Funding arb · Price arb /

COIN

RWAall COIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h −0.055%

Price spread now: Vest against Gate−0.280%7-day average +0.105% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.009%−$1 on $10k

Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.280%, 7d avg +0.105%

Together, before fees+0.250%+ Points / potential airdropVest: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.385% cheaper against Gate than usual: you would sell low and buy high (spread −0.280% now, against its 7-day average of +0.105%). If the spread goes back, that is −$38 on $10k: about 11 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COIN_USDT	196.75	−0.0224	get 0.0224% / 8h	3h 14m	$1.2M	$7.3M	50x
Short	Vest COIN-USD-PERP	196.20	−0.0108	pay 0.0014% / 1h	14m 52s	—	$262K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee GatebpFee VestbpOrdersPrice spread, now −0.280%Rate

Funding earned: $24.28
Price spread: −0.280% → +0.105%: −$38.48
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$31.21
Costs to cover: 0.170%
Break-even: 16.0 days

Slippage unknown: Gate: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	6.10 bp	14.7 bp −$15	109.3 bp −$1,093	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget COINUSDT	−0.0724%	8h	196.83	+0.041%	$6.3M	$10.5M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	196.80	+0.025%	$43K	$48K	30x	as long as short
Gate COIN_USDTlong	−0.0224%	8h	196.75	long leg	$1.2M	$7.3M	50x
Vest COIN-USD-PERPshort	−0.0108%	1h	196.20	−0.280%	—	$262K	25x
Aster COINUSDT	0.0000%	8h	196.67	−0.040%	$343K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	196.71	−0.022%	$116K	$734K	10x	as long as short
Binance COINUSDT	0.0000%	8h	196.73	−0.010%	$14.7M	$80.4M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	196.71	−0.020%	$4.8M	$6.1M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	196.74	−0.005%	$3.0M	$4.7M	20x	as long as short
Variational Omni COIN	0.0000%	8h	196.64	−0.056%	$684K	$939K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	196.78	+0.015%	$11K	$2.5M	10x	as long as short
QFEX COIN-USD	+0.0020%	1h	196.77	+0.010%	$1.3M	$3.2M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	196.67	−0.041%	$455K	$1.5M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	196.78	+0.015%	$15K	$55K	5x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	196.66	−0.046%	$15.3M	$13.7M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	196.67	−0.041%	$133K	$1.2M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	196.70	−0.025%	$88	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	196.48	−0.137%	$350K	$2.7M	10x	as long as short
Lighter COIN	+0.0056%	1h	196.71	−0.019%	$385K	$2.1M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	196.67	−0.041%	$991K	$143K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	196.69	−0.030%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	196.72	−0.015%	$569	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	196.71	−0.020%	$116	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	196.78	+0.015%	$188K	$394K	20x	as long as short
Phoenix COIN	+0.0122%	1h	196.61	−0.071%	$4K	$283K	10x	as long as short
edgeX COINUSDC	+0.0778%	4h	196.79	+0.019%	$51K	$296K	10x	as long as short