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

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%
Price spread now: SoDEX against OKX−0.051%46s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.051% cheaper against OKX than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.4 days of funding at the current rate (+$2 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX COIN-USDT-SWAP196.030get 0.0000% / 8h1h 24m$3.0M$4.7M20x
ShortSoDEX COIN-USD195.930.0050get 0.0006% / 1h24m 29s$80$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$10.5
Price spread: −0.051% → 0.000%
−$5.1
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$12.6
Costs to cover
0.180%
Break-even
15.4 days
Slippage unknown: OKX: live order book, 3 min ago; SoDEX: 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 OKX live order book, 3 min ago1.53 bp9.5 bp −$1029.2 bp −$292doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COINUSDT−0.0693%8h196.00−0.015%$6.3M$10.6M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.60−0.219%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0099%1h195.34−0.352%$322K25xas long as short
Aster COINUSDT0.0000%8h195.72−0.158%$341K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h195.83−0.101%$116K$790K10xas long as short
Binance COINUSDT0.0000%8h195.89−0.071%$15.0M$82.2M20xas long as short
Bybit COINUSDT0.0000%8h195.90−0.066%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAPlong0.0000%8h196.03long leg$3.0M$4.7M20x
Gate COIN_USDT0.0000%8h195.87−0.082%$1.2M$7.4M50xas long as short
Variational Omni COIN0.0000%8h195.90−0.066%$711K$973Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.71−0.163%$12K$2.7M10xas long as short
Lighter RH COIN+0.0032%1h195.79−0.122%$461K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h195.82−0.107%$15K$54K5xas long as short
QFEX COIN-USD+0.0045%1h195.85−0.092%$1.3M$2.9M10xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.74−0.148%$15.2M$13.2M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.77−0.133%$130K$1.4M10xas long as short
SoDEX COIN-USDshort+0.0050%1h195.93−0.051%$80$3K10x
Ondo Perps COIN-USD.P+0.0050%1h195.67−0.184%$444K$2.8M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.71−0.163%$986K$136K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.53−0.255%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.93−0.051%$567$4K10xas long as short
Aevo COIN-PERP+0.0104%1h195.95−0.042%$11610xas long as short
Lighter COIN+0.0112%1h195.81−0.114%$364K$2.3M10xas long as short
BloFin COIN-USDT+0.0120%8h195.99−0.020%$187K$425K20xas long as short
Phoenix COIN+0.0163%1h195.47−0.286%$4K$283K10xas long as short
edgeX COINUSDC+0.0357%4h195.66−0.189%$50K$294K10xas long as short