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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Aster against ApeX Omni−0.178%109s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1311.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.200%−$20 on $10k
Price spread, last 4 days (all we have)+0.278%+$28 · spread now −0.178%, 7d avg +0.016%
Together, before fees+0.078%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.193% cheaper against ApeX Omni than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.016%). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni COINUSDT195.860.0100pay 0.0013% / 1h51m 39s$88K$287K50x
ShortAster COINUSDT195.510get 0.0000% / 8h1h 51m$341K$890K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX 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
−$21
Price spread: −0.178% → +0.016%
−$19.32
Slippage, 4 orders
−$113.03
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$171.35
Costs to cover
1.310%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 56 min ago; Aster: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 56 min ago2.80 bp7.8 bp −$814.6 bp −$146doesn't fitdoesn't fit
Sell Aster live order book, 56 min ago52.13 bp56.5 bp −$5656.7 bp −$567doesn'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−0.0662%8h195.860.000%$6.3M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.96+0.051%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0104%1h195.16−0.357%$289K25xas long as short
Gate COIN_USDT−0.0055%8h195.75−0.056%$1.2M$7.3M50xas long as short
Aster COINUSDTshort0.0000%8h195.51−0.178%$341K$890K20x
Extended COIN_24_5-USD0.0000%1h195.72−0.073%$112K$849K10xas long as short
Binance COINUSDT0.0000%8h195.66−0.102%$15.0M$82.3M20xas long as short
Bybit COINUSDT0.0000%8h195.63−0.117%$4.7M$6.3M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.64−0.112%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h195.97+0.057%$710K$959Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.94+0.043%$13K$2.7M10xas long as short
Lighter RH COIN+0.0032%1h195.59−0.138%$456K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h195.97+0.056%$15K$54K5xas long as short
QFEX COIN-USD+0.0045%1h195.73−0.066%$1.3M$3.0M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.64−0.112%$129K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h195.71−0.077%$84$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h195.63−0.117%$451K$2.9M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.51−0.179%$985K$143K20xas long as short
ApeX Omni COINUSDTlong+0.0100%1h195.86long leg$88K$287K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.71−0.077%$566$4K10xas long as short
Aevo COIN-PERP+0.0104%1h195.71−0.078%$11510xas long as short
BloFin COIN-USDT+0.0120%8h195.89+0.015%$188K$424K20xas long as short
tradeXYZ xyz:COIN+0.0161%1h195.54−0.163%$15.2M$13.8M10xas long as short
Phoenix COIN+0.0163%1h195.91+0.026%$4K$283K10xas long as short
Lighter COIN+0.0184%1h195.61−0.126%$382K$2.3M10xas long as short
edgeX COINUSDC+0.0740%4h195.95+0.045%$51K$294K10xas long as short