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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0244%/8h= −26.8% APRpaid last 24h −0.200%
Price spread now: ApeX Omni against edgeX+0.024%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.530%−$53 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.024%, 7d avg −0.012%
Together, before fees−0.646%+ Points / potential airdropedgeX: Active · farm board−$65 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.036% dearer against edgeX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.012%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX COINUSDC197.300.0344pay 0.0172% / 4h2h 37m$51K$294K10x
ShortApeX Omni COINUSDT197.350.0100get 0.0013% / 1h37m 34s$89K$287K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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
−$51.31
Price spread: +0.024% → −0.012%
$3.6
Slippage, 4 orders
−$17.72
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$84.43
Costs to cover
0.367%
Break-even
never at this rate
Slippage from edgeX: live order book, 30 min ago; ApeX Omni: live order book, 30 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 edgeX live order book, 30 min ago5.72 bp10.6 bp −$1116.4 bp −$164doesn't fitdoesn't fit
Sell ApeX Omni live order book, 30 min ago2.74 bp7.7 bp −$812.0 bp −$120doesn'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
Injective COIN/USDC PERP−0.0440%1h197.14−0.083%$43K$48K30xas long as short
Bitget COINUSDT−0.0182%8h197.83+0.267%$6.5M$10.3M20xas long as short
Aster COINUSDT0.0000%8h197.60+0.148%$362K$851K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.50+0.101%$117K$699K10xas long as short
Binance COINUSDT0.0000%8h197.67+0.185%$14.9M$78.1M20xas long as short
Bybit COINUSDT0.0000%8h197.81+0.257%$4.9M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.80+0.252%$3.1M$4.5M20xas long as short
Gate COIN_USDT0.0000%8h197.66+0.181%$1.3M$6.9M50xas long as short
Variational Omni COIN0.0000%8h197.93+0.320%$820K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h197.51+0.105%$17K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COIN-USD-PERP+0.0003%1h197.11−0.098%$289K25xas long as short
QFEX COIN-USD+0.0028%1h197.62+0.161%$1.3M$3.7M10xas long as short
Lighter COIN+0.0032%1h197.36+0.030%$388K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.34+0.019%$428K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h197.69+0.196%$16K$53K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.46+0.080%$15.9M$13.4M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.61+0.156%$127K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.23−0.037%$93$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.16−0.073%$349K$3.2M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.46+0.080%$981K$138K20xas long as short
ApeX Omni COINUSDTshort+0.0100%1h197.35+0.024%$89K$287K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.35+0.024%$571$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.21−0.049%$11610xas long as short
BloFin COIN-USDT+0.0120%8h199.02+0.870%$198K$377K20xas long as short
Phoenix COIN+0.0160%1h198.09+0.399%$5K$251K10xas long as short
edgeX COINUSDClong+0.0344%4h197.30long leg$51K$294K10x