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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0560%/8h= +61.3% APRpaid last 24h +0.168%
Price spread now: BloFin against Injective+0.081%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs+$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.567% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.060%+$106 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.081%, 7d avg +0.086%
Together, before fees+0.997%+$100 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective COIN/USDC PERP198.16−0.0440get 0.0055% / 1h45m 01s$17K$224K30x
ShortBloFin COIN-USDT198.320.0120get 0.0120% / 8h5h 45m$194K$481K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
$117.6
Price spread: +0.081% → +0.086%
−$0.54
Slippage, 4 orders
−$44.67
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$60.38
Costs to cover
0.567%
Break-even
3.4 days
Slippage from Injective: live order book, 2 min ago; BloFin: live order book, 64 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 Injective live order book, 2 min ago19.91 bp19.9 bp −$20438.5 bp −$4,38594384.1 bp −$9.44M511919.6 bp −$255.96M
Sell BloFin live order book, 64 min ago0.25 bp8.1 bp −$811.9 bp −$11938.6 bp −$3,864doesn't fit

COIN on 26 exchanges

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 PERPlong−0.0440%1h198.16long leg$17K$224K30x
Aster COINUSDT0.0000%8h198.36+0.100%$345K$868K20xas long as short
Extended COIN_24_5-USD0.0000%1h198.28+0.058%$106K$854K10xas long as short
Binance COINUSDT0.0000%8h198.34+0.091%$14.6M$75.7M20xas long as short
Bybit COINUSDT0.0000%8h198.28+0.061%$4.7M$5.5M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h198.28+0.061%$3.1M$4.4M20xas long as short
Gate COIN_USDT0.0000%8h198.34+0.091%$1.2M$6.4M50xas long as short
Bitget COINUSDT0.0000%8h198.45+0.146%$6.4M$9.5M20xas long as short
Variational Omni COIN0.0000%8h198.40+0.121%$785K$935Kas long as short
GRVT COIN_USDT_Perp0.0000%8h198.60+0.223%$15K$3.2M10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h198.15−0.005%$1.3M$2.5M10xas long as short
Lighter COIN+0.0032%1h198.21+0.025%$345K$1.9M10xas long as short
Lighter RH COIN+0.0032%1h198.22+0.030%$481K$1.1M10xas long as short
Arcus COIN-USD+0.0040%1h198.46+0.151%$20K$31K5xas long as short
Vest COIN-USD-PERP+0.0046%1h198.15−0.005%$275K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h198.20+0.020%$14.7M$11.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h198.03−0.066%$136K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h198.23+0.035%$93$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h198.10−0.030%$330K$2.1M10xas long as short
Phoenix COIN+0.0081%1h198.31+0.076%$5K$256K10xas long as short
KuCoin COINUSDTM+0.0100%8h198.30+0.071%$935K$247K20xas long as short
ApeX Omni COINUSDT+0.0100%1h198.48+0.161%$89K$272K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h198.38+0.111%$574$4K10xas long as short
Aevo COIN-PERP+0.0104%1h198.16−0.002%$11710xas long as short
BloFin COIN-USDTshort+0.0120%8h198.32+0.081%$194K$481K20x
edgeX COINUSDC+0.0491%4h198.61+0.228%$51K$295K10xas long as short