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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.002%
Price spread now: Variational Omni against Vest+0.370%56s7-day average −0.109% · 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)−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.507%−$51 · spread now +0.370%, 7d avg −0.109%
Together, before fees−0.535%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.480% dearer against Vest than usual: you sell high and buy low: +$48 more if the spread goes back to its 7-day average of −0.109%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest COIN-USD-PERP194.73−0.0102get 0.0013% / 1h38m 42s$289K25x
ShortVariational Omni COIN195.450get 0.0000% / 8h1h 38m$708K$959K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.52
Price spread: +0.370% → −0.109%
$47.95
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$67.47
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 60 min ago. 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 Variational Omni RFQ quote, 60 min ago2.89 bpdoesn't fit24.1 bp −$241doesn't fitdoesn'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 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−0.0700%8h195.51+0.401%$6.3M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.45+0.370%$43K$48K30xas long as short
Vest COIN-USD-PERPlong−0.0102%1h194.73long leg$289K25x
Gate COIN_USDT−0.0009%8h195.30+0.293%$1.2M$7.4M50xas long as short
Aster COINUSDT0.0000%8h195.44+0.364%$341K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h195.22+0.252%$112K$803K10xas long as short
Binance COINUSDT0.0000%8h195.27+0.277%$15.0M$82.3M20xas long as short
Bybit COINUSDT0.0000%8h195.22+0.252%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.23+0.257%$3.0M$4.7M20xas long as short
Variational Omni COINshort0.0000%8h195.45+0.370%$708K$959K
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.58+0.437%$16K$2.7M10xas long as short
Lighter RH COIN+0.0032%1h195.20+0.241%$459K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h195.52+0.406%$15K$54K5xas long as short
QFEX COIN-USD+0.0045%1h195.28+0.282%$1.3M$3.0M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.20+0.241%$129K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h195.27+0.277%$76$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h195.06+0.169%$447K$2.8M10xas long as short
tradeXYZ xyz:COIN+0.0078%1h195.20+0.241%$15.1M$13.2M10xas long as short
KuCoin COINUSDTM+0.0100%8h195.20+0.241%$984K$137K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.32+0.303%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.24+0.262%$565$4K10xas long as short
Aevo COIN-PERP+0.0104%1h195.28+0.282%$11510xas long as short
Lighter COIN+0.0120%1h195.24+0.260%$361K$2.3M10xas long as short
BloFin COIN-USDT+0.0120%8h195.33+0.308%$187K$423K20xas long as short
Phoenix COIN+0.0163%1h195.44+0.365%$4K$283K10xas long as short
edgeX COINUSDC+0.0209%4h195.50+0.398%$50K$294K10xas long as short