Funding you earn now, next payment 02:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Aevo against tradeXYZ−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Aevo is 0.025% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COIN | 197.69 | 0.0050 | pay 0.0006% / 1h | 12m 45s | $15.8M | $13.5M | 10x |
| Short | Aevo COIN-PERP | 197.64 | 0.0104 | get 0.0013% / 1h | 12m 45s | $117 | — | 10x |
tradeXYZ xyz:COIN
Aevo COIN-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.34
- Price spread: −0.025% → 0.000%
- −$2.47
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$25.13
- Costs to cover
- 0.340%
- Break-even
- 22.5 days
Slippage unknown: tradeXYZ: live order book, 6 min ago; Aevo: no order-book sample. Net counts fees only.
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 tradeXYZ live order book, 6 min ago | 0.76 bp | 11.4 bp −$11 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 on 25 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0589% | 8h | 197.84 | +0.076% | $6.4M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.87 | +0.091% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0063% | 8h | 197.71 | +0.010% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0054% | 1h | 197.34 | −0.177% | — | $290K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.78 | +0.047% | $365K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.63 | −0.028% | $117K | $693K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.68 | −0.005% | $14.8M | $77.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.70 | +0.005% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.68 | −0.005% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.68 | −0.006% | $819K | $921K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.71 | +0.008% | $20K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.81 | +0.061% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.64 | −0.027% | $378K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.63 | −0.030% | $437K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.85 | +0.081% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COINlong | +0.0050% | 1h | 197.69 | long leg | $15.8M | $13.5M | 10x | |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.62 | −0.035% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.68 | −0.005% | $95 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.75 | +0.030% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.67 | −0.010% | $995K | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.68 | −0.005% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.65 | −0.020% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERPshort | +0.0104% | 1h | 197.64 | −0.025% | $117 | — | 10x | |
| Phoenix COIN | +0.0160% | 1h | 197.69 | 0.000% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0904% | 4h | 197.66 | −0.015% | $51K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Phoenix COIN
edgeX COINUSDC