Settings8H · net · $10k
Funding arb · Price arb /

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.003%
Price spread now: Ondo Perps against Vest+0.137%7-day average −0.201% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.026%+$3 on $10k
Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.137%, 7d avg −0.201%
Together, before fees−0.242%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Ondo Perps is 0.338% dearer against Vest than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.201%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest COIN-USD-PERP197.19−0.0089get 0.0011% / 1h25m 27s$284K25x
ShortOndo Perps COIN-USD.P197.460.0050get 0.0006% / 1h25m 27s$351K$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$29.2
Price spread: +0.137% → −0.201%
$33.77
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$55.97
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and Ondo Perps: 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 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COINUSDT−0.0748%8h197.80+0.309%$6.3M$10.2M20xas long as short
Injective COIN/USDC PERP−0.0440%1h197.22+0.015%$43K$48K30xas long as short
Gate COIN_USDT−0.0202%8h197.75+0.284%$1.2M$7.1M50xas long as short
Vest COIN-USD-PERPlong−0.0089%1h197.19long leg$284K25x
Aster COINUSDT0.0000%8h197.81+0.317%$349K$877K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.73+0.275%$117K$696K10xas long as short
Binance COINUSDT0.0000%8h197.78+0.299%$15.0M$78.4M20xas long as short
Bybit COINUSDT0.0000%8h197.79+0.304%$4.9M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.85+0.335%$3.1M$4.6M20xas long as short
Variational Omni COIN0.0000%8h197.67+0.246%$685K$1.0Mas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.69+0.253%$12K$2.1M10xas long as short
QFEX COIN-USD+0.0016%1h197.70+0.259%$1.3M$3.4M10xas long as short
Lighter COIN+0.0032%1h197.72+0.271%$367K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.71+0.264%$452K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h197.84+0.330%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.73+0.274%$15.6M$13.5M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.69+0.254%$128K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.67+0.243%$79$3K10xas long as short
Ondo Perps COIN-USD.Pshort+0.0050%1h197.46+0.137%$351K$3.0M10x
KuCoin COINUSDTM+0.0100%8h197.66+0.238%$995K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.58+0.198%$89K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.68+0.248%$572$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.63+0.223%$11710xas long as short
BloFin COIN-USDT+0.0120%8h197.61+0.213%$188K$391K20xas long as short
Phoenix COIN+0.0162%1h197.81+0.314%$5K$281K10xas long as short
edgeX COINUSDC+0.0208%4h197.71+0.265%$51K$293K10xas long as short