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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.006%
Price spread now: SoDEX against Extended+0.027%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.027% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended COIN_24_5-USD195.840get 0.0000% / 1h32m 27s$106K$861K10x
ShortSoDEX COIN-USD195.890.0050get 0.0006% / 1h32m 27s$97$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Extended. 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
$10.5
Price spread: +0.027% → 0.000%
$2.65
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$0.15
Costs to cover
0.130%
Break-even
6.9 days
Slippage unknown: Extended: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 6 min ago1.02 bp9.0 bp −$962.9 bp −$629doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERP−0.0440%1h195.84+0.001%$43K$48K30xas long as short
Bitget COINUSDT−0.0344%8h196.08+0.124%$6.4M$10.6M20xas long as short
Vest COIN-USD-PERP−0.0044%1h195.49−0.178%$326K25xas long as short
Aster COINUSDT0.0000%8h195.74−0.052%$342K$890K20xas long as short
Extended COIN_24_5-USDlong0.0000%1h195.84long leg$106K$861K10x
Binance COINUSDT0.0000%8h195.88+0.021%$15.0M$82.2M20xas long as short
Bybit COINUSDT0.0000%8h195.88+0.021%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.86+0.011%$3.0M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h195.91+0.037%$1.2M$7.3M50xas long as short
Variational Omni COIN0.0000%8h195.93+0.045%$712K$974Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.86+0.009%$22K$2.8M10xas long as short
Lighter COIN+0.0032%1h195.81−0.014%$362K$2.3M10xas long as short
Lighter RH COIN+0.0032%1h195.79−0.025%$463K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h196.13+0.149%$17K$58K5xas long as short
edgeX COINUSDC+0.0050%4h196.08+0.122%$50K$295K10xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.70−0.071%$15.1M$13.0M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.77−0.035%$134K$1.4M10xas long as short
SoDEX COIN-USDshort+0.0050%1h195.89+0.027%$97$3K10x
Ondo Perps COIN-USD.P+0.0050%1h195.69−0.076%$445K$2.8M10xas long as short
QFEX COIN-USD+0.0065%1h195.88+0.021%$1.3M$2.9M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.75−0.045%$986K$137K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.71−0.065%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.90+0.032%$567$4K10xas long as short
Aevo COIN-PERP+0.0104%1h195.86+0.011%$11610xas long as short
BloFin COIN-USDT+0.0120%8h195.97+0.067%$188K$436K20xas long as short
Phoenix COIN+0.0163%1h195.80−0.019%$4K$283K10xas long as short