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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Ondo Perps−0.061%7-day average +0.057% · 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 7 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.061%, 7d avg +0.057%
Together, before fees+0.172%+ Points / potential airdropOndo Perps: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.118% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.057%). If the spread goes back, that is −$12 on $10k: about 7.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COIN-USD.P197.050.0050pay 0.0006% / 1h7m 33s$349K$2.7M10x
ShortApeX Omni COINUSDT196.930.0100get 0.0013% / 1h7m 33s$89K$287K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. 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
$10.42
Price spread: −0.061% → +0.057%
−$11.76
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$16.34
Costs to cover
0.150%
Break-even
18.0 days
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 50 min ago. 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 Ondo Perps no order-book sample
Sell ApeX Omni live order book, 50 min ago2.79 bp7.9 bp −$813.4 bp −$134doesn't fitdoesn't fit
Ondo Perps: 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−0.0748%8h197.30+0.127%$6.3M$10.3M20xas long as short
Injective COIN/USDC PERP−0.0440%1h197.050.000%$43K$48K30xas long as short
Gate COIN_USDT−0.0213%8h197.20+0.076%$1.2M$7.3M50xas long as short
Vest COIN-USD-PERP−0.0109%1h196.61−0.223%$271K25xas long as short
Aster COINUSDT0.0000%8h197.17+0.061%$345K$885K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.14+0.045%$117K$692K10xas long as short
Binance COINUSDT0.0000%8h197.15+0.051%$14.8M$79.5M20xas long as short
Bybit COINUSDT0.0000%8h197.21+0.081%$4.8M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.19+0.071%$3.0M$4.6M20xas long as short
Variational Omni COIN0.0000%8h197.03−0.011%$680K$935Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.06+0.007%$11K$2.3M10xas long as short
QFEX COIN-USD+0.0013%1h197.18+0.066%$1.3M$3.2M10xas long as short
Lighter COIN+0.0032%1h197.06+0.007%$347K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.06+0.005%$449K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h197.22+0.086%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.18+0.066%$15.5M$13.5M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.02−0.015%$134K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.18+0.066%$67$3K10xas long as short
Ondo Perps COIN-USD.Plong+0.0050%1h197.05long leg$349K$2.7M10x
edgeX COINUSDC+0.0073%4h197.03−0.011%$51K$294K10xas long as short
KuCoin COINUSDTM+0.0100%8h197.02−0.015%$992K$143K20xas long as short
ApeX Omni COINUSDTshort+0.0100%1h196.93−0.061%$89K$287K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.02−0.015%$570$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.06+0.006%$11610xas long as short
BloFin COIN-USDT+0.0120%8h197.26+0.107%$188K$393K20xas long as short
Phoenix COIN+0.0121%1h197.00−0.025%$4K$281K10xas long as short