Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%
Price spread now: SoDEX against Gate−0.015%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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COIN_USDT | 194.65 | 0 | get 0.0000% / 8h | 7h 29m | $1.2M | $6.8M | 50x |
| Short | SoDEX COIN-USD | 194.62 | 0.0050 | get 0.0006% / 1h | 29m 54s | $83 | $3K | 10x |
Gate COIN_USDT
SoDEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Gate. 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
- $10.5
- Price spread: −0.015% → 0.000%
- −$1.54
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$14.04
- Costs to cover
- 0.230%
- Break-even
- 16.4 days
Slippage unknown: Gate: live order book, 3 min ago; SoDEX: 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 Gate live order book, 3 min ago | 3.59 bp | 13.3 bp −$13 | 85.7 bp −$857 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 194.87 | +0.113% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0085% | 8h | 194.74 | +0.046% | $6.3M | $10.3M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0064% | 1h | 194.15 | −0.257% | — | $324K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 194.81 | +0.080% | $340K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 194.60 | −0.026% | $4.6M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 194.67 | +0.010% | $3.0M | $4.6M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 194.65 | long leg | $1.2M | $6.8M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 194.80 | +0.079% | $657K | $981K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.39 | +0.380% | $19K | $3.0M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0024% | 1h | 194.60 | −0.026% | $104K | $860K | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Extended COIN_24_5-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COINUSDT | +0.0025% | 8h | 194.66 | +0.004% | $14.8M | $81.6M | 20x | as long as short |
| Lighter COIN | +0.0032% | 1h | 194.59 | −0.032% | $358K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 194.60 | −0.026% | $466K | $1.3M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 194.95 | +0.154% | $17K | $52K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 194.66 | +0.005% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 194.60 | −0.026% | $15.0M | $12.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 194.50 | −0.077% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USDshort | +0.0050% | 1h | 194.62 | −0.015% | $83 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 194.52 | −0.067% | $423K | $2.5M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 194.58 | −0.036% | $979K | $189K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 194.95 | +0.154% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 194.60 | −0.026% | $563 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 194.61 | −0.023% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0106% | 8h | 194.87 | +0.113% | $187K | $473K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 195.00 | +0.180% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0827% | 4h | 195.10 | +0.231% | $50K | $296K | 10x | as long as short |
Binance COINUSDT
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC