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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.165%
Price spread now: edgeX against Variational Omni+0.047%74s7-day average −0.001% · 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 4 days (all we have)+0.518%+$52 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.047%, 7d avg −0.001%
Together, before fees+0.581%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.049% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COIN195.780get 0.0000% / 8h2h 12m$711K$961K
ShortedgeX COINUSDC195.880.0146get 0.0073% / 4h2h 12m$51K$296K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
$30.73
Price spread: +0.047% → −0.001%
$4.88
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$26.61
Costs to cover
0.090%
Break-even
0.9 days
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; edgeX: live order book, 36 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 Variational Omni RFQ quote, 27 min ago2.89 bpdoesn't fit31.7 bp −$317doesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago5.60 bp10.5 bp −$1116.7 bp −$167doesn't fitdoesn't fit

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−0.0842%8h196.47+0.351%$6.4M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.88+0.050%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0110%1h195.53−0.129%$289K25xas long as short
Gate COIN_USDT−0.0076%8h196.28+0.254%$1.2M$7.4M50xas long as short
Aster COINUSDT0.0000%8h196.02+0.124%$342K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.23+0.229%$112K$854K10xas long as short
Binance COINUSDT0.0000%8h196.31+0.270%$15.1M$82.5M20xas long as short
Bybit COINUSDT0.0000%8h196.30+0.264%$4.7M$6.3M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.43+0.331%$3.0M$4.7M20xas long as short
Variational Omni COINlong0.0000%8h195.78long leg$711K$961K
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.99+0.106%$11K$2.6M10xas long as short
Lighter RH COIN+0.0032%1h196.21+0.218%$458K$1.5M10xas long as short
QFEX COIN-USD+0.0038%1h196.18+0.203%$1.3M$3.0M10xas long as short
Arcus COIN-USD+0.0040%1h196.07+0.147%$15K$54K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.12+0.172%$15.2M$13.8M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.14+0.183%$128K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h196.28+0.254%$97$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h195.74−0.022%$449K$2.9M10xas long as short
Phoenix COIN+0.0082%1h195.83+0.024%$4K$283K10xas long as short
KuCoin COINUSDTM+0.0100%8h195.95+0.085%$987K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.80+0.009%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.20+0.213%$567$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.29+0.258%$11610xas long as short
Lighter COIN+0.0120%1h196.27+0.251%$379K$2.3M10xas long as short
BloFin COIN-USDT+0.0120%8h196.26+0.244%$187K$421K20xas long as short
edgeX COINUSDCshort+0.0146%4h195.88+0.047%$51K$296K10x