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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0111%/8h= −12.2% APRnext payment $0.14 per $10,000 · paid last 24h −0.017%
Price spread now: Vest against SoDEX−0.261%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.261% cheaper against SoDEX than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX COIN-USD195.340.0050pay 0.0006% / 1h34m 11s$74$3K10x
ShortVest COIN-USD-PERP194.83−0.0061pay 0.0008% / 1h34m 11s$324K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against SoDEX. 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
−$23.34
Price spread: −0.261% → 0.000%
−$26.11
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$59.44
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Vest: 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 SoDEX no order-book sample
Sell Vest no order-book sample
SoDEX and Vest: 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%1h194.87−0.241%$43K$40K30xas long as short
Bitget COINUSDT−0.0111%8h195.45+0.056%$6.3M$10.3M20xas long as short
Vest COIN-USD-PERPshort−0.0061%1h194.83−0.261%$324K25x
Aster COINUSDT0.0000%8h195.57+0.115%$341K$890K20xas long as short
Bybit COINUSDT0.0000%8h195.44+0.051%$4.7M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.50+0.082%$3.0M$4.6M20xas long as short
Gate COIN_USDT0.0000%8h195.35+0.005%$1.2M$6.8M50xas long as short
Variational Omni COIN0.0000%8h195.35+0.007%$658K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h195.57+0.118%$19K$3.0M10xas long as short
Lighter COIN+0.0032%1h195.31−0.015%$359K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH COIN+0.0032%1h195.30−0.020%$467K$1.3M10xas long as short
Extended COIN_24_5-USD+0.0032%1h195.29−0.026%$104K$860K10xas long as short
Binance COINUSDT+0.0033%8h195.36+0.012%$14.8M$81.5M20xas long as short
Arcus COIN-USD+0.0040%1h195.52+0.092%$17K$57K5xas long as short
QFEX COIN-USD+0.0047%1h195.27−0.036%$1.3M$2.8M10xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.20−0.072%$15.1M$12.7M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.13−0.108%$134K$1.4M10xas long as short
SoDEX COIN-USDlong+0.0050%1h195.34long leg$74$3K10x
Ondo Perps COIN-USD.P+0.0050%1h195.25−0.046%$430K$2.5M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.29−0.026%$983K$184K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.35+0.005%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.340.000%$565$4K10xas long as short
Aevo COIN-PERP+0.0104%1h195.40+0.032%$11510xas long as short
BloFin COIN-USDT+0.0140%8h195.30−0.020%$187K$473K20xas long as short
Phoenix COIN+0.0164%1h195.41+0.036%$4K$283K10xas long as short
edgeX COINUSDC+0.0462%4h195.55+0.106%$50K$294K10xas long as short