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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter RH−0.010%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH COIN198.700.0032pay 0.0004% / 1h3m 52s$483K$1.2M10x
ShortOrderly PERP_COIN_USDC_mythos198.680.0100get 0.0100% / 8h6h 03m$575$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Lighter RH. 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
$14.28
Price spread: −0.010% → 0.000%
−$1.01
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$7.27
Costs to cover
0.060%
Break-even
3.4 days
Slippage unknown: Lighter RH: live order book, 2 min ago; Orderly: 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 Lighter RH live order book, 2 min ago3.02 bp4.3 bp −$412.3 bp −$123doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 exchanges

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%1h197.52−0.594%$17K$224K30xas long as short
Aster COINUSDT0.0000%8h198.27−0.216%$345K$868K20xas long as short
Extended COIN_24_5-USD0.0000%1h198.48−0.112%$105K$851K10xas long as short
Binance COINUSDT0.0000%8h198.50−0.101%$14.6M$76.2M20xas long as short
Bybit COINUSDT0.0000%8h198.52−0.091%$4.7M$5.5M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h198.52−0.091%$3.1M$4.4M20xas long as short
Gate COIN_USDT0.0000%8h198.56−0.070%$1.2M$6.7M50xas long as short
Bitget COINUSDT0.0000%8h198.57−0.065%$6.4M$9.8M20xas long as short
Variational Omni COIN0.0000%8h198.78+0.039%$769K$921Kas long as short
GRVT COIN_USDT_Perp0.0000%8h198.24−0.229%$12K$3.2M10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter COIN+0.0032%1h198.70+0.002%$347K$2.0M10xas long as short
Lighter RH COINlong+0.0032%1h198.70long leg$483K$1.2M10x
QFEX COIN-USD+0.0036%1h198.72+0.010%$1.3M$2.6M10xas long as short
Arcus COIN-USD+0.0040%1h198.82+0.060%$17K$28K5xas long as short
Vest COIN-USD-PERP+0.0046%1h198.68−0.010%$293K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h198.35−0.176%$14.8M$11.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h198.83+0.065%$137K$1.3M10xas long as short
SoDEX COIN-USD+0.0050%1h198.700.000%$93$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h198.51−0.096%$343K$2.1M10xas long as short
KuCoin COINUSDTM+0.0100%8h198.39−0.156%$935K$240K20xas long as short
ApeX Omni COINUSDT+0.0100%1h198.47−0.116%$89K$272K50xas long as short
Orderly PERP_COIN_USDC_mythosshort+0.0100%8h198.68−0.010%$575$4K10x
Aevo COIN-PERP+0.0104%1h198.69−0.006%$11710xas long as short
BloFin COIN-USDT+0.0120%8h198.57−0.065%$194K$491K20xas long as short
Phoenix COIN+0.0121%1h198.71+0.005%$5K$257K10xas long as short
edgeX COINUSDC+0.0796%4h198.12−0.292%$51K$294K10xas long as short