COST

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%

Price spread now: tradeXYZ against QFEX−0.062%49s7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$490.490% of the position

Long on QFEX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.020%+$2 on $10k

Price spread, last 7 days+0.039%+$4 · spread now −0.062%, 7d avg −0.034%

Together, before fees+0.059%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.028% cheaper against QFEX than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.034%). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day). The two prices were read 49 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	900.56	0.0020	pay 0.0003% / 1h	56m 45s	$1.1M	$2.3M	10x
Short	tradeXYZ xyz:COST	900.00	0.0050	get 0.0006% / 1h	56m 45s	$1.8M	$521K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.062%Rate

Funding earned: $6.3
Price spread: −0.062% → −0.034%: −$2.83
Slippage, 4 orders: −$21.05
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$45.58
Costs to cover: 0.490%
Break-even: 57.6 days

Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 4 min ago.

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, 4 min ago	1.72 bp	8.5 bp −$9	15.6 bp −$156	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	1.22 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit

COST on 15 exchanges

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	901.23	+0.075%	$45K	$133	20x	as long as short
Binance COSTUSDT	0.0000%	8h	900.87	+0.034%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	901.13	+0.063%	$563K	$138K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	901.21	+0.072%	$448K	$129K	10x	as long as short
Gate COST_USDT	0.0000%	8h	901.03	+0.052%	$522K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	900.23	−0.037%	$410K	$78K	25x	as long as short
Variational Omni COST	0.0000%	8h	901.81	+0.139%	$40K	$13K	—	as long as short
SunX COST-USDT	0.0000%	8h	900.20	−0.040%	$2K	$2.6M	10x	as long as short
HTX COST-USDT	0.0000%	8h	902.36	+0.200%	$10K	$41K	10x	as long as short
QFEX COST-USDlong	+0.0020%	1h	900.56	long leg	$1.1M	$2.3M	10x

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.953%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	900.00	−0.062%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	900.55	−0.001%	—	—	25x	as long as short
tradeXYZ xyz:COSTshort	+0.0050%	1h	900.00	−0.062%	$1.8M	$521K	20x
KuCoin COSTUSDTM	+0.0100%	8h	900.60	+0.004%	$48K	$1.1M	20x	as long as short