After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.025%7d average+0.007%fees + slippage, in and out−$28spread needed0.282%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 203.37 | 0.0036 | pay 0.0005% / 1h | 36m 55s | $1.6M | $3.3M | 10x |
| Short | Polymarket Perps COIN-USD | 203.32 | 0.0050 | get 0.0006% / 1h | 36m 55s | $135K | $1.1M | 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
- −$2.46
- Funding while held
- $0.41
- Slippage, 4 orders
- −$10.24
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$30.29
- Spread needed to break even
- 0.282%
Slippage from QFEX: live order book, 3 min ago; Polymarket Perps: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0014%
- Per $10,000 a day
- +$0.41
- 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, 3 min ago | 1.72 bp | 7.1 bp −$7 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.95 bp | 7.1 bp −$7 | 8.1 bp −$81 | 10.9 bp −$1,088 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Phoenix COIN | −0.236% | +0.0118% | 1h | $2K | $225K | 10x | as long as short |
| Vest COIN-USD-PERP | −0.128% | +0.0037% | 1h | — | $444K | 25x | as long as short |
| Ondo Perps COIN-USD.P | −0.113% | +0.0050% | 1h | $366K | $3.0M | 10x | as long as short |
| ApeX Omni COINUSDT | −0.093% | +0.0100% | 1h | $166K | $588K | 50x | as long as short |
| edgeX COINUSDC | −0.063% | +0.0874% | 4h | $53K | $290K | 10x | as long as short |
| Variational Omni COIN | −0.061% | 0.0000% | 8h | $861K | $912K | — | as long as short |
| Injective COIN/USDC PERP | −0.049% | −0.0440% | 1h | $40K | $107K | 30x | as long as short |
| Polymarket Perps COIN-USDshort | −0.025% | +0.0050% | 1h | $135K | $1.1M | 10x | |
| Arcus COIN-USD | −0.020% | +0.0040% | 1h | $16K | $38K | 5x | as long as short |
| Aster COINUSDT | −0.006% | 0.0000% | 8h | $373K | $814K | 20x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX COIN-USDlong | 0.000% | +0.0036% | 1h | $1.6M | $3.3M | 10x | |
| Orderly PERP_COIN_USDC_mythos | +0.005% | +0.0100% | 8h | $588 | $5K | 10x | as long as short |
| KuCoin COINUSDTM | +0.010% | +0.0100% | 8h | $1.1M | $140K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.020% | +0.0050% | 1h | $16.5M | $13.3M | 10x | as long as short |
| Binance COINUSDT | +0.034% | 0.0000% | 8h | $15.8M | $67.5M | 20x | as long as short |
| Aevo COIN-PERP | +0.044% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| Lighter RH COIN | +0.049% | +0.0032% | 1h | $459K | $1.9M | 10x | as long as short |
| SoDEX COIN-USD | +0.049% | +0.0050% | 1h | $112 | $3K | 10x | as long as short |
| Bitget COINUSDT | +0.054% | +0.0025% | 8h | $6.8M | $8.7M | 20x | as long as short |
| Lighter COIN | +0.057% | +0.0032% | 1h | $404K | $2.2M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.061% | 0.0000% | 1h | $100K | $429K | 10x | as long as short |
| Gate COIN_USDT | +0.064% | 0.0000% | 8h | $1.5M | $5.7M | 50x | as long as short |
| Bybit COINUSDT | +0.069% | 0.0000% | 8h | $5.2M | $5.3M | 50x | as long as short |
| BloFin COIN-USDT | +0.079% | +0.0120% | 8h | $206K | $303K | 20x | as long as short |
| OKX COIN-USDT-SWAP | +0.113% | 0.0000% | 8h | $3.4M | $4.7M | 20x | as long as short |
Polymarket Perps COIN-USD
Phoenix
ApeX Omni
Variational Omni
Injective
Aster
KuCoin
tradeXYZ
Binance
Lighter RH
SoDEX
Bitget
Lighter
Extended
Gate
Bybit
BloFin
OKX