Funding you earn now, next payment 02:00 UTC−0.0625%/8h= −68.4% APRpaid last 24h −0.218%
Price spread now: Arcus against edgeX+0.011%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 198.00 | 0.0665 | pay 0.0333% / 4h | 2h 00m | $51K | $295K | 10x |
| Short | Arcus COIN-USD | 198.02 | 0.0040 | get 0.0005% / 1h | 0m 55s | $16K | $53K | 5x |
edgeX COINUSDC
Arcus COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against edgeX. 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
- −$131.26
- Price spread: +0.011% → 0.000%
- $1.12
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$143.64
- Costs to cover
- 0.135%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 2 min ago; Arcus: 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 edgeX live order book, 2 min ago | 5.56 bp | 10.6 bp −$11 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0647% | 8h | 197.68 | −0.160% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.75 | −0.125% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0131% | 8h | 197.57 | −0.216% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0078% | 1h | 197.33 | −0.337% | — | $290K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.73 | −0.133% | $365K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.53 | −0.235% | $119K | $697K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.57 | −0.216% | $15.2M | $78.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.57 | −0.216% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.56 | −0.221% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.64 | −0.180% | $818K | $906K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.96 | −0.021% | $20K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.76 | −0.120% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.58 | −0.209% | $367K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.59 | −0.206% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USDshort | +0.0040% | 1h | 198.02 | +0.011% | $16K | $53K | 5x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.54 | −0.231% | $15.8M | $13.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.62 | −0.191% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.64 | −0.181% | $90 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.70 | −0.150% | $354K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.52 | −0.241% | $994K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.84 | −0.080% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.61 | −0.196% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.60 | −0.201% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.86 | −0.070% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDClong | +0.0665% | 4h | 198.00 | long leg | $51K | $295K | 10x |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN