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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0193%/8h= +21.2% APRpaid last 24h +0.106%
Price spread now: edgeX against KuCoin−0.035%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1881.881% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.423%+$42 on $10k
Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.035%, 7d avg +0.007%
Together, before fees+0.553%+ Points / potential airdropedgeX: Active · farm board+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COINUSDTM197.790.0100pay 0.0100% / 8h5h 22m$996K$143K20x
ShortedgeX COINUSDC197.720.0293get 0.0147% / 4h1h 22m$51K$294K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$40.6
Price spread: −0.035% → +0.007%
−$4.17
Slippage, 4 orders
−$167.14
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$151.71
Costs to cover
1.881%
Break-even
33.2 days
Slippage from KuCoin: live order book, 12 min ago; edgeX: live order book, 40 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 KuCoin live order book, 12 min ago18.24 bp88.7 bp −$89doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 40 min ago5.56 bp10.5 bp −$1116.2 bp −$162doesn't fitdoesn't fit

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
Bitget COINUSDT−0.0739%8h198.03+0.121%$6.3M$10.2M20xas long as short
Injective COIN/USDC PERP−0.0440%1h197.38−0.207%$44K$48K30xas long as short
Gate COIN_USDT−0.0201%8h197.95+0.081%$1.2M$7.1M50xas long as short
Vest COIN-USD-PERP−0.0090%1h197.34−0.228%$284K25xas long as short
Aster COINUSDT0.0000%8h197.95+0.081%$350K$877K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.89+0.049%$117K$696K10xas long as short
Binance COINUSDT0.0000%8h198.00+0.104%$15.1M$78.4M20xas long as short
Bybit COINUSDT0.0000%8h198.00+0.106%$4.9M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h198.02+0.116%$3.1M$4.6M20xas long as short
Variational Omni COIN0.0000%8h197.67−0.058%$685K$1.0Mas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.69−0.051%$12K$2.1M10xas long as short
QFEX COIN-USD+0.0016%1h197.84+0.025%$1.3M$3.4M10xas long as short
Lighter COIN+0.0032%1h197.89+0.049%$367K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.89+0.051%$453K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h197.88+0.046%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.88+0.046%$15.6M$13.4M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.790.000%$128K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.90+0.056%$81$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.55−0.121%$351K$3.0M10xas long as short
KuCoin COINUSDTMlong+0.0100%8h197.79long leg$996K$143K20x
ApeX Omni COINUSDT+0.0100%1h197.66−0.066%$89K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.81+0.010%$572$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.88+0.045%$11710xas long as short
BloFin COIN-USDT+0.0120%8h197.96+0.086%$189K$391K20xas long as short
Phoenix COIN+0.0162%1h197.80+0.005%$5K$281K10xas long as short
edgeX COINUSDCshort+0.0293%4h197.72−0.035%$51K$294K10x