Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.018%

Price spread now: tradeXYZ against Aster+0.052%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.052% dearer against Aster 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	Aster COSTUSDT	898.16	0	get 0.0000% / 8h	38m 23s	$45K	$178	20x
Short	tradeXYZ xyz:COST	898.63	0.0050	get 0.0006% / 1h	38m 23s	$1.8M	$531K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee AsterbpFee tradeXYZbpOrdersPrice spread, now +0.052%Rate

Funding earned: $10.5
Price spread: +0.052% → 0.000%: $5.23
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$10.27
Costs to cover: 0.260%
Break-even: 13.8 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 9 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 9 min ago	1.17 bp	13.9 bp −$14	doesn't fit	doesn't fit	doesn't fit

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.

COST on 15 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
Aster COSTUSDTlong	0.0000%	8h	898.16	long leg	$45K	$178	20x
Bybit COSTUSDT	0.0000%	8h	899.10	+0.105%	$470K	$193K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	899.03	+0.097%	$439K	$136K	10x	as long as short
Gate COST_USDT	0.0000%	8h	899.47	+0.146%	$523K	$26K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	898.89	+0.081%	$398K	$125K	25x	as long as short
SunX COST-USDT	0.0000%	8h	898.60	+0.049%	$1K	$3.3M	10x	as long as short
HTX COST-USDT	0.0000%	8h	900.74	+0.287%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0029%	1h	898.74	+0.065%	$1.1M	$3.1M	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.688%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.31	+0.017%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest COST-USD-PERP	+0.0046%	1h	898.25	+0.010%	—	—	25x	as long as short
tradeXYZ xyz:COSTshort	+0.0050%	1h	898.63	+0.052%	$1.8M	$531K	20x
KuCoin COSTUSDTM	+0.0100%	8h	898.50	+0.038%	$41K	$845K	20x	as long as short
Variational Omni COST	+0.0233%	8h	898.89	+0.081%	$42K	$19K	—	as long as short
Binance COSTUSDT	+0.0420%	8h	899.01	+0.095%	$1.1M	$967K	20x	as long as short