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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0336%/8h= +36.8% APRpaid last 24h +0.120%
Price spread now: edgeX against BloFin+0.069%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.373%+$37 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.069%, 7d avg +0.001%
Together, before fees+0.377%+ Points / potential airdropedgeX: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and edgeX is 0.069% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COIN-USDT195.730.0120pay 0.0120% / 8h1h 50m$187K$423K20x
ShortedgeX COINUSDC195.870.0456get 0.0228% / 4h1h 50m$51K$295K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
$70.65
Price spread: +0.069% → +0.001%
$6.88
Slippage, 4 orders
−$17.8
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$38.73
Costs to cover
0.388%
Break-even
3.2 days
Slippage from BloFin: live order book, 35 min ago; edgeX: live order book, 58 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 BloFin live order book, 35 min ago0.51 bp8.4 bp −$812.3 bp −$123doesn't fitdoesn't fit
Sell edgeX live order book, 58 min ago5.60 bp10.5 bp −$1116.7 bp −$167doesn't fitdoesn'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
Bitget COINUSDT−0.0664%8h195.91+0.092%$6.3M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.80+0.036%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0103%1h195.02−0.363%$289K25xas long as short
Gate COIN_USDT−0.0047%8h195.74+0.005%$1.2M$7.3M50xas long as short
Aster COINUSDT0.0000%8h195.55−0.092%$341K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h195.70−0.016%$112K$849K10xas long as short
Binance COINUSDT0.0000%8h195.72−0.005%$15.0M$82.4M20xas long as short
Bybit COINUSDT0.0000%8h195.72−0.005%$4.7M$6.3M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.68−0.026%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h195.70−0.014%$709K$959Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.92+0.096%$13K$2.7M10xas long as short
Lighter RH COIN+0.0032%1h195.730.000%$456K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h195.92+0.097%$15K$54K5xas long as short
QFEX COIN-USD+0.0045%1h195.62−0.056%$1.3M$3.0M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.60−0.066%$129K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h195.71−0.010%$87$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h195.63−0.051%$448K$2.9M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.55−0.092%$985K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.69−0.020%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.71−0.010%$566$4K10xas long as short
Aevo COIN-PERP+0.0104%1h195.71−0.011%$11510xas long as short
BloFin COIN-USDTlong+0.0120%8h195.73long leg$187K$423K20x
tradeXYZ xyz:COIN+0.0163%1h195.60−0.066%$15.2M$13.8M10xas long as short
Phoenix COIN+0.0163%1h195.91+0.092%$4K$283K10xas long as short
Lighter COIN+0.0200%1h195.70−0.015%$360K$2.3M10xas long as short
edgeX COINUSDCshort+0.0456%4h195.87+0.069%$51K$295K10x