Spread before costs (cost unknown: a leg has no order-book sample)+0.010%
7d average—if it closes, per $10,000$1funding while held, a day−$1.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix COIN | 203.82 | 0.0157 | pay 0.0020% / 1h | 47m 33s | $3K | $250K | 10x |
| Short | Orderly PERP_COIN_USDC_mythos | 203.84 | 0.0100 | get 0.0100% / 8h | 5h 47m | $590 | $5K | 10x |
Phoenix COIN
Orderly PERP_COIN_USDC_mythosPrice 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
- $0.98
- Funding while held
- −$1.72
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.73
- Spread needed to break even
- 0.130%
Slippage unknown: Phoenix: live order book, 49 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0057%
- Per $10,000 a day
- −$1.72
- 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 Phoenix live order book, 49 min ago | 2.97 bp | 10.6 bp −$11 | 22.1 bp −$221 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective203.30cheapestOKX203.61+0.152%Vest203.65+0.172%Ondo Perps203.69+0.192%Bybit203.73+0.212%ApeX Omni203.75+0.221%Binance203.76+0.225%Polymarket Perps203.76+0.226%QFEX203.80+0.246%
Injective
OKX
Vest
Ondo Perps
Bybit
ApeX Omni
Binance
Polymarket Perps
QFEXPhoenix203.82+0.256%
SoDEX203.82+0.256%
SoDEXOrderly203.84+0.266%
Aevo203.85+0.272%BloFin203.86+0.275%Arcus203.89+0.290%edgeX203.89+0.292%KuCoin203.90+0.295%Aster203.90+0.296%Variational Omni203.91+0.298%Gate203.99+0.339%Extended203.99+0.342%Bitget204.00+0.344%tradeXYZ204.03+0.359%Lighter204.06+0.376%Lighter RH204.07+0.379%
Aevo
BloFin
Arcus
KuCoin
Aster
Variational Omni
Gate
Extended
Bitget
tradeXYZ
Lighter
Lighter RHCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.255% | −0.0440% | 1h | $40K | $77K | 30x | as long as short |
| OKX COIN-USDT-SWAP | −0.103% | 0.0000% | 8h | $3.3M | $4.6M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.083% | +0.0045% | 1h | — | $456K | 25x | as long as short |
| Ondo Perps COIN-USD.P | −0.064% | +0.0050% | 1h | $366K | $3.1M | 10x | as long as short |
| Bybit COINUSDT | −0.044% | 0.0000% | 8h | $5.0M | $5.6M | 50x | as long as short |
| ApeX Omni COINUSDT | −0.034% | +0.0100% | 1h | $92K | $632K | 50x | as long as short |
| Binance COINUSDT | −0.031% | 0.0000% | 8h | $15.8M | $72.0M | 20x | as long as short |
| Polymarket Perps COIN-USD | −0.029% | +0.0050% | 1h | $127K | $1.1M | 10x | as long as short |
| QFEX COIN-USD | −0.010% | +0.0036% | 1h | $1.4M | $3.5M | 10x | as long as short |
| Phoenix COINlong | 0.000% | +0.0157% | 1h | $3K | $250K | 10x |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX COIN-USD | 0.000% | +0.0050% | 1h | $88 | $3K | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.010% | +0.0100% | 8h | $590 | $5K | 10x | |
| Aevo COIN-PERP | +0.016% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.020% | +0.0120% | 8h | $204K | $316K | 20x | as long as short |
| Arcus COIN-USD | +0.034% | +0.0040% | 1h | $19K | $42K | 5x | as long as short |
| edgeX COINUSDC | +0.036% | +0.0472% | 4h | $53K | $291K | 10x | as long as short |
| KuCoin COINUSDTM | +0.039% | +0.0100% | 8h | $1.1M | $145K | 20x | as long as short |
| Aster COINUSDT | +0.040% | 0.0000% | 8h | $376K | $832K | 20x | as long as short |
| Variational Omni COIN | +0.042% | 0.0000% | 8h | $876K | $916K | — | as long as short |
| Gate COIN_USDT | +0.083% | 0.0000% | 8h | $1.3M | $6.5M | 50x | as long as short |
| Extended COIN_24_5-USD | +0.086% | 0.0000% | 1h | $101K | $429K | 10x | as long as short |
| Bitget COINUSDT | +0.088% | +0.0049% | 8h | $6.8M | $9.2M | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.103% | +0.0171% | 1h | $16.4M | $13.2M | 10x | as long as short |
| Lighter COIN | +0.120% | +0.0032% | 1h | $394K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.123% | +0.0032% | 1h | $449K | $1.9M | 10x | as long as short |