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

COST

RWAall COST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.029%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$760.764% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.021%+$2 · spread now +0.029%, 7d avg +0.016%
Together, before fees+0.021%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COSTUSDT899.020get 0.0000% / 8h4h 23m$398K$123K25x
ShortOKX COST-USDT-SWAP899.280get 0.0000% / 8h4h 23m$432K$134K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
$0
Price spread: +0.029% → +0.016%
$1.3
Slippage, 4 orders
−$54.36
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$75.06
Costs to cover
0.764%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago5.39 bp13.4 bp −$1329.4 bp −$294doesn't fitdoesn't fit
Sell OKX live order book, 6 min ago6.90 bp12.6 bp −$13doesn'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%8h899.19+0.019%$45K$17820xas long as short
Binance COSTUSDT0.0000%8h899.62+0.067%$1.1M$929K20xas long as short
Bybit COSTUSDT0.0000%8h899.49+0.052%$472K$192K25xas long as short
OKX COST-USDT-SWAPshort0.0000%8h899.28+0.029%$432K$134K10x
Gate COST_USDT0.0000%8h899.11+0.010%$523K$26K25xas long as short
Bitget COSTUSDTlong0.0000%8h899.02long leg$398K$123K25x
Variational Omni COST0.0000%8h899.28+0.028%$44K$18Kas long as short
SunX COST-USDT0.0000%8h898.70−0.036%$1K$3.2M10xas long as short
HTX COST-USDT0.0000%8h901.05+0.226%$10K$42K10xas long as short
QFEX COST-USD+0.0004%1h899.19+0.019%$1.1M$2.3M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COST/USDC PERP+0.0033%1h891.98−0.783%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.83−0.021%10xas long as short
Vest COST-USD-PERP+0.0046%1h898.68−0.038%25xas long as short
tradeXYZ xyz:COST+0.0050%1h899.12+0.011%$1.8M$534K20xas long as short
KuCoin COSTUSDTM+0.0100%8h898.80−0.024%$40K$928K20xas long as short