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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h +0.142%
Price spread now: edgeX against BloFin+0.002%101s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.428%+$43 on $10k
Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.002%, 7d avg −0.004%
Together, before fees+0.500%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COIN-USDT202.060.0120pay 0.0120% / 8h13m 26s$200K$342K20x
ShortedgeX COINUSDC202.060.0147get 0.0073% / 4h13m 26s$52K$295K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
$5.64
Price spread: +0.002% → −0.004%
$0.6
Slippage, 4 orders
−$18.22
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$32.98
Costs to cover
0.392%
Break-even
47.9 days
Slippage from BloFin: live order book, 61 min ago; edgeX: live order book, 65 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 BloFin live order book, 61 min ago0.99 bp8.6 bp −$914.2 bp −$14232.1 bp −$3,209doesn't fit
Sell edgeX live order book, 65 min ago5.45 bp10.5 bp −$1116.6 bp −$166doesn't fitdoesn'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
Injective COIN/USDC PERP−0.0440%1h201.54−0.257%$44K$49K30xas long as short
Aster COINUSDT0.0000%8h202.06+0.002%$371K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.93−0.062%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h201.95−0.054%$15.7M$76.6M20xas long as short
Bybit COINUSDT0.0000%8h201.94−0.059%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.99−0.035%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h201.96−0.049%$1.3M$7.0M50xas long as short
Bitget COINUSDT0.0000%8h201.99−0.035%$6.9M$10.1M20xas long as short
Variational Omni COIN0.0000%8h202.06−0.002%$840K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h201.91−0.074%$12K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h201.85−0.104%$1.4M$4.0M10xas long as short
Lighter RH COIN+0.0032%1h201.95−0.054%$435K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h202.10+0.020%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.93−0.064%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.85−0.104%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h202.03−0.015%$84$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.69−0.183%$361K$3.3M10xas long as short
Lighter COIN+0.0056%1h201.95−0.052%$377K$2.0M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.05−0.005%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.11+0.025%$91K$310K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h202.05−0.005%$584$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.99−0.035%$11910xas long as short
tradeXYZ xyz:COIN+0.0114%1h201.91−0.074%$16.6M$13.2M10xas long as short
BloFin COIN-USDTlong+0.0120%8h202.06long leg$200K$342K20x
edgeX COINUSDCshort+0.0147%4h202.06+0.002%$52K$295K10x
Phoenix COIN+0.0238%1h201.85−0.104%$5K$279K10xas long as short