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−0.0102%/8h= −11.2% APRpaid last 24h −0.174%
Price spread now: Aster against edgeX−0.065%60s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1441.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.675%−$68 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.065%, 7d avg −0.003%
Together, before fees−0.583%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.062% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.003%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX COINUSDC195.750.0102pay 0.0051% / 4h58m 30s$50K$296K10x
ShortAster COINUSDT195.620get 0.0000% / 8h58m 30s$341K$890K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$21.41
Price spread: −0.065% → −0.003%
−$6.25
Slippage, 4 orders
−$126.97
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$171.62
Costs to cover
1.440%
Break-even
never at this rate
Slippage from edgeX: live order book, 44 min ago; Aster: live order book, 44 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, 44 min ago5.63 bp10.7 bp −$1116.4 bp −$164doesn't fitdoesn't fit
Sell Aster live order book, 44 min ago50.89 bp62.1 bp −$6270.9 bp −$709doesn'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−0.0524%8h195.89+0.072%$6.3M$10.6M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.65−0.050%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0073%1h195.23−0.265%$326K25xas long as short
Aster COINUSDTshort0.0000%8h195.62−0.065%$341K$890K20x
Extended COIN_24_5-USD0.0000%1h195.70−0.025%$104K$831K10xas long as short
Binance COINUSDT0.0000%8h195.76+0.007%$15.0M$82.1M20xas long as short
Bybit COINUSDT0.0000%8h195.74−0.005%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.79+0.021%$3.0M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h195.74−0.005%$1.2M$7.3M50xas long as short
Variational Omni COIN0.0000%8h195.70−0.025%$712K$975Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.79+0.021%$12K$2.8M10xas long as short
Lighter RH COIN+0.0032%1h195.70−0.025%$460K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h196.08+0.169%$15K$54K5xas long as short
QFEX COIN-USD+0.0045%1h195.72−0.015%$1.3M$2.9M10xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.64−0.056%$15.2M$13.2M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.64−0.056%$130K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h195.71−0.020%$92$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h195.49−0.132%$443K$2.8M10xas long as short
Lighter COIN+0.0072%1h195.70−0.025%$364K$2.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.56−0.096%$986K$136K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.64−0.056%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.69−0.030%$566$4K10xas long as short
edgeX COINUSDClong+0.0102%4h195.75long leg$50K$296K10x
Aevo COIN-PERP+0.0104%1h195.72−0.017%$11510xas long as short
BloFin COIN-USDT+0.0120%8h195.77+0.011%$187K$435K20xas long as short
Phoenix COIN+0.0163%1h195.86+0.057%$4K$283K10xas long as short