Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average—if it closes, per $10,000$1funding while held, a day+$2.13
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COIN-USD | 203.03 | 0.0050 | pay 0.0006% / 1h | 18m 52s | $108 | $3K | 10x |
| Short | tradeXYZ xyz:COIN | 203.06 | 0.0121 | get 0.0015% / 1h | 18m 52s | $17.1M | $12.3M | 10x |
SoDEX COIN-USD
tradeXYZ xyz:COINPrice 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
- $1.48
- Funding while held
- $2.13
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$22.39
- Spread needed to break even
- 0.260%
Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0071%
- Per $10,000 a day
- +$2.13
- 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 tradeXYZ live order book, 11 min ago | 0.73 bp | 10.1 bp −$10 | 12.3 bp −$123 | doesn't fit | 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.Lighter RH202.99cheapest
Lighter RHSoDEX203.03+0.020%
Aster203.03+0.020%
AstertradeXYZ203.06+0.034%
Lighter203.07+0.041%BloFin203.08+0.044%Aevo203.14+0.076%Orderly203.15+0.079%Polymarket Perps203.16+0.084%Vest203.21+0.108%QFEX203.30+0.153%Extended203.36+0.180%KuCoin203.37+0.187%Gate203.41+0.207%Ondo Perps203.43+0.217%Arcus203.45+0.227%Bybit203.57+0.286%Binance203.62+0.311%OKX203.67+0.335%Bitget203.72+0.360%Injective204.15+0.571%Phoenix204.61+0.798%ApeX Omni205.10+1.039%Variational Omni205.22+1.098%edgeX205.52+1.247%
Lighter
BloFin
Aevo
Orderly
Polymarket Perps
Vest
QFEX
Extended
KuCoin
Gate
Ondo Perps
Arcus
Bybit
Binance
OKX
Bitget
Injective
Phoenix
ApeX Omni
Variational OmniCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH COIN | −0.020% | +0.0032% | 1h | $510K | $1.9M | 10x | as long as short |
| SoDEX COIN-USDlong | 0.000% | +0.0050% | 1h | $108 | $3K | 10x | |
| Aster COINUSDT | 0.000% | 0.0000% | 8h | $406K | $778K | 20x | as long as short |
| tradeXYZ xyz:COINshort | +0.015% | +0.0121% | 1h | $17.1M | $12.3M | 10x | |
| Lighter COIN | +0.021% | +0.0104% | 1h | $397K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.025% | +0.0232% | 8h | $209K | $278K | 20x | as long as short |
| Aevo COIN-PERP | +0.057% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.059% | +0.0100% | 8h | $588 | $4K | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.064% | +0.0050% | 1h | $149K | $1.1M | 10x | as long as short |
| Vest COIN-USD-PERP | +0.089% | +0.0046% | 1h | — | $416K | 25x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.133% | +0.0033% | 1h | $1.5M | $3.1M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.160% | +0.0112% | 1h | $101K | $427K | 10x | as long as short |
| KuCoin COINUSDTM | +0.167% | +0.0111% | 8h | $1.1M | $139K | 20x | as long as short |
| Gate COIN_USDT | +0.187% | 0.0000% | 8h | $1.5M | $5.4M | 50x | as long as short |
| Ondo Perps COIN-USD.P | +0.197% | +0.0050% | 1h | $473K | $2.8M | 10x | as long as short |
| Arcus COIN-USD | +0.207% | +0.0040% | 1h | $16K | $43K | 5x | as long as short |
| Bybit COINUSDT | +0.266% | +0.0056% | 8h | $5.2M | $4.8M | 50x | as long as short |
| Binance COINUSDT | +0.291% | +0.0112% | 8h | $16.2M | $59.4M | 20x | as long as short |
| OKX COIN-USDT-SWAP | +0.315% | +0.0051% | 8h | $3.4M | $4.5M | 20x | as long as short |
| Bitget COINUSDT | +0.340% | +0.0037% | 8h | $6.9M | $7.6M | 20x | as long as short |
| Injective COIN/USDC PERP | +0.552% | −0.0440% | 1h | $41K | $132K | 30x | as long as short |
| Phoenix COIN | +0.778% | +0.0235% | 1h | $3K | $162K | 10x | as long as short |
| ApeX Omni COINUSDT | +1.020% | +0.0100% | 1h | $168K | $584K | 50x | as long as short |
| Variational Omni COIN | +1.078% | +0.0047% | 8h | $921K | $806K | — | as long as short |
| edgeX COINUSDC | +1.227% | +0.0857% | 4h | $53K | $288K | 10x | as long as short |