COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0042%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.032%

Price spread now: Arcus against tradeXYZ+0.195%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. Arcus is 0.195% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.195% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:COIN	195.19	0.0082	pay 0.0010% / 1h	39m 30s	$15.1M	$13.2M	10x
Short	Arcus COIN-USD	195.57	0.0040	get 0.0005% / 1h	39m 30s	$15K	$54K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against tradeXYZ. 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

Position, each leg$Hold fordaysFee tradeXYZbpFee ArcusbpOrdersPrice spread, now +0.195%Rate

Funding earned: −$8.72
Price spread: +0.195% → 0.000%: $19.47
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$11.75
Costs to cover: 0.225%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 9 min ago; Arcus: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 9 min ago	1.28 bp	11.2 bp −$11	13.0 bp −$130	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget COINUSDT	−0.0694%	8h	195.44	+0.128%	$6.3M	$10.7M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	195.60	+0.210%	$43K	$48K	30x	as long as short
Vest COIN-USD-PERP	−0.0102%	1h	194.73	−0.236%	—	$289K	25x	as long as short
Gate COIN_USDT	−0.0012%	8h	195.30	+0.056%	$1.2M	$7.4M	50x	as long as short
Aster COINUSDT	0.0000%	8h	195.42	+0.119%	$341K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	195.23	+0.022%	$112K	$809K	10x	as long as short
Binance COINUSDT	0.0000%	8h	195.29	+0.051%	$15.0M	$82.3M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	195.22	+0.015%	$4.7M	$6.2M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	195.22	+0.015%	$3.0M	$4.7M	20x	as long as short
Variational Omni COIN	0.0000%	8h	195.45	+0.134%	$708K	$959K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	195.58	+0.200%	$16K	$2.7M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	195.23	+0.020%	$459K	$1.5M	10x	as long as short
Arcus COIN-USDshort	+0.0040%	1h	195.57	+0.195%	$15K	$54K	5x
QFEX COIN-USD	+0.0045%	1h	195.28	+0.046%	$1.3M	$3.0M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	195.20	+0.005%	$129K	$1.4M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	195.29	+0.051%	$82	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	195.03	−0.082%	$447K	$2.8M	10x	as long as short
tradeXYZ xyz:COINlong	+0.0082%	1h	195.19	long leg	$15.1M	$13.2M	10x
KuCoin COINUSDTM	+0.0100%	8h	195.17	−0.010%	$984K	$137K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	195.32	+0.067%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	195.31	+0.061%	$565	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	195.29	+0.050%	$115	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	195.50	+0.159%	$188K	$423K	20x	as long as short
Lighter COIN	+0.0128%	1h	195.22	+0.014%	$361K	$2.3M	10x	as long as short
Phoenix COIN	+0.0163%	1h	195.44	+0.128%	$4K	$283K	10x	as long as short
edgeX COINUSDC	+0.0209%	4h	195.50	+0.161%	$50K	$294K	10x	as long as short