Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h —

Price spread now: Extended against QFEX−0.109%55s7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.109% cheaper against QFEX than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX COST-USD	902.72	0.0046	pay 0.0006% / 1h	31m 39s	$1.1M	$2.4M	10x
Short	Extended COST-USD	901.73	0.0040	get 0.0005% / 1h	31m 39s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against QFEX. 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 QFEXbpFee ExtendedbpOrdersPrice spread, now −0.109%Rate

Funding earned: −$1.29
Price spread: −0.109% → 0.000%: −$10.95
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$27.24
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 6 min ago; Extended: 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 QFEX live order book, 6 min ago	1.61 bp	6.9 bp −$7	13.5 bp −$135	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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 COSTUSDT	0.0000%	8h	902.71	−0.001%	$45K	$133	20x	as long as short
Binance COSTUSDT	0.0000%	8h	902.83	+0.012%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	902.77	+0.006%	$491K	$91K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	903.73	+0.112%	$442K	$121K	10x	as long as short
Gate COST_USDT	0.0000%	8h	902.84	+0.013%	$523K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	902.43	−0.032%	$411K	$85K	25x	as long as short
Variational Omni COST	0.0000%	8h	902.72	0.000%	$40K	$14K	—	as long as short
SunX COST-USDT	0.0000%	8h	902.60	−0.013%	$1K	$2.7M	10x	as long as short
HTX COST-USDT	0.0000%	8h	904.20	+0.164%	$10K	$42K	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−1.190%	$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-USDshort	+0.0040%	1h	901.73	−0.109%	—	—	10x
Vest COST-USD-PERP	+0.0046%	1h	903.02	+0.033%	—	—	25x	as long as short
QFEX COST-USDlong	+0.0046%	1h	902.72	long leg	$1.1M	$2.4M	10x
tradeXYZ xyz:COST	+0.0050%	1h	902.52	−0.022%	$1.8M	$510K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	902.40	−0.035%	$47K	$937K	20x	as long as short