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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.028%
Price spread now: Polymarket Perps against Aster−0.043%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
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+0.161%+$16 on $10k
Price spread, last 4 days (all we have)+0.927%+$93 · spread now −0.043%, 7d avg +0.020%
Together, before fees+1.088%+ Points / potential airdropAster: Stage 5 · farm board+$109 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.064% cheaper against Aster than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.020%). If the spread goes back, that is −$6 on $10k: about 4.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COINUSDT202.230get 0.0000% / 8h38m 21s$371K$839K20x
ShortPolymarket Perps COIN-USD202.140.0050get 0.0006% / 1h38m 21s$140K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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
$10.5
Price spread: −0.043% → +0.020%
−$6.36
Slippage, 4 orders
−$115.04
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$126.9
Costs to cover
1.310%
Break-even
91.6 days
Slippage from Aster: live order book, 39 min ago; Polymarket Perps: live order book, 5 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 Aster live order book, 39 min ago50.29 bp57.1 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago1.24 bp5.4 bp −$56.3 bp −$6310.4 bp −$1,040doesn'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
Injective COIN/USDC PERP−0.0440%1h202.22−0.004%$45K$49K30xas long as short
Aster COINUSDTlong0.0000%8h202.23long leg$371K$839K20x
Extended COIN_24_5-USD0.0000%1h202.17−0.029%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h202.20−0.015%$15.7M$76.6M20xas long as short
Bybit COINUSDT0.0000%8h202.27+0.021%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h202.18−0.024%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h202.21−0.009%$1.3M$7.0M50xas long as short
Variational Omni COIN0.0000%8h202.32+0.048%$841K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h202.35+0.060%$12K$2.0M10xas long as short
Bitget COINUSDT+0.0010%8h202.33+0.051%$6.9M$10.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h202.18−0.024%$1.4M$3.9M10xas long as short
Lighter RH COIN+0.0032%1h202.22−0.004%$434K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h202.31+0.041%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h202.11−0.058%$513K25xas long as short
Polymarket Perps COIN-USDshort+0.0050%1h202.14−0.043%$140K$1.2M10x
SoDEX COIN-USD+0.0050%1h202.24+0.006%$81$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.99−0.118%$367K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.16−0.034%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.13−0.048%$91K$328K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h202.21−0.009%$585$4K10xas long as short
Aevo COIN-PERP+0.0104%1h202.22−0.002%$11910xas long as short
BloFin COIN-USDT+0.0120%8h202.17−0.029%$200K$342K20xas long as short
Lighter COIN+0.0160%1h202.23+0.001%$377K$2.0M10xas long as short
Phoenix COIN+0.0238%1h202.32+0.046%$5K$279K10xas long as short
tradeXYZ xyz:COIN+0.0256%1h202.22−0.004%$16.5M$13.1M10xas long as short
edgeX COINUSDC+0.0280%4h202.29+0.031%$52K$293K10xas long as short