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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.013%
Price spread now: Aster against QFEX+0.001%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1371.368% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.001%, 7d avg +0.005%
Together, before fees−0.164%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX COIN-USD196.360.0020pay 0.0002% / 1h7m 05s$1.3M$3.1M10x
ShortAster COINUSDT196.360get 0.0000% / 8h3h 07m$343K$890K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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
−$4.18
Price spread: +0.001% → +0.005%
−$0.35
Slippage, 4 orders
−$118.81
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$141.34
Costs to cover
1.368%
Break-even
never at this rate
Slippage from QFEX: live order book, 6 min ago; Aster: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago1.02 bp6.0 bp −$66.5 bp −$65doesn't fitdoesn't fit
Sell Aster live order book, 46 min ago52.17 bp59.7 bp −$60178.0 bp −$1,780doesn't fitdoesn't fit

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
Bitget COINUSDT−0.0733%8h196.55+0.097%$6.2M$10.5M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.32−0.020%$43K$48K30xas long as short
Gate COIN_USDT−0.0227%8h196.50+0.071%$1.2M$7.3M50xas long as short
Vest COIN-USD-PERP−0.0110%1h195.75−0.311%$262K25xas long as short
Aster COINUSDTshort0.0000%8h196.36+0.001%$343K$890K20x
Extended COIN_24_5-USD0.0000%1h196.40+0.020%$116K$845K10xas long as short
Binance COINUSDT0.0000%8h196.50+0.072%$14.6M$80.4M20xas long as short
Bybit COINUSDT0.0000%8h196.45+0.046%$4.8M$6.1M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.46+0.051%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h196.37+0.004%$682K$939Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.32−0.018%$20K$2.5M10xas long as short
QFEX COIN-USDlong+0.0020%1h196.36long leg$1.3M$3.1M10x
Lighter RH COIN+0.0032%1h196.40+0.020%$454K$1.5M10xas long as short
Lighter COIN+0.0040%1h196.45+0.044%$380K$2.1M10xas long as short
Arcus COIN-USD+0.0040%1h196.51+0.076%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.35−0.005%$15.3M$13.7M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.35−0.005%$133K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h196.37+0.005%$83$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.21−0.076%$350K$2.7M10xas long as short
KuCoin COINUSDTM+0.0100%8h196.31−0.025%$989K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h196.26−0.051%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.41+0.025%$568$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.39+0.014%$11610xas long as short
BloFin COIN-USDT+0.0120%8h196.49+0.066%$188K$393K20xas long as short
Phoenix COIN+0.0122%1h196.37+0.005%$4K$283K10xas long as short
edgeX COINUSDC+0.0805%4h196.360.000%$51K$295K10xas long as short