data as of
Settings8H · net · $10k
Funding arb /

COIN

RWAall COIN markets
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Funding spread now, next payment 16:00 UTC−0.0086%/8h
next payment, per $10,000$0.11paid, last 24h−0.035%paid, last 7 days−0.204%to open and close $10k−$25
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix COIN203.300.0118pay 0.0015% / 1h34m 20s$3K$225K10x
ShortLighter COIN203.320.0032get 0.0004% / 1h34m 20s$403K$2.2M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$18.06
Slippage, 4 orders
−$17.66
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
−$42.72
Break-even
never at this rate
Slippage from Phoenix: live order book, 7 min ago; Lighter: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.012%
Avg gap 7d
−0.035%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 7 min ago2.95 bp10.5 bp −$1122.2 bp −$222doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.81 bp2.4 bp −$25.2 bp −$52doesn't fitdoesn't fit

COIN on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective COIN/USDC PERP−0.0440%1h$40K$107K30xas long as short
Aster COINUSDT0.0000%8h$372K$814K20xas long as short
Extended COIN_24_5-USD0.0000%1h$100K$429K10xas long as short
Binance COINUSDT0.0000%8h$15.8M$67.5M20xas long as short
Bybit COINUSDT0.0000%8h$5.2M$5.3M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h$3.4M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h$1.5M$5.7M50xas long as short
Variational Omni COIN0.0000%8h$862K$914Kas long as short
Bitget COINUSDT+0.0026%8h$6.8M$8.7M20xas long as short
Lighter COINshort+0.0032%1h$403K$2.2M10x
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter RH COIN+0.0032%1h$459K$1.9M10xas long as short
Vest COIN-USD-PERP+0.0034%1h$444K25xas long as short
QFEX COIN-USD+0.0036%1h$1.6M$3.3M10xas long as short
Arcus COIN-USD+0.0040%1h$16K$38K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h$16.5M$13.3M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h$135K$1.1M10xas long as short
SoDEX COIN-USD+0.0050%1h$109$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h$369K$3.0M10xas long as short
KuCoin COINUSDTM+0.0100%8h$1.1M$140K20xas long as short
ApeX Omni COINUSDT+0.0100%1h$166K$588K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h$588$5K10xas long as short
Aevo COIN-PERP+0.0104%1h$12010xas long as short
Phoenix COINlong+0.0118%1h$3K$225K10x
BloFin COIN-USDT+0.0120%8h$205K$303K20xas long as short
edgeX COINUSDC+0.0874%4h$53K$290K10xas long as short