Funding arb · Price arb / RWA

COIN

RWAAll COIN markets →

LONGHTX▾Injective −0.0440%QFEX −0.0027%SunX 0.0000%Lighter RH +0.0040%Vest Markets +0.0046%Popdex +0.0048%Polymarket Perps +0.0050%Ondo Perps +0.0050%tradeXYZ +0.0058%ApeX Omni +0.0100%Aevo +0.0104%Aster +0.0143%Lighter +0.0144%Avantis +0.0231%AZverse +0.0296%TxFlow +0.0342%Variational Omni +0.0374%SoDEX +0.0381%Bybit +0.0406%Gate +0.0446%GRVT +0.0447%OKX +0.0459%Binance +0.0461%MEXC +0.0463%Extended +0.0464%Kraken Futures +0.0493%KuCoin +0.0494%HTX +0.0572%edgeX +0.0595%BloFin +0.0606%BingX +0.0648%Arcus +0.0670%Bitget +0.0672%Phoenix +0.0746%

⇄⇅

SHORTOrderly▾Phoenix +0.0746%Bitget +0.0672%Arcus +0.0670%BingX +0.0648%BloFin +0.0606%edgeX +0.0595%KuCoin +0.0494%Kraken Futures +0.0493%Extended +0.0464%MEXC +0.0463%Binance +0.0461%OKX +0.0459%GRVT +0.0447%Gate +0.0446%Bybit +0.0406%SoDEX +0.0381%Variational Omni +0.0374%TxFlow +0.0342%AZverse +0.0296%Orderly +0.0221%Avantis −0.0195%Lighter +0.0144%Aster +0.0143%Aevo +0.0104%ApeX Omni +0.0100%tradeXYZ +0.0058%Ondo Perps +0.0050%Polymarket Perps +0.0050%Popdex +0.0048%Vest Markets +0.0046%Lighter RH +0.0040%SunX 0.0000%QFEX −0.0027%Injective −0.0440%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HTXCOINX-USDT	156.68	+0.0572	pay 0.0572% / 8h	1h 52m	$25K	$84K	20x	Long HTX
SHORT	OrderlyPERP_COIN_USDC_mythos	156.37	+0.0221	get 0.0221% / 8h	1h 52m	$3K	$126K	10x	Short Orderly

Price gap−0.198%

Funding gap−0.0351% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.198% under zero (no 7-day history yet). Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.128% in total, about +0.0061%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.198%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

HTXOrderly

COIN on 35 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

• i
  Note: Order book unknown—

  No order-book sample for HTX and Orderly: its slippage is not counted.
• i
  Note: Margin at max leverage$500 + $1,000

  HTX 20x, Orderly 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval8h / 8h

  Both legs pay at the same time.

  Long HTX · 8h−$17.16

  Short Orderly · 8h+$6.62

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$10.54Long HTX: 3 payments, −$17.16; short Orderly: 3 payments, +$6.62.
• i
  Note: No 7-day spread history−0.198%

  The gap cannot be compared with its average yet.
• !
  Watch: Short leg is thinner$3K vs $25K OI

  Orderly sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCHTX Limited · Orderly No

  No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0061%/8h × 21 periods+$12.78

Price spread−0.198% → 0−$19.79

Slippage, 4 ordersno data for HTX and Orderly—

Fee HTX bp × 2 orders−$12.00

Fee Orderly bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$25.00

Costs to cover0.180%Break-even20.7 days

Slippage: HTX: no order-book sample; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGHTX—————

SELL · SHORTOrderly—————

Closing costs about the same again.
HTX and Orderly: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

COIN news

posts that mention COIN or Coinbase Global, from every exchangeSearch all news →

10-23 16:53	Backpack	Other	Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-22 22:57	Injective	Token	The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-25 00:50	Injective	Token	The Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-21 13:35	gTrade (Gains Network)	Listing	new market COIN/USD ($COIN) seen by our collector
09-18 17:30	Vest Markets	Other	$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗