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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Aster against Ondo Perps+0.047%7-day average +0.066% · 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−0.123%−$12 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.047%, 7d avg +0.066%
Together, before fees−0.121%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COIN-USD.P201.380.0050pay 0.0006% / 1h37m 15s$357K$3.3M10x
ShortAster COINUSDT201.480get 0.0000% / 8h7h 37m$369K$840K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$10.58
Price spread: +0.047% → +0.066%
−$1.88
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$25.47
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 35 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 Aster live order book, 35 min ago47.01 bp61.2 bp −$61167.0 bp −$1,670doesn'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
Injective COIN/USDC PERP−0.0440%1h201.40+0.010%$44K$48K30xas long as short
Aster COINUSDTshort0.0000%8h201.48+0.047%$369K$840K20x
Extended COIN_24_5-USD0.0000%1h201.50+0.058%$120K$693K10xas long as short
Binance COINUSDT0.0000%8h201.54+0.079%$15.8M$75.5M20xas long as short
Bybit COINUSDT0.0000%8h201.50+0.060%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.51+0.065%$3.3M$4.5M20xas long as short
Gate COIN_USDT0.0000%8h201.49+0.055%$1.3M$6.8M50xas long as short
Bitget COINUSDT0.0000%8h201.63+0.124%$6.9M$9.2M20xas long as short
Variational Omni COIN0.0000%8h201.52+0.071%$839K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h201.55+0.082%$14K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0021%1h201.49+0.055%$1.4M$3.9M10xas long as short
Lighter RH COIN+0.0032%1h201.40+0.010%$433K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h201.64+0.129%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.30−0.040%$306K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h201.45+0.035%$16.6M$12.3M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.41+0.015%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.49+0.055%$100$3K10xas long as short
Ondo Perps COIN-USD.Plong+0.0050%1h201.38long leg$357K$3.3M10x
KuCoin COINUSDTM+0.0100%8h201.62+0.119%$1.0M$135K20xas long as short
ApeX Omni COINUSDT+0.0100%1h201.47+0.045%$91K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.54+0.079%$583$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.49+0.053%$11910xas long as short
Lighter COIN+0.0112%1h201.44+0.029%$375K$1.8M10xas long as short
BloFin COIN-USDT+0.0120%8h201.59+0.104%$199K$339K20xas long as short
Phoenix COIN+0.0237%1h201.51+0.065%$5K$279K10xas long as short
edgeX COINUSDC+0.0404%4h201.53+0.073%$52K$293K10xas long as short