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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h +0.166%
Price spread now: edgeX against OKX+0.036%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.623%+$62 on $10k
Price spread, last 3 days (all we have)−0.025%−$3 · spread now +0.036%, 7d avg −0.009%
Together, before fees+0.598%+ Points / potential airdropedgeX: Active · farm board+$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.045% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX COIN-USDT-SWAP201.990get 0.0000% / 8h13m 02s$3.3M$4.7M20x
ShortedgeX COINUSDC202.060.0147get 0.0073% / 4h13m 02s$52K$295K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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
$30.84
Price spread: +0.036% → −0.009%
$4.48
Slippage, 4 orders
−$22.38
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$6.06
Costs to cover
0.414%
Break-even
8.4 days
Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 65 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 OKX live order book, 5 min ago1.24 bp12.7 bp −$1324.6 bp −$246doesn't fitdoesn't fit
Sell edgeX live order book, 65 min ago5.45 bp10.5 bp −$1116.6 bp −$166doesn'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%1h201.55−0.218%$44K$49K30xas long as short
Aster COINUSDT0.0000%8h202.03+0.017%$370K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.92−0.035%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h201.94−0.027%$15.7M$76.6M20xas long as short
Bybit COINUSDT0.0000%8h201.97−0.010%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAPlong0.0000%8h201.99long leg$3.3M$4.7M20x
Gate COIN_USDT0.0000%8h201.97−0.010%$1.3M$7.0M50xas long as short
Bitget COINUSDT0.0000%8h202.02+0.015%$6.9M$10.1M20xas long as short
Variational Omni COIN0.0000%8h202.06+0.033%$840K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h201.91−0.040%$12K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h201.85−0.069%$1.4M$4.0M10xas long as short
Lighter RH COIN+0.0032%1h201.94−0.025%$435K$1.8M10xas long as short
Lighter COIN+0.0040%1h201.94−0.023%$377K$2.0M10xas long as short
Arcus COIN-USD+0.0040%1h202.10+0.054%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.93−0.030%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.85−0.069%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.95−0.020%$85$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.69−0.149%$361K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.06+0.035%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.11+0.059%$91K$310K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.98−0.005%$584$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.92−0.035%$11910xas long as short
tradeXYZ xyz:COIN+0.0112%1h201.91−0.040%$16.6M$13.2M10xas long as short
BloFin COIN-USDT+0.0120%8h201.97−0.010%$200K$342K20xas long as short
edgeX COINUSDCshort+0.0147%4h202.06+0.036%$52K$295K10x
Phoenix COIN+0.0238%1h201.85−0.069%$5K$279K10xas long as short