Funding you earn now, next payment 12:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.002%
Price spread now: Aster against BloFin+0.048%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.048% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COW-USDT | 0.1603 | 0.0045 | pay 0.0023% / 4h | 3h 39m | $137K | $32K | 75x |
| Short | Aster COWUSDT | 0.1604 | 0.0100 | get 0.0050% / 4h | 3h 39m | $30K | $13K | 5x |
BloFin COW-USDT
Aster COWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.54
- Price spread: +0.048% → 0.000%
- $4.81
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$3.65
- Costs to cover
- 0.200%
- Break-even
- 9.2 days
Slippage unknown: BloFin: live order book, 17 min ago; Aster: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 17 min ago | 3.11 bp | 30.8 bp −$31 | 74.2 bp −$742 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin COW-USDTlong | +0.0045% | 4h | 0.1603 | long leg | $137K | $32K | 75x | |
| Aster COWUSDTshort | +0.0100% | 4h | 0.1604 | +0.048% | $30K | $13K | 5x | |
| Binance COWUSDT | +0.0100% | 4h | 0.1602 | −0.090% | $2.1M | $3.3M | 50x | as long as short |
| Bybit COWUSDT | +0.0100% | 4h | 0.1603 | +0.025% | $961K | $517K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1603 | 0.000% | $128K | $73K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1602 | −0.062% | $595K | $199K | 20x | as long as short |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1603 | 0.000% | $220K | $43K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1601 | −0.125% | $373K | $237K | 50x | as long as short |
| BingX COW-USDT | +0.0100% | 4h | 0.1601 | −0.125% | — | $6.6M | — | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1601 | −0.151% | $8K | $3K | — | as long as short |
Binance COWUSDT
Bybit COWUSDT
Gate COW_USDT
MEXC COW_USDT
KuCoin COWUSDTM
Bitget COWUSDT
BingX COW-USDT
Variational Omni COWShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.1657% | 1h | 0.1602 | −0.080% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD