Settings8H · net · $10k
Funding arb · Price arb /

COST

RWAall COST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h −0.008%
Price spread now: Injective against tradeXYZ−0.740%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.740% cheaper against tradeXYZ than usual: you would sell low and buy high (−$74 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:COST898.630.0050pay 0.0006% / 1h36m 34s$1.8M$531K20x
ShortInjective COST/USDC PERP891.980.0033get 0.0004% / 1h36m 34s$2K$28K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$3.5
Price spread: −0.740% → 0.000%
−$74
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$95.52
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 1 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 1 min ago1.61 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h898.19−0.049%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.08+0.050%$470K$193K25xas long as short
OKX COST-USDT-SWAP0.0000%8h899.03+0.045%$439K$136K10xas long as short
Gate COST_USDT0.0000%8h899.47+0.093%$523K$26K25xas long as short
Bitget COSTUSDT0.0000%8h898.82+0.021%$397K$125K25xas long as short
SunX COST-USDT0.0000%8h898.60−0.003%$1K$3.3M10xas long as short
HTX COST-USDT0.0000%8h900.74+0.235%$10K$42K10xas long as short
QFEX COST-USD+0.0029%1h898.90+0.030%$1.1M$3.1M10xas long as short
Injective COST/USDC PERPshort+0.0033%1h891.98−0.740%$2K$28K12x
Extended COST-USD+0.0040%1h898.31−0.036%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COST-USD-PERP+0.0046%1h898.25−0.042%25xas long as short
tradeXYZ xyz:COSTlong+0.0050%1h898.63long leg$1.8M$531K20x
KuCoin COSTUSDTM+0.0100%8h898.50−0.014%$41K$845K20xas long as short
Variational Omni COST+0.0233%8h898.89+0.029%$42K$19Kas long as short
Binance COSTUSDT+0.0427%8h899.02+0.043%$1.1M$967K20xas long as short