Spread before costs (cost unknown: a leg has no order-book sample)−0.035%
7d average—if it closes, per $10,000$4funding while held, a day−$1.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo COIN-PERP | 202.71 | 0.0104 | pay 0.0013% / 1h | 45m 40s | $120 | — | 10x |
| Short | Polymarket Perps COIN-USD | 202.64 | 0.0050 | get 0.0006% / 1h | 45m 40s | $134K | $1.1M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.5
- Funding while held
- −$1.62
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$29.12
- Spread needed to break even
- 0.240%
Slippage unknown: Aevo: no order-book sample; Polymarket Perps: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0054%
- Per $10,000 a day
- −$1.62
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 4 min ago | 2.46 bp | 6.5 bp −$6 | 6.8 bp −$68 | 9.8 bp −$978 | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.COIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | −0.158% | +0.0023% | 1h | — | $452K | 25x | as long as short |
| Binance COINUSDT | −0.040% | 0.0000% | 8h | $15.7M | $69.0M | 20x | as long as short |
| Extended COIN_24_5-USD | −0.036% | 0.0000% | 1h | $100K | $428K | 10x | as long as short |
| QFEX COIN-USD | −0.035% | +0.0039% | 1h | $1.4M | $3.5M | 10x | as long as short |
| Polymarket Perps COIN-USDshort | −0.035% | +0.0050% | 1h | $134K | $1.1M | 10x | |
| Arcus COIN-USD | −0.030% | +0.0040% | 1h | $19K | $41K | 5x | as long as short |
| ApeX Omni COINUSDT | −0.030% | +0.0100% | 1h | $91K | $639K | 50x | as long as short |
| tradeXYZ xyz:COIN | −0.020% | +0.0136% | 1h | $16.4M | $13.2M | 10x | as long as short |
| Bybit COINUSDT | −0.020% | +0.0021% | 8h | $5.2M | $5.3M | 50x | as long as short |
| Aster COINUSDT | −0.019% | 0.0000% | 8h | $372K | $815K | 20x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX COIN-USD | −0.015% | +0.0050% | 1h | $94 | $3K | 10x | as long as short |
| Lighter RH COIN | −0.010% | +0.0032% | 1h | $447K | $1.9M | 10x | as long as short |
| OKX COIN-USDT-SWAP | −0.010% | 0.0000% | 8h | $3.4M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | −0.010% | 0.0000% | 8h | $1.5M | $5.8M | 50x | as long as short |
| Bitget COINUSDT | −0.005% | +0.0054% | 8h | $6.8M | $8.8M | 20x | as long as short |
| Aevo COIN-PERPlong | 0.000% | +0.0104% | 1h | $120 | — | 10x | |
| Lighter COIN | +0.001% | +0.0088% | 1h | $403K | $2.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.004% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.009% | +0.0100% | 8h | $586 | $5K | 10x | as long as short |
| BloFin COIN-USDT | +0.014% | +0.0120% | 8h | $206K | $310K | 20x | as long as short |
| Variational Omni COIN | +0.020% | 0.0000% | 8h | $867K | $912K | — | as long as short |
| Phoenix COIN | +0.024% | +0.0157% | 1h | $2K | $238K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.034% | +0.0050% | 1h | $371K | $3.0M | 10x | as long as short |
| Injective COIN/USDC PERP | +0.034% | −0.0440% | 1h | $40K | $105K | 30x | as long as short |
| edgeX COINUSDC | +0.058% | +0.0534% | 4h | $53K | $291K | 10x | as long as short |
Polymarket Perps COIN-USD
Binance
Extended
ApeX Omni
tradeXYZ
Bybit
Aster
SoDEX
Lighter RH
OKX
Gate
Bitget
Lighter
KuCoin
BloFin
Variational Omni
Phoenix
Injective