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+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against Aster−0.136%49s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.136% cheaper against Aster than usual: you would sell low and buy high (spread −0.136% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.3 days of funding at the current rate (+$3 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COINUSDT197.270get 0.0000% / 8h3h 46m$344K$890K20x
ShortAevo COIN-PERP197.000.0104get 0.0013% / 1h46m 40s$11610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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
$21.84
Price spread: −0.136% → 0.000%
−$13.57
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$15.73
Costs to cover
0.240%
Break-even
12.0 days
Slippage unknown: Aster: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago52.17 bp65.1 bp −$65doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COINUSDT−0.0678%8h197.09−0.091%$6.2M$10.4M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.96−0.156%$43K$48K30xas long as short
Gate COIN_USDT−0.0220%8h197.05−0.111%$1.2M$7.3M50xas long as short
Vest COIN-USD-PERP−0.0111%1h196.49−0.395%$266K25xas long as short
Aster COINUSDTlong0.0000%8h197.27long leg$344K$890K20x
Extended COIN_24_5-USD0.0000%1h196.93−0.170%$117K$692K10xas long as short
Binance COINUSDT0.0000%8h196.99−0.144%$14.7M$79.9M20xas long as short
Bybit COINUSDT0.0000%8h197.04−0.116%$4.8M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.12−0.075%$3.1M$4.6M20xas long as short
Variational Omni COIN0.0000%8h197.21−0.030%$681K$935Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.03−0.123%$14K$2.3M10xas long as short
QFEX COIN-USD+0.0020%1h197.00−0.136%$1.3M$3.2M10xas long as short
Lighter RH COIN+0.0032%1h196.91−0.182%$451K$1.5M10xas long as short
edgeX COINUSDC+0.0038%4h197.03−0.123%$51K$295K10xas long as short
Arcus COIN-USD+0.0040%1h197.22−0.025%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.87−0.202%$15.4M$13.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.98−0.146%$134K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h196.95−0.162%$82$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.86−0.207%$353K$2.7M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.03−0.121%$993K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h196.82−0.227%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.08−0.096%$570$4K10xas long as short
Aevo COIN-PERPshort+0.0104%1h197.00−0.136%$11610x
BloFin COIN-USDT+0.0120%8h197.02−0.126%$187K$393K20xas long as short
Phoenix COIN+0.0122%1h197.05−0.111%$5K$283K10xas long as short
Lighter COIN+0.0200%1h196.96−0.159%$340K$2.0M10xas long as short