Funding you earn now, next payment 08:00 UTC−0.0409%/8h= −44.8% APRpaid last 24h −0.153%
Price spread now: SoDEX against edgeX+0.024%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. SoDEX is 0.024% dearer against edgeX than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 195.46 | 0.0459 | pay 0.0229% / 4h | 3m 17s | $50K | $295K | 10x |
| Short | SoDEX COIN-USD | 195.51 | 0.0050 | get 0.0006% / 1h | 3m 17s | $78 | $3K | 10x |
edgeX COINUSDC
SoDEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$85.84
- Price spread: +0.024% → 0.000%
- $2.37
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$100.48
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 35 min ago; SoDEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 35 min ago | 5.61 bp | 10.5 bp −$10 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.58 | +0.059% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0329% | 8h | 195.76 | +0.152% | $6.3M | $10.5M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0049% | 1h | 195.08 | −0.196% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.38 | −0.044% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.57 | +0.054% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.54 | +0.039% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.55 | +0.044% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.48 | +0.008% | $668K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | +0.0002% | 8h | 195.50 | +0.019% | $15K | $2.9M | 10x | as long as short |
| Binance COINUSDT | +0.0028% | 8h | 195.56 | +0.047% | $15.0M | $82.1M | 20x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Binance COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 195.50 | +0.019% | $465K | $1.5M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0032% | 1h | 195.50 | +0.016% | $104K | $860K | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.73 | +0.136% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.44 | −0.012% | $15.1M | $12.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.45 | −0.007% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USDshort | +0.0050% | 1h | 195.51 | +0.024% | $78 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.43 | −0.017% | $449K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.53 | +0.034% | $1.3M | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.37 | −0.048% | $984K | $150K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.33 | −0.068% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.49 | +0.013% | $565 | $4K | 10x | as long as short |
| Lighter COIN | +0.0104% | 1h | 195.50 | +0.019% | $363K | $2.3M | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.54 | +0.038% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0112% | 8h | 195.62 | +0.080% | $187K | $435K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.42 | −0.022% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDClong | +0.0459% | 4h | 195.46 | long leg | $50K | $295K | 10x |
Lighter RH COIN
Extended COIN_24_5-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Lighter COIN
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN