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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Orderly+0.005%7-day average · you sell dearer than you buy
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 feesneeds 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_COIN_USDC_mythos197.820.0100pay 0.0100% / 8h5h 26m$572$4K10x
ShortBloFin COIN-USDT197.830.0120get 0.0120% / 8h5h 26m$195K$480K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
$4.2
Price spread: +0.005% → 0.000%
$0.51
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$13.29
Costs to cover
0.180%
Break-even
29.2 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 17 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 Orderly no order-book sample
Sell BloFin live order book, 17 min ago1.76 bp8.8 bp −$914.1 bp −$14134.1 bp −$3,408doesn't fit
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%1h197.72−0.051%$17K$224K30xas long as short
Aster COINUSDT0.0000%8h197.84+0.008%$344K$868K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.73−0.048%$106K$853K10xas long as short
Binance COINUSDT0.0000%8h197.79−0.015%$14.6M$75.0M20xas long as short
Bybit COINUSDT0.0000%8h197.84+0.010%$4.7M$5.4M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.72−0.051%$3.1M$4.3M20xas long as short
Gate COIN_USDT0.0000%8h197.86+0.020%$1.2M$6.5M50xas long as short
Bitget COINUSDT0.0000%8h197.80−0.010%$6.4M$9.5M20xas long as short
Variational Omni COIN0.0000%8h197.90+0.040%$782K$932Kas long as short
GRVT COIN_USDT_Perp0.0000%8h197.94+0.061%$10K$3.3M10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h197.72−0.051%$1.3M$2.5M10xas long as short
Lighter COIN+0.0032%1h197.72−0.051%$343K$1.9M10xas long as short
Lighter RH COIN+0.0032%1h197.70−0.061%$480K$1.1M10xas long as short
Arcus COIN-USD+0.0040%1h197.98+0.081%$20K$31K5xas long as short
Vest COIN-USD-PERP+0.0046%1h197.64−0.091%$275K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.68−0.071%$14.7M$11.4M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.64−0.091%$120K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.77−0.025%$103$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.75−0.035%$334K$2.1M10xas long as short
Phoenix COIN+0.0081%1h197.88+0.030%$5K$256K10xas long as short
KuCoin COINUSDTM+0.0100%8h197.820.000%$933K$265K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.91+0.045%$89K$272K50xas long as short
Orderly PERP_COIN_USDC_mythoslong+0.0100%8h197.82long leg$572$4K10x
Aevo COIN-PERP+0.0104%1h197.75−0.035%$11710xas long as short
BloFin COIN-USDTshort+0.0120%8h197.83+0.005%$195K$480K20x
edgeX COINUSDC+0.0789%4h197.93+0.054%$51K$292K10xas long as short