Funding you earn now, next payment 03:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h +0.116%
Price spread now: edgeX against Extended+0.070%93s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs+$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.388% of the position
Funding, last 7 days+0.574%+$57 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.070%, 7d avg +0.028%
=Together, before fees+0.614%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.042% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended COIN_24_5-USD | 197.16 | 0 | get 0.0000% / 1h | 48m 00s | $119K | $691K | 10x |
| Short | edgeX COINUSDC | 197.30 | 0.0114 | get 0.0057% / 4h | 1h 48m | $51K | $294K | 10x |
Extended COIN_24_5-USD
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- $23.92
- Price spread: +0.070% → +0.028%
- $4.21
- Slippage, 4 orders
- −$24.81
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$10.68
- Costs to cover
- 0.388%
- Break-even
- 10.1 days
Slippage from Extended: live order book, 15 min ago; edgeX: live order book, 15 min ago.
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 Extended live order book, 15 min ago | 1.01 bp | 8.9 bp −$9 | 56.4 bp −$564 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 15 min ago | 5.56 bp | 10.5 bp −$11 | 16.2 bp −$162 | doesn't fit | doesn't fit |
COIN on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0747% | 8h | 197.28 | +0.058% | $6.3M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.19 | +0.013% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0142% | 8h | 197.22 | +0.028% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0091% | 1h | 196.74 | −0.215% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.30 | +0.069% | $348K | $877K | 20x | as long as short |
| Extended COIN_24_5-USDlong | 0.0000% | 1h | 197.16 | long leg | $119K | $691K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 197.21 | +0.023% | $15.1M | $78.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.28 | +0.058% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.25 | +0.043% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.61 | +0.224% | $818K | $905K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.63 | +0.236% | $14K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.20 | +0.018% | $1.3M | $3.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.21 | +0.021% | $370K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.20 | +0.018% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.38 | +0.109% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.14 | −0.013% | $15.6M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.11 | −0.028% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.18 | +0.008% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.06 | −0.053% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.21 | +0.023% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.49 | +0.165% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.21 | +0.023% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.19 | +0.014% | $116 | — | 10x | as long as short |
| edgeX COINUSDCshort | +0.0114% | 4h | 197.30 | +0.070% | $51K | $294K | 10x | |
| Phoenix COIN | +0.0162% | 1h | 197.44 | +0.140% | $5K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN