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

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0540%/8h= +59.1% APRpaid last 24h +0.151%
Price spread now: Orderly against Injective+0.283%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Orderly is 0.283% dearer against Injective than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective COIN/USDC PERP201.49−0.0440get 0.0055% / 1h27m 02s$44K$49K30x
ShortOrderly PERP_COIN_USDC_mythos202.060.0100get 0.0100% / 8h27m 02s$584$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.283% → 0.000%
$28.29
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Orderly: 3 bp × 2 orders
−$6
Net
$135.67
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Orderly no order-book sample
Injective and Orderly: 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%1h201.49long leg$44K$49K30x
Aster COINUSDT0.0000%8h202.17+0.336%$371K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h202.04+0.271%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h202.09+0.295%$15.6M$76.6M20xas long as short
Bybit COINUSDT0.0000%8h202.15+0.328%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.96+0.233%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h202.04+0.273%$1.3M$7.0M50xas long as short
Variational Omni COIN0.0000%8h201.99+0.247%$840K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h202.05+0.278%$12K$2.0M10xas long as short
Bitget COINUSDT+0.0016%8h202.06+0.283%$6.9M$10.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h201.95+0.228%$1.4M$4.0M10xas long as short
Lighter RH COIN+0.0032%1h202.10+0.303%$434K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h202.19+0.347%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.92+0.213%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h202.08+0.293%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h202.00+0.253%$82$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.91+0.208%$366K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.15+0.328%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h201.96+0.233%$91K$328K50xas long as short
Orderly PERP_COIN_USDC_mythosshort+0.0100%8h202.06+0.283%$584$4K10x
Aevo COIN-PERP+0.0104%1h202.08+0.292%$11910xas long as short
BloFin COIN-USDT+0.0120%8h202.03+0.268%$201K$341K20xas long as short
Lighter COIN+0.0144%1h202.07+0.290%$377K$2.0M10xas long as short
tradeXYZ xyz:COIN+0.0207%1h202.07+0.288%$16.6M$13.2M10xas long as short
Phoenix COIN+0.0238%1h202.10+0.303%$5K$279K10xas long as short
edgeX COINUSDC+0.0527%4h201.92+0.213%$52K$295K10xas long as short