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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: SoDEX against Orderly+0.010%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_COIN_USDC_mythos195.490.0100pay 0.0100% / 8h3m 11s$565$4K10x
ShortSoDEX COIN-USD195.510.0050get 0.0006% / 1h3m 11s$78$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$10.5
Price spread: +0.010% → 0.000%
$1.02
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$23.48
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell SoDEX no order-book sample
Orderly 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 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%1h195.58+0.046%$43K$48K30xas long as short
Bitget COINUSDT−0.0329%8h195.76+0.138%$6.3M$10.5M20xas long as short
Vest COIN-USD-PERP−0.0049%1h195.08−0.210%$326K25xas long as short
Aster COINUSDT0.0000%8h195.40−0.046%$341K$890K20xas long as short
Bybit COINUSDT0.0000%8h195.57+0.041%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.54+0.026%$3.0M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h195.62+0.066%$1.2M$7.4M50xas long as short
Variational Omni COIN0.0000%8h195.48−0.006%$668K$1.0Mas long as short
GRVT COIN_USDT_Perp+0.0002%8h195.50+0.005%$15K$2.9M10xas long as short
Binance COINUSDT+0.0028%8h195.58+0.048%$15.0M$82.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH COIN+0.0032%1h195.50+0.005%$465K$1.5M10xas long as short
Extended COIN_24_5-USD+0.0032%1h195.50+0.003%$104K$860K10xas long as short
Arcus COIN-USD+0.0040%1h195.73+0.123%$17K$58K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.45−0.020%$15.1M$12.9M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.45−0.020%$134K$1.4M10xas long as short
SoDEX COIN-USDshort+0.0050%1h195.51+0.010%$78$3K10x
Ondo Perps COIN-USD.P+0.0050%1h195.43−0.031%$449K$2.8M10xas long as short
QFEX COIN-USD+0.0065%1h195.53+0.020%$1.3M$2.9M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.37−0.061%$984K$150K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.33−0.082%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythoslong+0.0100%8h195.49long leg$565$4K10x
Lighter COIN+0.0104%1h195.50+0.006%$363K$2.3M10xas long as short
Aevo COIN-PERP+0.0104%1h195.54+0.024%$11510xas long as short
BloFin COIN-USDT+0.0112%8h195.62+0.066%$187K$435K20xas long as short
Phoenix COIN+0.0163%1h195.42−0.036%$4K$283K10xas long as short
edgeX COINUSDC+0.0459%4h195.46−0.013%$50K$295K10xas long as short