 bp−$68.8 bp−$8820.9 bp−$2,093436.6 bp−$218.3K

SELL · SHORTExtended0.618.2 bp−$861.6 bp−$616doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

COIN news

posts that mention COIN or Coinbase Global, from every exchangeSearch all news →

10-23 16:53	Backpack	Other	Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-22 22:57	Injective	Token	The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-25 00:50	Injective	Token	The Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-21 13:35	gTrade (Gains Network)	Listing	new market COIN/USD ($COIN) seen by our collector
09-18 17:30	Vest Markets	Other	$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗