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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against Binance−0.003%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.003%, 7d avg +0.003%
Together, before fees+0.120%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COINUSDT196.580get 0.0000% / 8h2h 06m$15.1M$82.6M20x
ShortBybit COINUSDT196.570get 0.0000% / 8h2h 06m$4.7M$6.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
$0
Price spread: −0.003% → +0.003%
−$0.56
Slippage, 4 orders
−$16.92
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$38.48
Costs to cover
0.379%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.25 bp8.4 bp −$816.7 bp −$16753.3 bp −$5,333doesn't fit
Sell Bybit live order book, 1 min ago1.27 bp12.8 bp −$1336.4 bp −$364172.5 bp −$17.3Kdoesn't fit

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−0.0753%8h196.68+0.053%$6.4M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.49−0.043%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0109%1h195.93−0.328%$289K25xas long as short
Gate COIN_USDT−0.0077%8h196.62+0.023%$1.2M$7.4M50xas long as short
Aster COINUSDT0.0000%8h196.42−0.081%$343K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.55−0.015%$112K$854K10xas long as short
Binance COINUSDTlong0.0000%8h196.58long leg$15.1M$82.6M20x
Bybit COINUSDTshort0.0000%8h196.57−0.003%$4.7M$6.3M50x
OKX COIN-USDT-SWAP0.0000%8h196.53−0.023%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h196.45−0.066%$713K$961Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.51−0.032%$11K$2.6M10xas long as short
Lighter RH COIN+0.0032%1h196.45−0.064%$458K$1.5M10xas long as short
QFEX COIN-USD+0.0038%1h196.57−0.003%$1.3M$3.0M10xas long as short
Arcus COIN-USD+0.0040%1h196.51−0.033%$15K$54K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.40−0.089%$15.3M$13.9M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.46−0.059%$128K$1.4M10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.29−0.145%$451K$2.9M10xas long as short
SoDEX COIN-USD+0.0062%1h196.51−0.033%$90$3K10xas long as short
Phoenix COIN+0.0082%1h196.47−0.053%$4K$283K10xas long as short
KuCoin COINUSDTM+0.0100%8h196.24−0.170%$989K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h196.38−0.099%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.54−0.018%$568$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.55−0.013%$11610xas long as short
Lighter COIN+0.0112%1h196.44−0.067%$380K$2.3M10xas long as short
BloFin COIN-USDT+0.0120%8h196.57−0.003%$186K$422K20xas long as short
edgeX COINUSDC+0.0687%4h196.40−0.089%$51K$294K10xas long as short