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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%
Price spread now: Binance against Bybit−0.049%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.425% of the position
Long on BybitShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days−0.088%−$9 on $10k
Price spread, last 2 days (all we have)+0.028%+$3 · spread now −0.049%, 7d avg −0.008%
Together, before fees−0.060%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit COINUSDT202.270get 0.0000% / 8h39m 20s$5.0M$5.9M50x
ShortBinance COINUSDT202.170get 0.0000% / 8h39m 20s$15.7M$76.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: −0.049% → −0.008%
−$4.1
Slippage, 4 orders
−$21.54
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$46.64
Costs to cover
0.425%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 3 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 Bybit live order book, 4 min ago2.72 bp13.0 bp −$1331.6 bp −$316doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.25 bp7.8 bp −$813.1 bp −$13150.7 bp −$5,065doesn'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%1h202.22−0.025%$45K$49K30xas long as short
Aster COINUSDT0.0000%8h202.270.000%$371K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h202.20−0.033%$119K$446K10xas long as short
Binance COINUSDTshort0.0000%8h202.17−0.049%$15.7M$76.6M20x
Bybit COINUSDTlong0.0000%8h202.27long leg$5.0M$5.9M50x
OKX COIN-USDT-SWAP0.0000%8h202.13−0.069%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h202.20−0.035%$1.3M$7.0M50xas long as short
Variational Omni COIN0.0000%8h202.32+0.027%$841K$1.1M—as long as short
GRVT COIN_USDT_Perp0.0000%8h202.35+0.040%$12K$2.0M10xas long as short
Bitget COINUSDT+0.0011%8h202.29+0.010%$6.9M$10.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h202.18−0.044%$1.4M$3.9M10xas long as short
Lighter RH COIN+0.0032%1h202.20−0.035%$434K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h202.31+0.020%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h202.13−0.069%—$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h202.14−0.064%$140K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h202.24−0.015%$77$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h202.16−0.054%$367K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.16−0.054%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.13−0.069%$91K$328K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h202.17−0.049%$585$4K10xas long as short
Aevo COIN-PERP+0.0104%1h202.24−0.016%$119—10xas long as short
BloFin COIN-USDT+0.0120%8h202.31+0.020%$199K$342K20xas long as short
Lighter COIN+0.0176%1h202.20−0.034%$377K$2.0M10xas long as short
Phoenix COIN+0.0238%1h202.32+0.025%$5K$279K10xas long as short
tradeXYZ xyz:COIN+0.0264%1h202.20−0.035%$16.5M$13.1M10xas long as short
edgeX COINUSDC+0.0280%4h202.29+0.010%$52K$293K10xas long as short