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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0540%/8h= +59.1% APRnext payment +$0.68 per $10,000 · paid last 24h +0.151%
Price spread now: ApeX Omni against Injective−0.035%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.958%+$96 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.035% cheaper against Injective than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$16 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective COIN/USDC PERP202.06−0.0440get 0.0055% / 1h0m 28s$40K$48K30x
ShortApeX Omni COINUSDT201.990.0100get 0.0013% / 1h0m 28s$91K$514K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
$113.4
Price spread: −0.035% → 0.000%
−$3.46
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$99.92
Costs to cover
0.100%
Break-even
0.8 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 22 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell ApeX Omni live order book, 22 min ago2.72 bp8.0 bp −$812.2 bp −$122doesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERPlong−0.0440%1h202.06long leg$40K$48K30x
Aster COINUSDT0.0000%8h201.98−0.040%$370K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.93−0.063%$120K$446K10xas long as short
Binance COINUSDT0.0000%8h201.99−0.035%$15.6M$77.3M20xas long as short
Bybit COINUSDT0.0000%8h202.04−0.010%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h202.00−0.030%$3.3M$4.8M20xas long as short
Gate COIN_USDT0.0000%8h201.95−0.054%$1.3M$6.9M50xas long as short
Variational Omni COIN0.0000%8h201.98−0.042%$760K$983Kas long as short
GRVT COIN_USDT_Perp0.0000%8h202.00−0.029%$18K$2.0M10xas long as short
Bitget COINUSDT+0.0012%8h202.07+0.005%$6.9M$10.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0027%1h201.84−0.109%$1.4M$3.8M10xas long as short
Lighter COIN+0.0032%1h201.90−0.081%$368K$2.1M10xas long as short
Lighter RH COIN+0.0032%1h201.86−0.099%$431K$2.0M10xas long as short
Arcus COIN-USD+0.0040%1h202.17+0.054%$16K$56K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.81−0.124%$513K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h201.98−0.040%$16.4M$13.4M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.89−0.084%$145K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h202.02−0.020%$71$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.71−0.173%$348K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h201.97−0.045%$1.0M$146K20xas long as short
ApeX Omni COINUSDTshort+0.0100%1h201.99−0.035%$91K$514K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h202.01−0.025%$584$5K10xas long as short
Aevo COIN-PERP+0.0104%1h201.93−0.064%$11910xas long as short
BloFin COIN-USDT+0.0120%8h202.10+0.020%$200K$339K20xas long as short
Phoenix COIN+0.0197%1h202.02−0.020%$5K$281K10xas long as short
edgeX COINUSDC+0.0619%4h202.07+0.005%$52K$294K10xas long as short