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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against Binance−0.023%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.023%, 7d avg −0.004%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COINUSDT196.790get 0.0000% / 8h3h 39m$14.7M$79.9M20x
ShortOKX COIN-USDT-SWAP196.740get 0.0000% / 8h3h 39m$3.0M$4.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.023% → −0.004%
−$1.92
Slippage, 4 orders
−$18.91
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$40.83
Costs to cover
0.389%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago0.25 bp8.0 bp −$815.2 bp −$15254.6 bp −$5,458doesn't fit
Sell OKX live order book, 3 min ago1.27 bp11.9 bp −$1222.1 bp −$221doesn'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−0.0687%8h196.87+0.043%$6.3M$10.4M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.82+0.017%$43K$48K30xas long as short
Gate COIN_USDT−0.0226%8h196.80+0.007%$1.2M$7.3M50xas long as short
Vest COIN-USD-PERP−0.0110%1h196.22−0.288%$266K25xas long as short
Aster COINUSDT0.0000%8h196.89+0.055%$344K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.73−0.027%$117K$689K10xas long as short
Binance COINUSDTlong0.0000%8h196.79long leg$14.7M$79.9M20x
Bybit COINUSDT0.0000%8h196.80+0.007%$4.8M$6.0M50xas long as short
OKX COIN-USDT-SWAPshort0.0000%8h196.74−0.023%$3.0M$4.6M20x
Variational Omni COIN0.0000%8h196.74−0.023%$684K$939Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.00+0.109%$12K$2.4M10xas long as short
QFEX COIN-USD+0.0020%1h196.74−0.023%$1.3M$3.2M10xas long as short
Lighter RH COIN+0.0032%1h196.74−0.023%$451K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h196.98+0.099%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.64−0.074%$15.4M$13.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.60−0.095%$134K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h196.73−0.028%$79$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.54−0.125%$350K$2.7M10xas long as short
KuCoin COINUSDTM+0.0100%8h196.72−0.034%$992K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h196.98+0.099%$89K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.73−0.028%$569$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.76−0.013%$11610xas long as short
Lighter COIN+0.0112%1h196.76−0.014%$340K$2.0M10xas long as short
BloFin COIN-USDT+0.0120%8h196.79+0.002%$188K$393K20xas long as short
Phoenix COIN+0.0122%1h196.84+0.027%$4K$283K10xas long as short
edgeX COINUSDC+0.0784%4h196.93+0.075%$51K$294K10xas long as short