Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h —

Price spread now: Extended against tradeXYZ+0.020%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Extended

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 days—no price history on both exchanges yet

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

The price spread pays, funding is against you. Extended is 0.020% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:COST	899.58	0.0050	pay 0.0006% / 1h	3m 49s	$1.8M	$524K	20x
Short	Extended COST-USD	899.76	0.0040	get 0.0005% / 1h	3m 49s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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 tradeXYZbpFee ExtendedbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$2.1
Price spread: +0.020% → 0.000%: $2.03
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$23.07
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago	2.00 bp	16.3 bp −$16	doesn't fit	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 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	900.33	+0.084%	$45K	$133	20x	as long as short
Binance COSTUSDT	0.0000%	8h	899.90	+0.035%	$1.1M	$1.2M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	900.51	+0.103%	$565K	$142K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	899.80	+0.024%	$446K	$133K	10x	as long as short
Gate COST_USDT	0.0000%	8h	899.70	+0.013%	$521K	$9K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	900.01	+0.048%	$411K	$82K	25x	as long as short
Variational Omni COST	0.0000%	8h	899.64	+0.007%	$40K	$13K	—	as long as short
SunX COST-USDT	0.0000%	8h	899.20	−0.042%	$2K	$2.7M	10x	as long as short
HTX COST-USDT	0.0000%	8h	900.86	+0.142%	$10K	$41K	10x	as long as short
QFEX COST-USD	+0.0020%	1h	899.58	0.000%	$1.1M	$2.3M	10x	as long as short

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	−0.845%	$2K	$28K	12x	as long as short
Extended COST-USDshort	+0.0040%	1h	899.76	+0.020%	—	—	10x
Vest COST-USD-PERP	+0.0046%	1h	899.52	−0.007%	—	—	25x	as long as short
tradeXYZ xyz:COSTlong	+0.0050%	1h	899.58	long leg	$1.8M	$524K	20x
KuCoin COSTUSDTM	+0.0100%	8h	899.50	−0.009%	$48K	$1.1M	20x	as long as short