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

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0244%/8h= +26.8% APRpaid last 24h +0.200%
Price spread now: edgeX against Orderly−0.251%71s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.251% cheaper against Orderly than usual: you would sell low and buy high (spread −0.251% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 3.4 days of funding at the current rate (+$7 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_COIN_USDC_mythos197.800.0100pay 0.0100% / 8h6h 33m$572$4K10x
ShortedgeX COINUSDC197.300.0344get 0.0172% / 4h2h 33m$51K$294K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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
$51.31
Price spread: −0.251% → 0.000%
−$25.12
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$11.18
Costs to cover
0.150%
Break-even
5.5 days
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 34 min ago. 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 Orderly no order-book sample
Sell edgeX live order book, 34 min ago5.72 bp10.6 bp −$1116.0 bp −$160doesn't fitdoesn't fit
Orderly: 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
Injective COIN/USDC PERP−0.0440%1h197.60−0.101%$44K$48K30xas long as short
Bitget COINUSDT−0.0274%8h197.83+0.015%$6.4M$10.3M20xas long as short
Vest COIN-USD-PERP−0.0005%1h197.23−0.288%$289K25xas long as short
Aster COINUSDT0.0000%8h197.81+0.005%$360K$856K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.63−0.087%$117K$699K10xas long as short
Binance COINUSDT0.0000%8h197.58−0.111%$14.9M$78.0M20xas long as short
Bybit COINUSDT0.0000%8h197.63−0.086%$4.9M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.61−0.096%$3.1M$4.5M20xas long as short
Gate COIN_USDT0.0000%8h197.800.000%$1.3M$7.0M50xas long as short
Variational Omni COIN0.0000%8h197.64−0.079%$818K$1.0Mas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.51−0.147%$17K$2.0M10xas long as short
QFEX COIN-USD+0.0028%1h197.78−0.010%$1.3M$3.7M10xas long as short
Lighter COIN+0.0032%1h197.47−0.165%$389K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.41−0.197%$428K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h197.74−0.030%$16K$53K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.42−0.192%$15.9M$13.4M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.72−0.040%$127K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.76−0.020%$97$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.43−0.187%$350K$3.2M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.74−0.030%$983K$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.57−0.116%$89K$287K50xas long as short
Orderly PERP_COIN_USDC_mythoslong+0.0100%8h197.80long leg$572$4K10x
Aevo COIN-PERP+0.0104%1h197.77−0.018%$11710xas long as short
Phoenix COIN+0.0160%1h197.65−0.076%$5K$251K10xas long as short
edgeX COINUSDCshort+0.0344%4h197.30−0.251%$51K$294K10x