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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0490%/8h= +53.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.153%
Price spread now: SoDEX against Injective+0.051%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and SoDEX is 0.051% dearer against Injective than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective COIN/USDC PERP197.53−0.0440get 0.0055% / 1h50m 53s$44K$48K30x
ShortSoDEX COIN-USD197.630.0050get 0.0006% / 1h50m 53s$96$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$102.9
Price spread: +0.051% → 0.000%
$5.06
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$99.94
Costs to cover
0.080%
Break-even
0.2 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell SoDEX no order-book sample
Injective and 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 25 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−0.0725%8h197.78+0.127%$6.3M$10.1M20xas long as short
Injective COIN/USDC PERPlong−0.0440%1h197.53long leg$44K$48K30x
Gate COIN_USDT−0.0139%8h197.64+0.056%$1.2M$7.0M50xas long as short
Vest COIN-USD-PERP−0.0088%1h197.09−0.223%$284K25xas long as short
Aster COINUSDT0.0000%8h197.81+0.144%$349K$877K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.53−0.002%$119K$697K10xas long as short
Binance COINUSDT0.0000%8h197.59+0.030%$15.1M$78.2M20xas long as short
Bybit COINUSDT0.0000%8h197.64+0.056%$4.9M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.70+0.086%$3.1M$4.6M20xas long as short
Variational Omni COIN0.0000%8h197.61+0.039%$818K$905Kas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.46−0.037%$14K$2.1M10xas long as short
QFEX COIN-USD+0.0016%1h197.55+0.010%$1.3M$3.5M10xas long as short
Lighter COIN+0.0032%1h197.63+0.051%$368K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.58+0.025%$450K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h197.51−0.010%$15K$54K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.49−0.020%$15.7M$13.3M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.530.000%$125K$1.2M10xas long as short
SoDEX COIN-USDshort+0.0050%1h197.63+0.051%$96$3K10x
Ondo Perps COIN-USD.P+0.0050%1h197.38−0.076%$351K$3.0M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.59+0.030%$995K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.49−0.020%$89K$286K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.61+0.041%$571$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.58+0.025%$11710xas long as short
edgeX COINUSDC+0.0114%4h197.30−0.115%$51K$294K10xas long as short
Phoenix COIN+0.0162%1h197.52−0.005%$5K$281K10xas long as short