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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.045%
Price spread now: Vest against BloFin−0.331%7-day average +0.118% · 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 3 days (all we have)−0.086%−$9 on $10k
Price spread, last 4 days (all we have)+0.431%+$43 · spread now −0.331%, 7d avg +0.118%
Together, before fees+0.345%+ Points / potential airdropVest: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Vest is 0.449% cheaper against BloFin than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of +0.118%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COIN-USDT196.510.0120pay 0.0120% / 8h2h 10m$187K$421K20x
ShortVest COIN-USD-PERP195.86−0.0110pay 0.0014% / 1h10m 13s$289K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$48.37
Price spread: −0.331% → +0.118%
−$44.88
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$107.25
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 15 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 BloFin live order book, 15 min ago0.51 bp8.4 bp −$812.3 bp −$123doesn't fitdoesn'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 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−0.0813%8h196.68+0.087%$6.4M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.17−0.173%$43K$48K30xas long as short
Vest COIN-USD-PERPshort−0.0110%1h195.86−0.331%$289K25x
Gate COIN_USDT−0.0076%8h196.68+0.087%$1.2M$7.4M50xas long as short
Aster COINUSDT0.0000%8h196.38−0.065%$343K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.46−0.023%$112K$854K10xas long as short
Binance COINUSDT0.0000%8h196.52+0.007%$15.1M$82.6M20xas long as short
Bybit COINUSDT0.0000%8h196.52+0.005%$4.7M$6.3M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.60+0.046%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h196.45−0.033%$713K$961Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.99−0.265%$11K$2.6M10xas long as short
Lighter RH COIN+0.0032%1h196.44−0.036%$458K$1.5M10xas long as short
QFEX COIN-USD+0.0038%1h196.47−0.020%$1.3M$3.0M10xas long as short
Arcus COIN-USD+0.0040%1h196.27−0.122%$15K$54K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.37−0.071%$15.3M$13.9M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.36−0.076%$128K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h196.53+0.010%$93$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.29−0.112%$450K$2.9M10xas long as short
Phoenix COIN+0.0082%1h195.83−0.346%$4K$283K10xas long as short
edgeX COINUSDC+0.0094%4h196.19−0.161%$51K$294K10xas long as short
KuCoin COINUSDTM+0.0100%8h196.22−0.148%$989K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h196.02−0.249%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.53+0.010%$568$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.53+0.010%$11610xas long as short
Lighter COIN+0.0112%1h196.49−0.009%$380K$2.3M10xas long as short
BloFin COIN-USDTlong+0.0120%8h196.51long leg$187K$421K20x