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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter RH+0.005%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 fees+ Points / potential airdropLighter RH: Points live · farm boardneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH COIN197.900.0032pay 0.0004% / 1h29m 33s$452K$1.5M10x
ShortOrderly PERP_COIN_USDC_mythos197.910.0100get 0.0100% / 8h5h 29m$572$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Lighter RH. 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
$14.28
Price spread: +0.005% → 0.000%
$0.51
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$8.79
Costs to cover
0.060%
Break-even
2.7 days
Slippage unknown: Lighter RH: live order book, 3 min ago; 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 Lighter RH live order book, 3 min ago2.78 bp4.0 bp −$410.0 bp −$100doesn't fitdoesn't fit
Sell Orderly no order-book sample
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
Bitget COINUSDT−0.0762%8h198.01+0.056%$6.3M$10.2M20xas long as short
Injective COIN/USDC PERP−0.0440%1h197.59−0.157%$44K$48K30xas long as short
Gate COIN_USDT−0.0187%8h198.01+0.056%$1.2M$7.1M50xas long as short
Vest COIN-USD-PERP−0.0090%1h197.52−0.192%$284K25xas long as short
Aster COINUSDT0.0000%8h198.02+0.058%$350K$877K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.90+0.002%$119K$691K10xas long as short
Binance COINUSDT0.0000%8h197.94+0.022%$15.0M$78.5M20xas long as short
Bybit COINUSDT0.0000%8h198.01+0.056%$4.9M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.99+0.045%$3.1M$4.6M20xas long as short
Variational Omni COIN0.0000%8h197.92+0.012%$686K$1.0Mas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.91+0.005%$19K$2.1M10xas long as short
QFEX COIN-USD+0.0016%1h197.91+0.005%$1.3M$3.4M10xas long as short
Lighter COIN+0.0032%1h197.92+0.009%$367K$2.0M10xas long as short
Lighter RH COINlong+0.0032%1h197.90long leg$452K$1.5M10x
Arcus COIN-USD+0.0040%1h197.88−0.010%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.91+0.005%$15.6M$13.4M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.96+0.030%$126K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.92+0.010%$83$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.70−0.101%$351K$3.0M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.81−0.045%$996K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.98+0.040%$89K$287K50xas long as short
Orderly PERP_COIN_USDC_mythosshort+0.0100%8h197.91+0.005%$572$4K10x
Aevo COIN-PERP+0.0104%1h197.93+0.016%$11710xas long as short
edgeX COINUSDC+0.0111%4h197.62−0.141%$51K$295K10xas long as short
BloFin COIN-USDT+0.0120%8h198.11+0.106%$189K$392K20xas long as short
Phoenix COIN+0.0162%1h197.56−0.172%$5K$281K10xas long as short