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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0210%/8h= −23.0% APRnext payment $0.26 per $10,000 · paid last 24h −0.020%
Price spread now: Vest against ApeX Omni−0.477%62s7-day average +0.137% · you buy dearer than you sell
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)−0.052%−$5 on $10k
Price spread, last 4 days (all we have)+0.559%+$56 · spread now −0.477%, 7d avg +0.137%
Together, before fees+0.507%+ Points / potential airdropVest: Active · farm board+$51 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.614% cheaper against ApeX Omni than usual: you would sell low and buy high (−$61 if the spread goes back to its 7-day average of +0.137%). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.052% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni COINUSDT196.980.0100pay 0.0013% / 1h37m 48s$89K$287K50x
ShortVest COIN-USD-PERP196.04−0.0110pay 0.0014% / 1h37m 48s$266K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$44.07
Price spread: −0.477% → +0.137%
−$61.41
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$117.48
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 14 min ago; Vest: 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 ApeX Omni live order book, 14 min ago2.79 bp7.8 bp −$812.0 bp −$120doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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
Bitget COINUSDT−0.0693%8h196.82−0.081%$6.3M$10.4M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.76−0.112%$43K$48K30xas long as short
Gate COIN_USDT−0.0224%8h196.75−0.117%$1.2M$7.3M50xas long as short
Vest COIN-USD-PERPshort−0.0110%1h196.04−0.477%$266K25x
Aster COINUSDT0.0000%8h196.77−0.105%$343K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.68−0.150%$116K$690K10xas long as short
Binance COINUSDT0.0000%8h196.70−0.142%$14.7M$79.9M20xas long as short
Bybit COINUSDT0.0000%8h196.76−0.112%$4.8M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.67−0.157%$3.0M$4.6M20xas long as short
Variational Omni COIN0.0000%8h196.74−0.122%$684K$939Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.77−0.108%$10K$2.4M10xas long as short
QFEX COIN-USD+0.0020%1h196.55−0.218%$1.3M$3.2M10xas long as short
Lighter RH COIN+0.0032%1h196.63−0.178%$451K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h196.90−0.041%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.60−0.193%$15.4M$13.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.52−0.234%$134K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h196.68−0.152%$77$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.51−0.239%$350K$2.7M10xas long as short
edgeX COINUSDC+0.0061%4h196.73−0.128%$51K$294K10xas long as short
KuCoin COINUSDTM+0.0100%8h196.67−0.157%$992K$143K20xas long as short
ApeX Omni COINUSDTlong+0.0100%1h196.98long leg$89K$287K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.65−0.168%$569$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.67−0.157%$11610xas long as short
Lighter COIN+0.0120%1h196.66−0.162%$340K$2.0M10xas long as short
BloFin COIN-USDT+0.0120%8h196.73−0.127%$188K$392K20xas long as short
Phoenix COIN+0.0122%1h196.84−0.071%$4K$283K10xas long as short