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

COIN

RWAall COIN markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.0068%/8h
next payment, per $10,000+$0.09paid, last 24h+0.023%paid, last 7 days+0.146%to open and close $10k−$35
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps COIN-USD203.320.0050pay 0.0006% / 1h37m 06s$135K$1.1M10x
ShortPhoenix COIN202.890.0118get 0.0015% / 1h37m 06s$2K$225K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$14.28
Slippage, 4 orders
−$20.08
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$20.8
Break-even
17.2 days
Slippage from Polymarket Perps: live order book, 2 min ago; Phoenix: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.211%
Avg gap 7d
+0.022%
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 Polymarket Perps live order book, 2 min ago2.95 bp7.0 bp −$77.2 bp −$7219.0 bp −$1,898doesn't fit
Sell Phoenix live order book, 5 min ago2.95 bp10.5 bp −$1122.2 bp −$222doesn'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$861K$912Kas long as short
Bitget COINUSDT+0.0025%8h$6.8M$8.7M20xas long as short
Lighter COIN+0.0032%1h$404K$2.2M10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter RH COIN+0.0032%1h$459K$1.9M10xas long as short
QFEX COIN-USD+0.0036%1h$1.6M$3.3M10xas long as short
Vest COIN-USD-PERP+0.0037%1h$444K25xas 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-USDlong+0.0050%1h$135K$1.1M10x
SoDEX COIN-USD+0.0050%1h$112$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h$366K$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 COINshort+0.0118%1h$2K$225K10x
BloFin COIN-USDT+0.0120%8h$206K$303K20xas long as short
edgeX COINUSDC+0.0874%4h$53K$290K10xas long as short