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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Ondo Perps+0.143%7-day average +0.055% · 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 7 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.143%, 7d avg +0.055%
Together, before fees−0.046%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.087% dearer against Ondo Perps than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COIN-USD.P196.340.0050pay 0.0006% / 1h19m 19s$359K$2.7M10x
ShortApeX Omni COINUSDT196.620.0100get 0.0013% / 1h19m 19s$88K$287K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. 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
$10.42
Price spread: +0.143% → +0.055%
$8.74
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$4.16
Costs to cover
0.150%
Break-even
4.2 days
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 33 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 Ondo Perps no order-book sample
Sell ApeX Omni live order book, 33 min ago2.79 bp7.8 bp −$813.0 bp −$130doesn't fitdoesn't fit
Ondo Perps: 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−0.0734%8h196.84+0.255%$6.2M$10.5M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.73+0.199%$43K$48K30xas long as short
Gate COIN_USDT−0.0220%8h196.81+0.239%$1.2M$7.3M50xas long as short
Vest COIN-USD-PERP−0.0107%1h196.20−0.071%$262K25xas long as short
Aster COINUSDT0.0000%8h196.66+0.165%$343K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.69+0.176%$116K$638K10xas long as short
Binance COINUSDT0.0000%8h196.77+0.219%$14.7M$80.2M20xas long as short
Bybit COINUSDT0.0000%8h196.82+0.244%$4.8M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.75+0.209%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h196.75+0.209%$683K$939Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.74+0.205%$12K$2.4M10xas long as short
QFEX COIN-USD+0.0020%1h196.76+0.214%$1.3M$3.2M10xas long as short
Lighter RH COIN+0.0032%1h196.72+0.194%$455K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h196.73+0.199%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.63+0.148%$15.3M$13.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.66+0.163%$133K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h196.80+0.234%$89$3K10xas long as short
Ondo Perps COIN-USD.Plong+0.0050%1h196.34long leg$359K$2.7M10x
Lighter COIN+0.0064%1h196.76+0.214%$385K$2.1M10xas long as short
KuCoin COINUSDTM+0.0100%8h196.74+0.204%$991K$143K20xas long as short
ApeX Omni COINUSDTshort+0.0100%1h196.62+0.143%$88K$287K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.74+0.204%$569$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.75+0.210%$11610xas long as short
BloFin COIN-USDT+0.0120%8h196.75+0.209%$188K$393K20xas long as short
Phoenix COIN+0.0122%1h196.78+0.224%$4K$283K10xas long as short
edgeX COINUSDC+0.0864%4h196.61+0.138%$51K$295K10xas long as short