Spread before costs (cost unknown: a leg has no order-book sample)+0.625%
7d average+0.024%if it closes, per $10,000$62funding while held, a day+$2.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 203.31 | 0.0050 | pay 0.0006% / 1h | 18m 08s | $473K | $2.8M | 10x |
| Short | tradeXYZ xyz:COIN | 204.58 | 0.0125 | get 0.0016% / 1h | 18m 08s | $17.3M | $12.5M | 10x |
Ondo Perps COIN-USD.P
tradeXYZ xyz:COINPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $62.47
- Funding while held
- $2.25
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $41.72
- Spread needed to break even
- 0.230%
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0075%
- Per $10,000 a day
- +$2.25
- Average in range /8h
- —
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 12 min ago | 0.73 bp | 10.1 bp −$10 | 12.3 bp −$123 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.BloFin203.08cheapest
BloFinOndo Perps203.31+0.113%
Vest204.06+0.483%Arcus204.12+0.512%Injective204.15+0.527%QFEX204.27+0.586%Polymarket Perps204.41+0.655%Aster204.51+0.705%KuCoin204.54+0.719%Gate204.55+0.724%
Vest
Arcus
Injective
QFEX
Polymarket Perps
Aster
KuCoin
GatetradeXYZ204.58+0.739%
Extended204.58+0.739%Orderly204.59+0.744%Lighter RH204.61+0.753%Bitget204.61+0.753%Phoenix204.61+0.753%Bybit204.62+0.758%OKX204.62+0.758%SoDEX204.62+0.758%Lighter204.64+0.768%Aevo204.68+0.787%Binance204.69+0.793%ApeX Omni205.10+0.995%Variational Omni205.22+1.053%edgeX205.52+1.202%
Extended
Orderly
Lighter RH
Bitget
Phoenix
Bybit
OKX
SoDEX
Lighter
Aevo
Binance
ApeX Omni
Variational OmniCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin COIN-USDT | −0.113% | +0.0232% | 8h | $209K | $278K | 20x | as long as short |
| Ondo Perps COIN-USD.Plong | 0.000% | +0.0050% | 1h | $473K | $2.8M | 10x | |
| Vest COIN-USD-PERP | +0.369% | +0.0046% | 1h | — | $426K | 25x | as long as short |
| Arcus COIN-USD | +0.398% | +0.0040% | 1h | $16K | $43K | 5x | as long as short |
| Injective COIN/USDC PERP | +0.413% | −0.0440% | 1h | $41K | $132K | 30x | as long as short |
| QFEX COIN-USD | +0.472% | +0.0033% | 1h | $1.6M | $3.1M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.541% | +0.0050% | 1h | $147K | $1.1M | 10x | as long as short |
| Aster COINUSDT | +0.591% | 0.0000% | 8h | $409K | $778K | 20x | as long as short |
| KuCoin COINUSDTM | +0.605% | +0.0113% | 8h | $1.1M | $139K | 20x | as long as short |
| Gate COIN_USDT | +0.610% | 0.0000% | 8h | $1.5M | $5.4M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:COINshort | +0.625% | +0.0125% | 1h | $17.3M | $12.5M | 10x | |
| Extended COIN_24_5-USD | +0.625% | +0.0112% | 1h | $101K | $427K | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.630% | +0.0100% | 8h | $592 | $4K | 10x | as long as short |
| Lighter RH COIN | +0.639% | +0.0032% | 1h | $516K | $1.9M | 10x | as long as short |
| Bitget COINUSDT | +0.639% | +0.0037% | 8h | $6.9M | $7.6M | 20x | as long as short |
| Phoenix COIN | +0.639% | +0.0235% | 1h | $3K | $162K | 10x | as long as short |
| Bybit COINUSDT | +0.644% | +0.0057% | 8h | $5.3M | $4.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | +0.644% | +0.0050% | 8h | $3.4M | $4.6M | 20x | as long as short |
| SoDEX COIN-USD | +0.644% | +0.0050% | 1h | $109 | $3K | 10x | as long as short |
| Lighter COIN | +0.654% | +0.0128% | 1h | $431K | $2.4M | 10x | as long as short |
| Aevo COIN-PERP | +0.673% | +0.0104% | 1h | $121 | — | 10x | as long as short |
| Binance COINUSDT | +0.679% | +0.0111% | 8h | $16.2M | $59.6M | 20x | as long as short |
| ApeX Omni COINUSDT | +0.880% | +0.0100% | 1h | $168K | $584K | 50x | as long as short |
| Variational Omni COIN | +0.939% | +0.0047% | 8h | $921K | $806K | — | as long as short |
| edgeX COINUSDC | +1.087% | +0.0857% | 4h | $53K | $288K | 10x | as long as short |