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+0.0127%/8h= +13.9% APRpaid last 24h −0.020%
Price spread now: tradeXYZ against Gate−0.076%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.662% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.015%−$2 · spread now −0.076%, 7d avg −0.078%
Together, before fees−0.026%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate COIN_USDT196.62−0.0077get 0.0077% / 8h2h 07m$1.2M$7.4M50x
ShorttradeXYZ xyz:COIN196.470.0050get 0.0006% / 1h7m 26s$15.3M$13.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Gate. 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
$26.67
Price spread: −0.076% → −0.078%
$0.21
Slippage, 4 orders
−$33.23
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$39.35
Costs to cover
0.662%
Break-even
17.3 days
Slippage from Gate: live order book, 1 min ago; tradeXYZ: live order book, 12 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 Gate live order book, 1 min ago3.31 bp22.6 bp −$23138.6 bp −$1,386doesn't fitdoesn't fit
Sell tradeXYZ live order book, 12 min ago0.26 bp12.1 bp −$1217.9 bp −$179doesn'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
Bitget COINUSDT−0.0768%8h196.69+0.036%$6.4M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.48−0.071%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0110%1h195.96−0.336%$289K25xas long as short
Gate COIN_USDTlong−0.0077%8h196.62long leg$1.2M$7.4M50x
Aster COINUSDT0.0000%8h196.41−0.107%$343K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.50−0.059%$112K$854K10xas long as short
Binance COINUSDT0.0000%8h196.59−0.013%$15.1M$82.6M20xas long as short
Bybit COINUSDT0.0000%8h196.55−0.036%$4.7M$6.3M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.54−0.041%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h196.45−0.089%$713K$961Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.51−0.055%$11K$2.6M10xas long as short
Lighter RH COIN+0.0032%1h196.45−0.086%$458K$1.5M10xas long as short
QFEX COIN-USD+0.0038%1h196.50−0.061%$1.3M$3.0M10xas long as short
Arcus COIN-USD+0.0040%1h196.48−0.071%$15K$54K5xas long as short
tradeXYZ xyz:COINshort+0.0050%1h196.47−0.076%$15.3M$13.8M10x
Polymarket Perps COIN-USD+0.0050%1h196.44−0.092%$128K$1.4M10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.32−0.153%$450K$2.9M10xas long as short
SoDEX COIN-USD+0.0060%1h196.47−0.076%$90$3K10xas long as short
Phoenix COIN+0.0082%1h196.47−0.076%$4K$283K10xas long as short
KuCoin COINUSDTM+0.0100%8h196.25−0.188%$989K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h196.38−0.122%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.54−0.041%$568$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.50−0.059%$11610xas long as short
Lighter COIN+0.0112%1h196.47−0.074%$380K$2.3M10xas long as short
BloFin COIN-USDT+0.0120%8h196.50−0.061%$186K$422K20xas long as short
edgeX COINUSDC+0.0687%4h196.40−0.112%$51K$294K10xas long as short