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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.017%
Price spread now: Orderly against QFEX+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
LongQFEX COIN-USD199.510.0028pay 0.0003% / 1h57m 21s$1.4M$3.7M10x
ShortOrderly PERP_COIN_USDC_mythos199.530.0100get 0.0100% / 8h6h 57m$577$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$15.2
Price spread: +0.010% → 0.000%
$1
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$0.21
Costs to cover
0.160%
Break-even
6.9 days
Slippage unknown: QFEX: live order book, 11 min ago; Orderly: 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 QFEX live order book, 11 min ago1.49 bp6.5 bp −$68.2 bp −$82doesn't fitdoesn't fit
Sell Orderly no order-book sample
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%1h199.60+0.045%$44K$48K30xas long as short
Aster COINUSDT0.0000%8h199.74+0.113%$366K$840K20xas long as short
Extended COIN_24_5-USD0.0000%1h199.43−0.043%$119K$705K10xas long as short
Binance COINUSDT0.0000%8h199.51+0.001%$15.5M$75.4M20xas long as short
Bybit COINUSDT0.0000%8h199.48−0.015%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h199.55+0.020%$3.2M$4.4M20xas long as short
Gate COIN_USDT0.0000%8h199.76+0.125%$1.3M$6.7M50xas long as short
Bitget COINUSDT0.0000%8h199.63+0.060%$6.8M$9.1M20xas long as short
Variational Omni COIN0.0000%8h200.23+0.361%$830K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h200.08+0.284%$16K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USDlong+0.0028%1h199.51long leg$1.4M$3.7M10x
Lighter RH COIN+0.0032%1h199.57+0.030%$426K$1.4M10xas long as short
Arcus COIN-USD+0.0040%1h200.13+0.311%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h199.23−0.140%$286K25xas long as short
Lighter COIN+0.0048%1h199.59+0.040%$397K$2.0M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h199.49−0.010%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h199.44−0.035%$103$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h199.87+0.180%$355K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h199.74+0.115%$1.0M$120K20xas long as short
ApeX Omni COINUSDT+0.0100%1h199.88+0.185%$90K$287K50xas long as short
Orderly PERP_COIN_USDC_mythosshort+0.0100%8h199.53+0.010%$577$4K10x
Aevo COIN-PERP+0.0104%1h199.40−0.057%$11810xas long as short
BloFin COIN-USDT+0.0120%8h200.02+0.256%$199K$375K20xas long as short
Phoenix COIN+0.0237%1h200.30+0.396%$5K$250K10xas long as short
tradeXYZ xyz:COIN+0.0238%1h199.510.000%$16.4M$13.1M10xas long as short
edgeX COINUSDC+0.0986%4h200.01+0.250%$52K$296K10xas long as short