Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Aster against Arcus−0.175%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.175% cheaper against Arcus than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 196.22 | 0.0040 | pay 0.0005% / 1h | 16m 26s | $15K | $54K | 5x |
| Short | Aster COINUSDT | 195.88 | 0 | get 0.0000% / 8h | 1h 16m | $342K | $890K | 20x |
Arcus COIN-USD
Aster COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Arcus. 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
- −$8.46
- Price spread: −0.175% → 0.000%
- −$17.54
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$38.49
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Aster: live order book, 26 min ago. 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 26 min ago | 50.89 bp | 62.1 bp −$62 | 70.9 bp −$709 | doesn't fit | doesn't fit |
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 | −0.0612% | 8h | 196.20 | −0.010% | $6.4M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.01 | −0.107% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0088% | 1h | 195.61 | −0.311% | — | $326K | 25x | as long as short |
| Aster COINUSDTshort | 0.0000% | 8h | 195.88 | −0.175% | $342K | $890K | 20x | |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.94 | −0.141% | $117K | $790K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.99 | −0.117% | $15.0M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.99 | −0.117% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.99 | −0.117% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 196.01 | −0.107% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.07 | −0.076% | $708K | $980K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.11 | −0.057% | $12K | $2.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.95 | −0.138% | $461K | $1.5M | 10x | as long as short |
| Arcus COIN-USDlong | +0.0040% | 1h | 196.22 | long leg | $15K | $54K | 5x | |
| QFEX COIN-USD | +0.0045% | 1h | 195.94 | −0.143% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.81 | −0.209% | $15.2M | $13.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.86 | −0.183% | $130K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.05 | −0.087% | $78 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.94 | −0.143% | $435K | $2.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.77 | −0.229% | $987K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.94 | −0.143% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.09 | −0.066% | $567 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.07 | −0.075% | $116 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0117% | 4h | 196.11 | −0.058% | $50K | $296K | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 195.97 | −0.129% | $364K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.09 | −0.066% | $186K | $427K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.84 | −0.194% | $4K | $283K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
edgeX COINUSDC
Lighter COIN
BloFin COIN-USDT
Phoenix COIN