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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0878%/8h= +96.2% APRpaid last 24h +0.195%
Price spread now: edgeX against Extended−0.034%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs+$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.652%+$65 on $10k
Price spread, last 3 days (all we have)+0.052%+$5 · spread now −0.034%, 7d avg +0.025%
Together, before fees+0.704%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$70 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.059% cheaper against Extended than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.025%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.652% in total) that is about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended COIN_24_5-USD201.670get 0.0000% / 1h47m 26s$121K$523K10x
ShortedgeX COINUSDC201.600.0878get 0.0439% / 4h3h 47m$52K$294K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
$184.48
Price spread: −0.034% → +0.025%
−$5.9
Slippage, 4 orders
−$25.04
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$139.54
Costs to cover
0.390%
Break-even
1.7 days
Slippage from Extended: live order book, 25 min ago; edgeX: live order book, 25 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 Extended live order book, 25 min ago1.24 bp8.9 bp −$969.7 bp −$697doesn't fitdoesn't fit
Sell edgeX live order book, 25 min ago5.45 bp10.3 bp −$1016.2 bp −$162doesn'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%1h201.52−0.076%$44K$48K30xas long as short
Aster COINUSDT0.0000%8h201.68+0.004%$370K$840K20xas long as short
Extended COIN_24_5-USDlong0.0000%1h201.67long leg$121K$523K10x
Binance COINUSDT0.0000%8h201.75+0.036%$15.8M$76.0M20xas long as short
Bybit COINUSDT0.0000%8h201.81+0.068%$5.1M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.80+0.063%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h201.71+0.018%$1.3M$6.8M50xas long as short
Bitget COINUSDT0.0000%8h201.78+0.053%$6.9M$9.7M20xas long as short
Variational Omni COIN0.0000%8h201.31−0.178%$839K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h201.69+0.007%$12K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0021%1h201.71+0.018%$1.4M$3.9M10xas long as short
Lighter RH COIN+0.0032%1h201.67−0.002%$434K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h201.72+0.023%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.55−0.061%$493K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h201.65−0.012%$16.6M$12.5M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.64−0.017%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.59−0.041%$98$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.41−0.131%$359K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h201.81+0.068%$1.0M$135K20xas long as short
ApeX Omni COINUSDT+0.0100%1h201.60−0.036%$91K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.63−0.022%$583$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.63−0.023%$11910xas long as short
BloFin COIN-USDT+0.0120%8h201.67−0.002%$199K$341K20xas long as short
Lighter COIN+0.0168%1h201.69+0.009%$376K$1.8M10xas long as short
Phoenix COIN+0.0237%1h201.59−0.041%$5K$279K10xas long as short
edgeX COINUSDCshort+0.0878%4h201.60−0.034%$52K$294K10x