Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h −0.010%
Price spread now: Aevo against tradeXYZ+0.067%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.067% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COIN | 195.75 | 0.0050 | pay 0.0006% / 1h | 30m 59s | $15.1M | $13.0M | 10x |
| Short | Aevo COIN-PERP | 195.88 | 0.0104 | get 0.0013% / 1h | 30m 59s | $116 | — | 10x |
tradeXYZ xyz:COIN
Aevo COIN-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.34
- Price spread: +0.067% → 0.000%
- $6.73
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$15.93
- Costs to cover
- 0.340%
- Break-even
- 16.8 days
Slippage unknown: tradeXYZ: live order book, 8 min ago; Aevo: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 8 min ago | 0.76 bp | 10.7 bp −$11 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.85 | +0.051% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0342% | 8h | 196.08 | +0.169% | $6.4M | $10.6M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0043% | 1h | 195.47 | −0.143% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.79 | +0.023% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.87 | +0.060% | $106K | $861K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.92 | +0.087% | $15.0M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.91 | +0.082% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.87 | +0.061% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.97 | +0.112% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.93 | +0.090% | $712K | $974K | — | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.86 | +0.054% | $22K | $2.8M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 195.85 | +0.054% | $362K | $2.3M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.84 | +0.046% | $463K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.11 | +0.184% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COINlong | +0.0050% | 1h | 195.75 | long leg | $15.1M | $13.0M | 10x | |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.82 | +0.036% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.89 | +0.072% | $100 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.76 | +0.005% | $445K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.93 | +0.092% | $1.3M | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.80 | +0.026% | $986K | $137K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.77 | +0.010% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.92 | +0.087% | $567 | $4K | 10x | as long as short |
| Aevo COIN-PERPshort | +0.0104% | 1h | 195.88 | +0.067% | $116 | — | 10x | |
| BloFin COIN-USDT | +0.0120% | 8h | 195.96 | +0.107% | $187K | $436K | 20x | as long as short |
| edgeX COINUSDC | +0.0120% | 4h | 195.93 | +0.092% | $50K | $296K | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.80 | +0.026% | $4K | $283K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
BloFin COIN-USDT
edgeX COINUSDC
Phoenix COIN