Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.056%

Price spread now: SunX against Binance−0.008%7-day average −0.080% · you buy dearer than you sell

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

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.095%−$9 · spread now −0.008%, 7d avg −0.080%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.073% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COSTUSDT	902.67	0	get 0.0000% / 8h	7h 33m	$1.1M	$1.0M	20x
Short	SunX COST-USDT	902.60	0	get 0.0000% / 8h	7h 33m	$1K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → −0.080%: $7.27
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$10.73
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 min ago; SunX: live order book, 5 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 Binance live order book, 14 min ago	0.83 bp	15.1 bp −$15	57.6 bp −$576	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	500.30 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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 COSTUSDT	0.0000%	8h	902.70	+0.003%	$45K	$133	20x	as long as short
Binance COSTUSDTlong	0.0000%	8h	902.67	long leg	$1.1M	$1.0M	20x
Bybit COSTUSDT	0.0000%	8h	902.88	+0.023%	$491K	$91K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	903.42	+0.083%	$442K	$121K	10x	as long as short
Gate COST_USDT	0.0000%	8h	902.81	+0.016%	$523K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	902.43	−0.027%	$411K	$85K	25x	as long as short
Variational Omni COST	0.0000%	8h	902.72	+0.005%	$40K	$14K	—	as long as short
SunX COST-USDTshort	0.0000%	8h	902.60	−0.008%	$1K	$2.7M	10x
HTX COST-USDT	0.0000%	8h	904.07	+0.155%	$10K	$42K	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−1.184%	$2K	$28K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended COST-USD	+0.0040%	1h	901.95	−0.080%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	903.02	+0.039%	—	—	25x	as long as short
QFEX COST-USD	+0.0046%	1h	902.72	+0.006%	$1.1M	$2.4M	10x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	902.53	−0.015%	$1.8M	$510K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	902.50	−0.019%	$47K	$936K	20x	as long as short