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

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: SoDEX against Orderly−0.026%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.026% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_COIN_USDC_mythos195.320.0100pay 0.0100% / 8h7h 35m$565$4K10x
ShortSoDEX COIN-USD195.270.0050get 0.0006% / 1h35m 06s$77$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$10.5
Price spread: −0.026% → 0.000%
−$2.56
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$27.06
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell SoDEX no order-book sample
Orderly and 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
Injective COIN/USDC PERP−0.0440%1h194.87−0.230%$43K$40K30xas long as short
Bitget COINUSDT−0.0120%8h195.48+0.082%$6.3M$10.3M20xas long as short
Vest COIN-USD-PERP−0.0061%1h194.89−0.220%$324K25xas long as short
Aster COINUSDT0.0000%8h195.53+0.105%$341K$890K20xas long as short
Bybit COINUSDT0.0000%8h195.34+0.010%$4.7M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.30−0.010%$3.0M$4.6M20xas long as short
Gate COIN_USDT0.0000%8h195.38+0.031%$1.2M$6.8M50xas long as short
Variational Omni COIN0.0000%8h195.35+0.017%$658K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h195.57+0.128%$19K$3.0M10xas long as short
Lighter COIN+0.0032%1h195.25−0.038%$359K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH COIN+0.0032%1h195.24−0.041%$467K$1.3M10xas long as short
Extended COIN_24_5-USD+0.0032%1h195.28−0.021%$104K$860K10xas long as short
Binance COINUSDT+0.0035%8h195.36+0.020%$14.8M$81.5M20xas long as short
Arcus COIN-USD+0.0040%1h195.59+0.138%$17K$57K5xas long as short
QFEX COIN-USD+0.0047%1h195.38+0.031%$1.3M$2.8M10xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.26−0.031%$15.1M$12.7M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.12−0.102%$134K$1.4M10xas long as short
SoDEX COIN-USDshort+0.0050%1h195.27−0.026%$77$3K10x
Ondo Perps COIN-USD.P+0.0050%1h195.25−0.036%$430K$2.5M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.26−0.031%$983K$183K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.35+0.015%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythoslong+0.0100%8h195.32long leg$565$4K10x
Aevo COIN-PERP+0.0104%1h195.27−0.027%$11510xas long as short
BloFin COIN-USDT+0.0140%8h195.30−0.010%$187K$473K20xas long as short
Phoenix COIN+0.0164%1h195.41+0.046%$4K$283K10xas long as short
edgeX COINUSDC+0.0462%4h195.55+0.117%$50K$294K10xas long as short