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 0.000%
Price spread now: Aster against Gate+0.042%7-day average · 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 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: Aster is 0.042% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate COW_USDT0.16080.0100pay 0.0050% / 4h2h 00m$119K$60K50x
ShortAster COWUSDT0.16090.0100get 0.0050% / 4h2h 00m$30K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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: +0.042% → 0.000%
$4.15
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$18.85
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 40 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 40 min ago12.64 bp46.4 bp −$46doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COWUSDTshort+0.0100%4h0.1609+0.042%$30K$12K5x
Binance COWUSDT+0.0100%4h0.1609+0.062%$2.1M$2.8M50xas long as short
Gate COW_USDTlong+0.0100%4h0.1608long leg$119K$60K50x
MEXC COW_USDT+0.0100%4h0.16080.000%$582K$189K20xas long as short
KuCoin COWUSDTM+0.0100%4h0.1609+0.062%$237K$39K20xas long as short
Bitget COWUSDT+0.0100%4h0.16080.000%$383K$194K50xas long as short
Variational Omni COW+0.0100%4h0.1611+0.174%$6K$592as long as short
BloFin COW-USDT+0.0135%4h0.1610+0.124%$133K$30K75xas long as short
Bybit COWUSDT+0.0170%4h0.1609+0.075%$955K$464K25xas long as short
BingX COW-USDT+0.0198%4h0.1609+0.062%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_COWUSD+0.0737%1h0.1610+0.125%$5K$21210xas long as short