Funding arb · Price arb /

COST

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest−0.119%7-day average — · you buy dearer than you sell

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

Long on Vest Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.119% cheaper against Vest than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest COST-USD-PERP	900.77	0.0046	pay 0.0006% / 1h	18m 47s	—	—	25x
Short	SunX COST-USDT	899.70	0	get 0.0000% / 8h	3h 18m	$1K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Vest. 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 VestbpFee SunXbpOrdersPrice spread, now −0.119%Rate

Funding earned: −$9.59
Price spread: −0.119% → 0.000%: −$11.88
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$31.47
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; SunX: live order book, 9 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 Vest no order-book sample	—	—	—	—	—
Sell SunX live order book, 9 min ago	500.70 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Vest: 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	900.88	+0.012%	$45K	$178	20x	as long as short
Binance COSTUSDT	0.0000%	8h	901.03	+0.029%	$1.1M	$952K	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	901.00	+0.026%	$491K	$221K	25x	as long as short
Gate COST_USDT	0.0000%	8h	900.97	+0.022%	$522K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	901.15	+0.042%	$403K	$78K	25x	as long as short
Variational Omni COST	0.0000%	8h	900.86	+0.010%	$41K	$13K	—	as long as short
SunX COST-USDTshort	0.0000%	8h	899.70	−0.119%	$1K	$2.8M	10x
HTX COST-USDT	0.0000%	8h	903.12	+0.261%	$10K	$42K	10x	as long as short
OKX COST-USDT-SWAP	+0.0006%	8h	901.44	+0.074%	$441K	$116K	10x	as long as short
QFEX COST-USD	+0.0009%	1h	900.83	+0.007%	$1.1M	$2.5M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.976%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.280%	—	—	10x	as long as short
Vest COST-USD-PERPlong	+0.0046%	1h	900.77	long leg	—	—	25x
tradeXYZ xyz:COST	+0.0050%	1h	900.68	−0.010%	$1.8M	$517K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	900.40	−0.041%	$48K	$890K	20x	as long as short