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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Extended against Binance−0.048%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−1.009%−$101 · spread now −0.048%, 7d avg −0.057%
Together, before fees−0.998%+ Points / potential airdropExtended: Active · farm board−$100 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COINUSDT198.270get 0.0000% / 8h5h 45m$14.6M$75.7M20x
ShortExtended COIN_24_5-USD198.170get 0.0000% / 1h45m 30s$106K$854K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$0
Price spread: −0.048% → −0.057%
$0.94
Slippage, 4 orders
−$19.05
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$33.11
Costs to cover
0.340%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 65 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 Binance live order book, 5 min ago0.25 bp8.4 bp −$817.8 bp −$17864.0 bp −$6,398doesn't fit
Sell Extended live order book, 65 min ago0.25 bp8.1 bp −$846.3 bp −$463doesn't fitdoesn't fit

COIN on 26 exchanges

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%1h198.16−0.055%$17K$224K30xas long as short
Aster COINUSDT0.0000%8h198.36+0.048%$345K$868K20xas long as short
Extended COIN_24_5-USDshort0.0000%1h198.17−0.048%$106K$854K10x
Binance COINUSDTlong0.0000%8h198.27long leg$14.6M$75.7M20x
Bybit COINUSDT0.0000%8h198.20−0.035%$4.7M$5.5M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h198.270.000%$3.1M$4.4M20xas long as short
Gate COIN_USDT0.0000%8h198.31+0.020%$1.2M$6.4M50xas long as short
Bitget COINUSDT0.0000%8h198.21−0.030%$6.4M$9.5M20xas long as short
Variational Omni COIN0.0000%8h198.40+0.065%$785K$935Kas long as short
GRVT COIN_USDT_Perp0.0000%8h198.60+0.168%$15K$3.2M10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h198.15−0.060%$1.3M$2.5M10xas long as short
Lighter COIN+0.0032%1h198.08−0.094%$345K$1.9M10xas long as short
Lighter RH COIN+0.0032%1h198.09−0.091%$481K$1.1M10xas long as short
Arcus COIN-USD+0.0040%1h198.46+0.096%$20K$31K5xas long as short
Vest COIN-USD-PERP+0.0046%1h198.29+0.010%$275K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h198.04−0.116%$14.7M$11.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h198.23−0.020%$136K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h198.39+0.061%$94$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h198.10−0.086%$330K$2.1M10xas long as short
Phoenix COIN+0.0081%1h198.63+0.182%$5K$256K10xas long as short
KuCoin COINUSDTM+0.0100%8h198.25−0.010%$935K$247K20xas long as short
ApeX Omni COINUSDT+0.0100%1h198.48+0.106%$89K$272K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h198.49+0.111%$574$4K10xas long as short
Aevo COIN-PERP+0.0104%1h198.34+0.037%$11710xas long as short
BloFin COIN-USDT+0.0120%8h198.55+0.141%$194K$481K20xas long as short
edgeX COINUSDC+0.0491%4h198.61+0.173%$51K$295K10xas long as short