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= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Extended against Ondo Perps+0.099%7-day average +0.039% · 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−0.045%−$4 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.099%, 7d avg +0.039%
Together, before fees−0.138%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.060% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.099% now, against its 7-day average of +0.039%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 7 days (−0.045% in total) that is about 9.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COIN-USD.P196.100.0050pay 0.0006% / 1h23m 09s$368K$2.7M10x
ShortExtended COIN_24_5-USD196.300get 0.0000% / 1h23m 09s$116K$643K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.099% → +0.039%
$6.04
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$14.54
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 30 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 Extended live order book, 30 min ago1.01 bp8.9 bp −$976.6 bp −$766doesn'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−0.0731%8h196.53+0.219%$6.2M$10.5M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.35+0.127%$43K$48K30xas long as short
Gate COIN_USDT−0.0222%8h196.41+0.158%$1.2M$7.3M50xas long as short
Vest COIN-USD-PERP−0.0108%1h195.65−0.229%$262K25xas long as short
Aster COINUSDT0.0000%8h196.34+0.121%$343K$890K20xas long as short
Extended COIN_24_5-USDshort0.0000%1h196.30+0.099%$116K$643K10x
Binance COINUSDT0.0000%8h196.35+0.127%$14.7M$80.2M20xas long as short
Bybit COINUSDT0.0000%8h196.32+0.112%$4.8M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.34+0.122%$3.0M$4.6M20xas long as short
Variational Omni COIN0.0000%8h196.67+0.290%$683K$939Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.53+0.219%$16K$2.4M10xas long as short
QFEX COIN-USD+0.0020%1h196.30+0.102%$1.3M$3.2M10xas long as short
Lighter RH COIN+0.0032%1h196.27+0.087%$454K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h196.60+0.255%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.19+0.046%$15.3M$13.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.21+0.056%$133K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h196.30+0.102%$88$3K10xas long as short
Ondo Perps COIN-USD.Plong+0.0050%1h196.10long leg$368K$2.7M10x
edgeX COINUSDC+0.0054%4h196.66+0.284%$51K$294K10xas long as short
Lighter COIN+0.0056%1h196.31+0.105%$387K$2.1M10xas long as short
KuCoin COINUSDTM+0.0100%8h196.38+0.143%$990K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h196.54+0.224%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.33+0.117%$568$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.25+0.076%$11610xas long as short
BloFin COIN-USDT+0.0120%8h196.38+0.143%$187K$392K20xas long as short
Phoenix COIN+0.0122%1h196.28+0.092%$4K$283K10xas long as short