Funding you earn now, next payment 09:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.008%
Price spread now: Arcus against Vest+0.363%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Arcus is 0.363% dearer against Vest than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest COIN-USD-PERP | 195.45 | −0.0070 | get 0.0009% / 1h | 22m 08s | — | $319K | 25x |
| Short | Arcus COIN-USD | 196.16 | 0.0040 | get 0.0005% / 1h | 22m 08s | $17K | $49K | 5x |
Vest COIN-USD-PERP
Arcus COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $23.09
- Price spread: +0.363% → 0.000%
- $36.33
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $52.92
- Costs to cover
- 0.065%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Vest and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 193.41 | −1.044% | $92K | $129K | 30x | as long as short |
| Vest COIN-USD-PERPlong | −0.0070% | 1h | 195.45 | long leg | — | $319K | 25x | |
| Bitget COINUSDT | −0.0021% | 8h | 196.46 | +0.517% | $6.4M | $10.2M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.84 | +0.199% | $341K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.23 | +0.399% | $4.6M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.38 | +0.476% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 196.35 | +0.460% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 194.31 | −0.585% | $655K | $981K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 194.45 | −0.511% | $20K | $3.0M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0016% | 1h | 196.12 | +0.344% | $104K | $860K | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Extended COIN_24_5-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COINUSDT | +0.0019% | 8h | 196.26 | +0.414% | $14.8M | $81.6M | 20x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.16 | +0.365% | $363K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.15 | +0.358% | $474K | $1.3M | 10x | as long as short |
| Arcus COIN-USDshort | +0.0040% | 1h | 196.16 | +0.363% | $17K | $49K | 5x | |
| QFEX COIN-USD | +0.0047% | 1h | 196.14 | +0.353% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.31 | +0.440% | $15.5M | $11.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.97 | +0.266% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.61 | +0.082% | $78 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 194.30 | −0.588% | $422K | $2.4M | 10x | as long as short |
| BloFin COIN-USDT | +0.0074% | 8h | 195.58 | +0.067% | $188K | $483K | 20x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.98 | +0.271% | $987K | $197K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 194.42 | −0.527% | $87K | $285K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.88 | +0.220% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.20 | +0.386% | $116 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 194.76 | −0.353% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0523% | 4h | 194.38 | −0.546% | $50K | $294K | 10x | as long as short |
Binance COINUSDT
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
BloFin COIN-USDT
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC