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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h 0.000%
Price spread now: Vest against Binance−0.093%7-day average +0.105% · 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)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.093%, 7d avg +0.105%
Together, before fees+0.130%+ Points / potential airdropVest: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.198% cheaper against Binance than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.105%). If the spread goes back, that is −$20 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.020% in total) that is about 35 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COINUSDT197.840get 0.0000% / 8h6h 14m$14.5M$76.5M20x
ShortVest COIN-USD-PERP197.660.0046get 0.0006% / 1h14m 03s$293K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: −0.093% → +0.105%
−$19.8
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$22.21
Costs to cover
0.120%
Break-even
23.2 days
Slippage unknown: Binance: live order book, 7 min ago; 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 Binance live order book, 7 min ago0.25 bp10.2 bp −$1022.0 bp −$22063.9 bp −$6,387doesn't fit
Sell Vest no order-book sample
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 exchanges

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%1h197.52−0.164%$17K$224K30xas long as short
Aster COINUSDT0.0000%8h197.87+0.011%$345K$868K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.74−0.055%$105K$856K10xas long as short
Binance COINUSDTlong0.0000%8h197.84long leg$14.5M$76.5M20x
Bybit COINUSDT0.0000%8h197.89+0.023%$4.6M$5.5M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.85+0.003%$3.1M$4.4M20xas long as short
Gate COIN_USDT0.0000%8h197.93+0.043%$1.2M$6.6M50xas long as short
Bitget COINUSDT0.0000%8h197.96+0.059%$6.4M$9.8M20xas long as short
Variational Omni COIN0.0000%8h198.00+0.080%$768K$921Kas long as short
GRVT COIN_USDT_Perp0.0000%8h198.26+0.210%$21K$3.1M10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter COIN+0.0032%1h197.80−0.024%$346K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.83−0.007%$481K$1.2M10xas long as short
QFEX COIN-USD+0.0036%1h197.82−0.012%$1.3M$2.6M10xas long as short
Arcus COIN-USD+0.0040%1h197.94+0.049%$17K$28K5xas long as short
Vest COIN-USD-PERPshort+0.0046%1h197.66−0.093%$293K25x
tradeXYZ xyz:COIN+0.0050%1h197.79−0.027%$14.8M$11.8M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.67−0.088%$136K$1.3M10xas long as short
SoDEX COIN-USD+0.0050%1h197.81−0.017%$99$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.80−0.022%$342K$2.1M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.82−0.012%$933K$230K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.92+0.038%$89K$272K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.81−0.017%$572$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.77−0.037%$11710xas long as short
BloFin COIN-USDT+0.0120%8h197.84−0.002%$191K$489K20xas long as short
Phoenix COIN+0.0121%1h197.94+0.049%$5K$257K10xas long as short
edgeX COINUSDC+0.0999%4h198.22+0.188%$51K$295K10xas long as short