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

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h −0.024%
Price spread now: QFEX against Extended+0.019%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.176%+$18 · spread now +0.019%, 7d avg +0.025%
Together, before fees+0.169%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended COIN_24_5-USD201.550get 0.0000% / 1h13m 33s$119K$446K10x
ShortQFEX COIN-USD201.590.0016get 0.0002% / 1h13m 33s$1.4M$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Extended. 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
$3.31
Price spread: +0.019% → +0.025%
−$0.61
Slippage, 4 orders
−$17.6
Fee Extended: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$29.9
Costs to cover
0.326%
Break-even
70.2 days
Slippage from Extended: live order book, 4 min ago; QFEX: live order book, 4 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 Extended live order book, 4 min ago0.99 bp8.6 bp −$946.0 bp −$460doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.23 bp7.2 bp −$78.2 bp −$82doesn'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
Injective COIN/USDC PERP−0.0440%1h201.27−0.140%$44K$49K30xas long as short
Aster COINUSDT0.0000%8h201.69+0.069%$370K$839K20xas long as short
Extended COIN_24_5-USDlong0.0000%1h201.55long leg$119K$446K10x
Binance COINUSDT0.0000%8h201.59+0.019%$15.6M$76.8M20xas long as short
Bybit COINUSDT0.0000%8h201.56+0.004%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.58+0.014%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h201.56+0.004%$1.3M$7.0M50xas long as short
Bitget COINUSDT0.0000%8h201.58+0.014%$6.9M$9.9M20xas long as short
Variational Omni COIN0.0000%8h201.66+0.053%$798K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h201.69+0.071%$19K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USDshort+0.0016%1h201.59+0.019%$1.4M$3.9M10x
Lighter COIN+0.0032%1h201.55−0.002%$371K$2.1M10xas long as short
Lighter RH COIN+0.0032%1h201.56+0.004%$433K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h201.71+0.078%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.44−0.056%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.49−0.031%$146K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.55−0.001%$92$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.36−0.096%$361K$3.3M10xas long as short
tradeXYZ xyz:COIN+0.0093%1h201.54−0.006%$16.5M$13.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h201.68+0.063%$1.0M$144K20xas long as short
ApeX Omni COINUSDT+0.0100%1h201.58+0.014%$91K$346K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.62+0.033%$583$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.56+0.003%$11910xas long as short
BloFin COIN-USDT+0.0120%8h201.54−0.006%$199K$341K20xas long as short
Phoenix COIN+0.0198%1h201.71+0.078%$5K$281K10xas long as short
edgeX COINUSDC+0.0394%4h201.73+0.089%$52K$294K10xas long as short