Spread before costs (cost unknown: a leg has no order-book sample)+0.582%
7d average—if it closes, per $10,000$58funding while held, a day+$1.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 206.06 | 0.0066 | pay 0.0008% / 1h | 28m 53s | $1.4M | $2.9M | 10x |
| Short | Orderly PERP_COIN_USDC_mythos | 207.26 | 0.0100 | get 0.0100% / 8h | 2h 28m | $2K | $1K | 10x |
Price 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
- $58.24
- Funding while held
- $1.02
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $43.26
- Spread needed to break even
- 0.160%
Slippage unknown: QFEX: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0034%
- Per $10,000 a day
- +$1.02
- 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 QFEX live order book, 6 min ago | 1.48 bp | 6.5 bp −$6 | 8.0 bp −$80 | 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.COIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni COIN | −1.099% | +0.0175% | 8h | $919K | $755K | — | as long as short |
| edgeX COINUSDC | −1.026% | +0.0891% | 4h | $54K | $281K | 10x | as long as short |
| Phoenix COIN | −1.000% | +0.0351% | 1h | $3K | $71K | 10x | as long as short |
| Injective COIN/USDC PERP | −0.684% | −0.0440% | 1h | $42K | $138K | 30x | as long as short |
| ApeX Omni COINUSDT | −0.626% | +0.0100% | 1h | $168K | $477K | 50x | as long as short |
| KuCoin COINUSDTM | −0.345% | +0.0187% | 8h | $1.1M | $134K | 20x | as long as short |
| OKX COIN-USDT-SWAP | −0.194% | +0.0187% | 8h | $3.8M | $3.2M | 20x | as long as short |
| QFEX COIN-USDlong | 0.000% | +0.0066% | 1h | $1.4M | $2.9M | 10x | |
| Vest COIN-USD-PERP | +0.029% | +0.0046% | 1h | — | $372K | 25x | as long as short |
| Bybit COINUSDT | +0.126% | +0.0129% | 8h | $5.5M | $3.1M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus COIN-USD | +0.126% | +0.0040% | 1h | $17K | $40K | 5x | as long as short |
| Polymarket Perps COIN-USD | +0.165% | +0.0092% | 1h | $201K | $807K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.238% | +0.0050% | 1h | $507K | $2.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.398% | +0.0058% | 1h | $134 | $3K | 10x | as long as short |
| Binance COINUSDT | +0.400% | +0.0256% | 8h | $17.0M | $42.2M | 20x | as long as short |
| Gate COIN_USDT | +0.471% | 0.0000% | 8h | $1.6M | $4.1M | 50x | as long as short |
| Lighter RH COIN | +0.514% | +0.0032% | 1h | $569K | $1.6M | 10x | as long as short |
| Lighter COIN | +0.546% | +0.0216% | 1h | $451K | $1.9M | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.582% | +0.0100% | 8h | $2K | $1K | 10x | |
| Extended COIN_24_5-USD | +0.603% | +0.0256% | 1h | $107K | $398K | 10x | as long as short |
| Bitget COINUSDT | +0.631% | +0.0111% | 8h | $7.1M | $6.2M | 20x | as long as short |
| Aster COINUSDT | +0.632% | 0.0000% | 8h | $615K | $341K | 20x | as long as short |
| BloFin COIN-USDT | +0.650% | +0.0376% | 8h | $229K | $235K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.699% | +0.0257% | 1h | $17.7M | $10.7M | 10x | as long as short |
| Aevo COIN-PERP | +0.743% | +0.0104% | 1h | $122 | — | 10x | as long as short |
Variational Omni
Phoenix
Injective
ApeX Omni
KuCoin
OKX
Bybit
Polymarket Perps
SoDEX
Binance
Gate
Lighter RH
Lighter
Extended
Bitget
Aster
BloFin
tradeXYZ