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 KuCoin+0.156%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 0.156% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COWUSDTM0.16100.0100pay 0.0050% / 4h1h 07m$228K$42K20x
ShortAster COWUSDT0.16130.0100get 0.0050% / 4h1h 07m$30K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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: +0.156% → 0.000%
$15.57
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$4.43
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 34 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 KuCoin live order book, 34 min ago18.89 bp316.6 bp −$317doesn'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%4h0.1613+0.156%$30K$12K5x
Binance COWUSDT+0.0100%4h0.1611+0.037%$2.1M$2.9M50xas long as short
Bybit COWUSDT+0.0100%4h0.1610+0.031%$950K$470K25xas long as short
Gate COW_USDT+0.0100%4h0.16100.000%$118K$60K50xas long as short
MEXC COW_USDT+0.0100%4h0.1611+0.062%$575K$191K20xas long as short
KuCoin COWUSDTMlong+0.0100%4h0.1610long leg$228K$42K20x
Bitget COWUSDT+0.0100%4h0.1609−0.062%$374K$174K50xas long as short
BingX COW-USDT+0.0100%4h0.1611+0.062%$6.6Mas long as short
Variational Omni COW+0.0100%4h0.1613+0.190%$6K$592as long as short
BloFin COW-USDT+0.0110%4h0.1612+0.124%$134K$31K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_COWUSD+0.0943%1h0.1610+0.012%$5K$21210xas long as short