Spread before costs (cost unknown: a leg has no order-book sample)−0.103%
7d average—if it closes, per $10,000$10funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COIN | 204.71 | 0 | get 0.0000% / 8h | 28m 51s | $867K | $880K | — |
| Short | SoDEX COIN-USD | 204.50 | 0.0050 | get 0.0006% / 1h | 28m 51s | $109 | $3K | 10x |
Variational Omni COIN
SoDEX COIN-USDPrice 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
- −$10.29
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$16.79
- Spread needed to break even
- 0.080%
Slippage unknown: Variational Omni: RFQ quote, 22 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 Variational Omni RFQ quote, 22 min ago | 3.86 bp | doesn't fit | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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.OKX204.24cheapesttradeXYZ204.40+0.078%Extended204.42+0.086%Bitget204.42+0.088%BloFin204.42+0.088%Vest204.44+0.098%Lighter204.46+0.107%Arcus204.47+0.113%KuCoin204.47+0.113%Gate204.48+0.118%Lighter RH204.49+0.122%
OKX
tradeXYZ
Extended
Bitget
BloFin
Vest
Lighter
Arcus
KuCoin
Gate
Lighter RHSoDEX204.50+0.127%
Binance204.50+0.128%Ondo Perps204.51+0.132%QFEX204.52+0.137%Polymarket Perps204.52+0.137%Bybit204.55+0.152%Orderly204.61+0.181%Aevo204.61+0.183%Aster204.62+0.185%ApeX Omni204.68+0.215%Injective204.71+0.230%
Binance
Ondo Perps
QFEX
Polymarket Perps
Bybit
Orderly
Aevo
Aster
ApeX Omni
InjectiveVariational Omni204.71+0.230%
Phoenix204.77+0.259%edgeX204.80+0.273%
PhoenixCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX COIN-USDT-SWAP | −0.230% | 0.0000% | 8h | $3.4M | $4.7M | 20x | as long as short |
| tradeXYZ xyz:COIN | −0.152% | +0.0050% | 1h | $16.5M | $13.1M | 10x | as long as short |
| Extended COIN_24_5-USD | −0.144% | +0.0024% | 1h | $101K | $427K | 10x | as long as short |
| Bitget COINUSDT | −0.142% | +0.0002% | 8h | $6.9M | $8.0M | 20x | as long as short |
| BloFin COIN-USDT | −0.142% | +0.0090% | 8h | $213K | $291K | 20x | as long as short |
| Vest COIN-USD-PERP | −0.132% | +0.0046% | 1h | — | $427K | 25x | as long as short |
| Lighter COIN | −0.123% | +0.0032% | 1h | $413K | $2.4M | 10x | as long as short |
| Arcus COIN-USD | −0.118% | +0.0040% | 1h | $16K | $42K | 5x | as long as short |
| KuCoin COINUSDTM | −0.118% | +0.0100% | 8h | $1.1M | $139K | 20x | as long as short |
| Gate COIN_USDT | −0.113% | 0.0000% | 8h | $1.5M | $5.6M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH COIN | −0.108% | +0.0032% | 1h | $472K | $2.0M | 10x | as long as short |
| SoDEX COIN-USDshort | −0.103% | +0.0050% | 1h | $109 | $3K | 10x | |
| Binance COINUSDT | −0.102% | +0.0020% | 8h | $16.0M | $64.8M | 20x | as long as short |
| Ondo Perps COIN-USD.P | −0.098% | +0.0050% | 1h | $375K | $2.9M | 10x | as long as short |
| QFEX COIN-USD | −0.093% | +0.0029% | 1h | $1.6M | $3.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | −0.093% | +0.0050% | 1h | $134K | $1.1M | 10x | as long as short |
| Bybit COINUSDT | −0.078% | +0.0018% | 8h | $5.2M | $5.1M | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | −0.049% | +0.0100% | 8h | $592 | $5K | 10x | as long as short |
| Aevo COIN-PERP | −0.047% | +0.0104% | 1h | $121 | — | 10x | as long as short |
| Aster COINUSDT | −0.045% | 0.0000% | 8h | $408K | $780K | 20x | as long as short |
| ApeX Omni COINUSDT | −0.015% | +0.0100% | 1h | $167K | $587K | 50x | as long as short |
| Injective COIN/USDC PERP | 0.000% | −0.0440% | 1h | $41K | $107K | 30x | as long as short |
| Variational Omni COINlong | 0.000% | 0.0000% | 8h | $867K | $880K | — | |
| Phoenix COIN | +0.029% | +0.0156% | 1h | $3K | $207K | 10x | as long as short |
| edgeX COINUSDC | +0.042% | +0.0853% | 4h | $53K | $291K | 10x | as long as short |