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

COW

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against Aster−0.044%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.044% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COWUSDT0.16160.0100pay 0.0050% / 4h24m 10s$30K$12K5x
ShortBingX COW-USDT0.16150.0100get 0.0050% / 4h24m 10s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
$0
Price spread: −0.044% → 0.000%
−$4.44
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$22.44
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 3 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 Aster no order-book sample
Sell BingX live order book, 3 min ago12.35 bp32.8 bp −$3381.1 bp −$811449.4 bp −$44.9K921.2 bp −$460.6K
Aster: 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.

COW on 11 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
BloFin COW-USDT+0.0074%4h0.1616+0.018%$139K$32K75xas long as short
Aster COWUSDTlong+0.0100%4h0.1616long leg$30K$12K5x
Binance COWUSDT+0.0100%4h0.1615−0.017%$2.2M$3.1M50xas long as short
Bybit COWUSDT+0.0100%4h0.1615−0.038%$957K$493K25xas long as short
Gate COW_USDT+0.0100%4h0.1616+0.018%$130K$73K50xas long as short
MEXC COW_USDT+0.0100%4h0.1615−0.044%$589K$198K20xas long as short
KuCoin COWUSDTM+0.0100%4h0.1617+0.079%$222K$43K20xas long as short
Bitget COWUSDT+0.0100%4h0.1615−0.044%$394K$202K50xas long as short
BingX COW-USDTshort+0.0100%4h0.1615−0.044%$6.6M
Variational Omni COW+0.0100%4h0.1614−0.094%$6K$592as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_COWUSD+0.0686%1h0.1616+0.031%$5K$21210xas long as short