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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: KuCoin against Orderly+0.090%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.090% dearer against Orderly than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_COIN_USDC_mythos199.960.0100pay 0.0100% / 8h6h 59m$578$4K10x
ShortKuCoin COINUSDTM200.140.0100get 0.0100% / 8h6h 59m$1.0M$120K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.090% → 0.000%
$9
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$9
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago11.69 bp127.2 bp −$127doesn't fitdoesn'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 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%1h200.01+0.025%$44K$48K30xas long as short
Aster COINUSDT0.0000%8h200.03+0.034%$366K$840K20xas long as short
Extended COIN_24_5-USD0.0000%1h199.99+0.013%$119K$705K10xas long as short
Binance COINUSDT0.0000%8h200.02+0.032%$15.6M$75.3M20xas long as short
Bybit COINUSDT0.0000%8h200.10+0.070%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h200.05+0.045%$3.2M$4.4M20xas long as short
Gate COIN_USDT0.0000%8h200.11+0.075%$1.3M$6.7M50xas long as short
Bitget COINUSDT0.0000%8h200.11+0.075%$6.8M$9.1M20xas long as short
Variational Omni COIN0.0000%8h200.23+0.135%$830K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h200.31+0.175%$13K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0021%1h199.91−0.025%$1.4M$3.7M10xas long as short
Lighter RH COIN+0.0032%1h199.97+0.005%$429K$1.4M10xas long as short
Arcus COIN-USD+0.0040%1h200.44+0.240%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h199.77−0.095%$286K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h199.960.000%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h199.95−0.005%$102$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h199.87−0.045%$355K$3.3M10xas long as short
Lighter COIN+0.0080%1h200.00+0.019%$395K$2.0M10xas long as short
KuCoin COINUSDTMshort+0.0100%8h200.14+0.090%$1.0M$120K20x
ApeX Omni COINUSDT+0.0100%1h200.36+0.200%$90K$287K50xas long as short
Orderly PERP_COIN_USDC_mythoslong+0.0100%8h199.96long leg$578$4K10x
Aevo COIN-PERP+0.0104%1h199.98+0.012%$11810xas long as short
BloFin COIN-USDT+0.0120%8h200.21+0.125%$199K$339K20xas long as short
Phoenix COIN+0.0237%1h200.30+0.170%$5K$250K10xas long as short
edgeX COINUSDC+0.0289%4h200.57+0.304%$52K$295K10xas long as short
tradeXYZ xyz:COIN+0.0463%1h200.03+0.035%$16.8M$12.7M10xas long as short