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 +0.009%
Price spread now: Orderly against SoDEX+0.025%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 3 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 +$2 a day on $10k at the current rate, and Orderly is 0.025% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX COIN-USD201.340.0050pay 0.0006% / 1h51m 11s$97$3K10x
ShortOrderly PERP_COIN_USDC_mythos201.390.0100get 0.0100% / 8h7h 51m$582$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SoDEX. 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
$10.5
Price spread: +0.025% → 0.000%
$2.48
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$1.02
Costs to cover
0.140%
Break-even
7.7 days
Slippage unknown: SoDEX: 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 SoDEX no order-book sample
Sell Orderly no order-book sample
SoDEX 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 PERP−0.0440%1h201.29−0.025%$44K$48K30xas long as short
Aster COINUSDT0.0000%8h201.40+0.032%$369K$840K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.39+0.024%$119K$475K10xas long as short
Binance COINUSDT0.0000%8h201.46+0.058%$15.8M$76.1M20xas long as short
Bybit COINUSDT0.0000%8h201.41+0.035%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.36+0.010%$3.3M$4.6M20xas long as short
Gate COIN_USDT0.0000%8h201.39+0.025%$1.3M$6.8M50xas long as short
Bitget COINUSDT0.0000%8h201.39+0.025%$6.9M$9.7M20xas long as short
Variational Omni COIN0.0000%8h201.31−0.013%$839K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h201.78+0.219%$12K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0021%1h201.25−0.045%$1.4M$3.9M10xas long as short
Lighter RH COIN+0.0032%1h201.340.000%$433K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h201.84+0.248%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.18−0.079%$513K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h201.12−0.109%$16.5M$12.5M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.12−0.109%$128K$1.2M10xas long as short
SoDEX COIN-USDlong+0.0050%1h201.34long leg$97$3K10x
Ondo Perps COIN-USD.P+0.0050%1h201.01−0.164%$359K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h201.51+0.084%$1.0M$137K20xas long as short
ApeX Omni COINUSDT+0.0100%1h201.58+0.119%$91K$287K50xas long as short
Orderly PERP_COIN_USDC_mythosshort+0.0100%8h201.39+0.025%$582$4K10x
Aevo COIN-PERP+0.0104%1h201.82+0.237%$11910xas long as short
BloFin COIN-USDT+0.0120%8h201.38+0.020%$199K$340K20xas long as short
Lighter COIN+0.0192%1h201.37+0.013%$376K$1.8M10xas long as short
Phoenix COIN+0.0237%1h201.81+0.233%$5K$279K10xas long as short
edgeX COINUSDC+0.0498%4h201.72+0.187%$52K$293K10xas long as short