Spread before costs (cost unknown: a leg has no order-book sample)−0.069%
7d average—if it closes, per $10,000$7funding while held, a day+$2.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COIN-USD | 202.57 | 0.0050 | pay 0.0006% / 1h | 3m 19s | $89 | $3K | 10x |
| Short | BloFin COIN-USDT | 202.43 | 0.0120 | get 0.0120% / 8h | 5h 03m | $204K | $324K | 20x |
SoDEX COIN-USD
BloFin COIN-USDTPrice 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
- −$6.91
- Funding while held
- $2.1
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.81
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 25 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0070%
- Per $10,000 a day
- +$2.10
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 25 min ago | 0.25 bp | 7.0 bp −$7 | 13.4 bp −$134 | 31.9 bp −$3,191 | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni202.28cheapestVest202.35+0.035%Variational Omni202.37+0.043%
ApeX Omni
Vest
Variational OmniBloFin202.43+0.074%
Injective202.44+0.079%Polymarket Perps202.49+0.104%tradeXYZ202.50+0.109%Aster202.51+0.114%OKX202.52+0.119%Gate202.53+0.124%Aevo202.55+0.132%Lighter RH202.56+0.138%Arcus202.56+0.138%Lighter202.56+0.140%Orderly202.57+0.143%
Injective
Polymarket Perps
tradeXYZ
Aster
OKX
Gate
Aevo
Lighter RH
Arcus
Lighter
OrderlySoDEX202.57+0.143%
edgeX202.57+0.144%Extended202.57+0.146%Binance202.58+0.148%Bybit202.59+0.153%Ondo Perps202.59+0.153%Bitget202.59+0.153%Phoenix202.61+0.163%QFEX202.63+0.173%KuCoin202.63+0.173%
Extended
Binance
Bybit
Ondo Perps
Bitget
Phoenix
QFEX
KuCoinCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni COINUSDT | −0.143% | +0.0100% | 1h | $91K | $630K | 50x | as long as short |
| Vest COIN-USD-PERP | −0.109% | +0.0046% | 1h | — | $479K | 25x | as long as short |
| Variational Omni COIN | −0.100% | 0.0000% | 8h | $870K | $917K | — | as long as short |
| BloFin COIN-USDTshort | −0.069% | +0.0120% | 8h | $204K | $324K | 20x | |
| Injective COIN/USDC PERP | −0.064% | −0.0440% | 1h | $40K | $77K | 30x | as long as short |
| Polymarket Perps COIN-USD | −0.039% | +0.0050% | 1h | $131K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:COIN | −0.035% | +0.0173% | 1h | $16.6M | $13.5M | 10x | as long as short |
| Aster COINUSDT | −0.030% | 0.0000% | 8h | $373K | $835K | 20x | as long as short |
| OKX COIN-USDT-SWAP | −0.025% | 0.0000% | 8h | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | −0.020% | 0.0000% | 8h | $1.3M | $6.6M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo COIN-PERP | −0.012% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| Lighter RH COIN | −0.005% | +0.0032% | 1h | $450K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | −0.005% | +0.0040% | 1h | $19K | $42K | 5x | as long as short |
| Lighter COIN | −0.003% | +0.0072% | 1h | $387K | $2.2M | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | 0.000% | +0.0100% | 8h | $586 | $5K | 10x | as long as short |
| SoDEX COIN-USDlong | 0.000% | +0.0050% | 1h | $89 | $3K | 10x | |
| edgeX COINUSDC | +0.001% | +0.0538% | 4h | $52K | $292K | 10x | as long as short |
| Extended COIN_24_5-USD | +0.002% | 0.0000% | 1h | $100K | $429K | 10x | as long as short |
| Binance COINUSDT | +0.005% | 0.0000% | 8h | $15.6M | $73.4M | 20x | as long as short |
| Bybit COINUSDT | +0.010% | 0.0000% | 8h | $5.0M | $5.7M | 50x | as long as short |
| Ondo Perps COIN-USD.P | +0.010% | +0.0050% | 1h | $372K | $3.1M | 10x | as long as short |
| Bitget COINUSDT | +0.010% | +0.0088% | 8h | $6.8M | $9.3M | 20x | as long as short |
| Phoenix COIN | +0.020% | +0.0157% | 1h | $3K | $250K | 10x | as long as short |
| QFEX COIN-USD | +0.030% | +0.0036% | 1h | $1.4M | $3.6M | 10x | as long as short |
| KuCoin COINUSDTM | +0.030% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |