Spread before costs (cost unknown: a leg has no order-book sample)+0.082%
7d average−0.083%if it closes, per $10,000$8funding while held, a day−$0.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest COIN-USD-PERP | 202.69 | 0.0021 | pay 0.0003% / 1h | 25m 10s | — | $456K | 25x |
| Short | Binance COINUSDT | 202.86 | 0 | get 0.0000% / 8h | 6h 25m | $15.7M | $70.3M | 20x |
Vest COIN-USD-PERP
Binance COINUSDTPrice 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
- $8.19
- Funding while held
- −$0.64
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4.45
- Spread needed to break even
- 0.120%
Slippage unknown: Vest: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0021%
- Per $10,000 a day
- −$0.64
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.50 bp | 7.9 bp −$8 | 15.6 bp −$156 | 40.7 bp −$4,069 | doesn't fit |
Vest: 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 Omni202.31cheapestedgeX202.57+0.128%Ondo Perps202.61+0.148%Phoenix202.68+0.183%
ApeX Omni
Ondo Perps
PhoenixVest202.69+0.188%
Injective202.75+0.217%Variational Omni202.76+0.223%Arcus202.77+0.227%tradeXYZ202.82+0.252%
Injective
Variational Omni
Arcus
tradeXYZBinance202.86+0.270%
Bybit202.86+0.272%Aster202.87+0.277%Polymarket Perps202.87+0.277%Gate202.88+0.282%Lighter202.90+0.291%Lighter RH202.90+0.292%QFEX202.90+0.292%Orderly202.90+0.292%SoDEX202.90+0.292%Aevo202.90+0.292%OKX202.91+0.297%Bitget202.91+0.297%Extended202.93+0.308%BloFin202.94+0.311%KuCoin202.96+0.321%
Bybit
Aster
Polymarket Perps
Gate
Lighter
Lighter RH
QFEX
Orderly
SoDEX
Aevo
OKX
Bitget
Extended
BloFin
KuCoinCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni COINUSDT | −0.187% | +0.0100% | 1h | $91K | $636K | 50x | as long as short |
| edgeX COINUSDC | −0.060% | +0.0157% | 4h | $53K | $289K | 10x | as long as short |
| Ondo Perps COIN-USD.P | −0.039% | +0.0050% | 1h | $362K | $3.1M | 10x | as long as short |
| Phoenix COIN | −0.005% | +0.0157% | 1h | $2K | $238K | 10x | as long as short |
| Vest COIN-USD-PERPlong | 0.000% | +0.0021% | 1h | — | $456K | 25x | |
| Injective COIN/USDC PERP | +0.030% | −0.0440% | 1h | $40K | $105K | 30x | as long as short |
| Variational Omni COIN | +0.035% | 0.0000% | 8h | $871K | $916K | — | as long as short |
| Arcus COIN-USD | +0.039% | +0.0040% | 1h | $19K | $41K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.064% | +0.0089% | 1h | $16.4M | $13.2M | 10x | as long as short |
| Binance COINUSDTshort | +0.082% | 0.0000% | 8h | $15.7M | $70.3M | 20x |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit COINUSDT | +0.084% | 0.0000% | 8h | $5.1M | $5.5M | 50x | as long as short |
| Aster COINUSDT | +0.089% | 0.0000% | 8h | $371K | $827K | 20x | as long as short |
| Polymarket Perps COIN-USD | +0.089% | +0.0050% | 1h | $133K | $1.1M | 10x | as long as short |
| Gate COIN_USDT | +0.094% | 0.0000% | 8h | $1.4M | $6.1M | 50x | as long as short |
| Lighter COIN | +0.103% | +0.0048% | 1h | $402K | $2.2M | 10x | as long as short |
| Lighter RH COIN | +0.104% | +0.0032% | 1h | $447K | $1.9M | 10x | as long as short |
| QFEX COIN-USD | +0.104% | +0.0039% | 1h | $1.4M | $3.5M | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.104% | +0.0100% | 8h | $587 | $5K | 10x | as long as short |
| SoDEX COIN-USD | +0.104% | +0.0050% | 1h | $89 | $3K | 10x | as long as short |
| Aevo COIN-PERP | +0.104% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| OKX COIN-USDT-SWAP | +0.109% | 0.0000% | 8h | $3.4M | $4.6M | 20x | as long as short |
| Bitget COINUSDT | +0.109% | +0.0059% | 8h | $6.8M | $9.0M | 20x | as long as short |
| Extended COIN_24_5-USD | +0.120% | 0.0000% | 1h | $100K | $429K | 10x | as long as short |
| BloFin COIN-USDT | +0.123% | +0.0120% | 8h | $205K | $310K | 20x | as long as short |
| KuCoin COINUSDTM | +0.133% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |