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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.023%
Price spread now: Orderly against BloFin−0.005%52s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COIN-USDT195.450.0089pay 0.0089% / 8h5m 51s$187K$434K20x
ShortOrderly PERP_COIN_USDC_mythos195.440.0100get 0.0100% / 8h5m 51s$565$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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
$2.27
Price spread: −0.005% → 0.000%
−$0.51
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.24
Costs to cover
0.180%
Break-even
57.1 days
Slippage unknown: BloFin: live order book, 10 min ago; Orderly: 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 BloFin live order book, 10 min ago0.51 bp8.8 bp −$916.5 bp −$16541.0 bp −$4,103doesn't fit
Sell Orderly no order-book sample
Orderly: 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
Injective COIN/USDC PERP−0.0440%1h195.54+0.046%$43K$48K30xas long as short
Bitget COINUSDT−0.0336%8h195.68+0.118%$6.3M$10.5M20xas long as short
Vest COIN-USD-PERP−0.0048%1h194.97−0.246%$326K25xas long as short
Aster COINUSDT0.0000%8h195.40−0.027%$341K$890K20xas long as short
Bybit COINUSDT0.0000%8h195.48+0.015%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.47+0.010%$3.0M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h195.55+0.051%$1.2M$7.4M50xas long as short
Variational Omni COIN0.0000%8h195.48+0.015%$668K$1.0Mas long as short
GRVT COIN_USDT_Perp+0.0001%8h195.57+0.061%$15K$2.9M10xas long as short
Binance COINUSDT+0.0023%8h195.56+0.054%$15.0M$82.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended COIN_24_5-USD+0.0024%1h195.49+0.021%$104K$860K10xas long as short
Lighter RH COIN+0.0032%1h195.43−0.010%$464K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h195.68+0.118%$17K$58K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.44−0.005%$15.1M$12.9M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.39−0.031%$135K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h195.46+0.005%$81$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h195.36−0.046%$449K$2.8M10xas long as short
QFEX COIN-USD+0.0065%1h195.47+0.010%$1.3M$2.8M10xas long as short
BloFin COIN-USDTlong+0.0089%8h195.45long leg$187K$434K20x
Lighter COIN+0.0096%1h195.44−0.007%$362K$2.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.36−0.046%$984K$147K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.44−0.005%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythosshort+0.0100%8h195.44−0.005%$565$4K10x
Aevo COIN-PERP+0.0104%1h195.49+0.018%$11510xas long as short
Phoenix COIN+0.0163%1h195.44−0.005%$4K$283K10xas long as short
edgeX COINUSDC+0.0681%4h195.50+0.024%$50K$294K10xas long as short