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

COST

RWAall COST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.041%
Price spread now: tradeXYZ against Binance−0.086%7-day average −0.077% · 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 7 days−0.018%−$2 on $10k
Price spread, last 7 days+0.109%+$11 · spread now −0.086%, 7d avg −0.077%
Together, before fees+0.092%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COSTUSDT902.880get 0.0000% / 8h1h 23m$1.1M$1.0M20x
ShorttradeXYZ xyz:COST902.100.0050get 0.0006% / 1h23m 56s$1.8M$519K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Binance. 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
$10.5
Price spread: −0.086% → −0.077%
−$0.98
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$18.48
Costs to cover
0.280%
Break-even
19.3 days
Slippage unknown: Binance: live order book, 9 min ago; tradeXYZ: live order book, 4 min ago. 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 Binance live order book, 9 min ago0.05 bp16.1 bp −$1662.5 bp −$625doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago1.55 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit

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%8h903.02+0.016%$45K$17820xas long as short
Binance COSTUSDTlong0.0000%8h902.88long leg$1.1M$1.0M20x
Bybit COSTUSDT0.0000%8h903.04+0.018%$491K$218K25xas long as short
OKX COST-USDT-SWAP0.0000%8h902.52−0.040%$442K$122K10xas long as short
Gate COST_USDT0.0000%8h902.54−0.038%$522K$8K25xas long as short
Bitget COSTUSDT0.0000%8h902.41−0.052%$401K$83K25xas long as short
Variational Omni COST0.0000%8h902.65−0.026%$41K$13Kas long as short
SunX COST-USDT0.0000%8h902.00−0.097%$2K$2.9M10xas long as short
HTX COST-USDT0.0000%8h904.19+0.145%$10K$42K10xas long as short
QFEX COST-USD0.0000%1h902.47−0.045%$1.1M$2.4M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COST/USDC PERP+0.0033%1h891.98−1.207%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.513%10xas long as short
Vest COST-USD-PERP+0.0046%1h902.54−0.038%25xas long as short
tradeXYZ xyz:COSTshort+0.0050%1h902.10−0.086%$1.8M$519K20x
KuCoin COSTUSDTM+0.0100%8h901.80−0.120%$48K$903K20xas long as short