Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.017%
Price spread now: Arcus against Extended−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended COIN_24_5-USD | 196.47 | 0 | get 0.0000% / 1h | 52m 07s | $117K | $854K | 10x |
| Short | Arcus COIN-USD | 196.44 | 0.0040 | get 0.0005% / 1h | 52m 07s | $15K | $55K | 5x |
Extended COIN_24_5-USD
Arcus COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- $8.46
- Price spread: −0.014% → 0.000%
- −$1.37
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$2.41
- Costs to cover
- 0.095%
- Break-even
- 9.0 days
Slippage unknown: Extended: live order book, 61 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 Extended live order book, 61 min ago | 1.01 bp | 8.9 bp −$9 | 41.3 bp −$413 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0740% | 8h | 196.58 | +0.058% | $6.3M | $10.5M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.35 | −0.060% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0216% | 8h | 196.54 | +0.037% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0112% | 1h | 195.81 | −0.334% | — | $281K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.43 | −0.019% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USDlong | 0.0000% | 1h | 196.47 | long leg | $117K | $854K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 196.50 | +0.017% | $14.7M | $80.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.47 | +0.002% | $4.8M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.34 | −0.065% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.44 | −0.013% | $690K | $943K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.55 | +0.041% | $10K | $2.5M | 10x | as long as short |
| edgeX COINUSDC | +0.0009% | 4h | 196.31 | −0.078% | $51K | $295K | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.48 | +0.009% | $383K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.44 | −0.014% | $453K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 196.41 | −0.029% | $1.3M | $3.1M | 10x | as long as short |
| Arcus COIN-USDshort | +0.0040% | 1h | 196.44 | −0.014% | $15K | $55K | 5x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.34 | −0.065% | $15.3M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.33 | −0.070% | $132K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.46 | −0.004% | $75 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.21 | −0.131% | $351K | $2.7M | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 196.30 | −0.085% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.31 | −0.080% | $989K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.38 | −0.044% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.48 | +0.007% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.48 | +0.007% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.41 | −0.029% | $188K | $394K | 20x | as long as short |
GRVT COIN_USDT_Perp
edgeX COINUSDC
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT