Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%

Price spread now: Injective against Gate−1.079%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 1.079% cheaper against Gate than usual: you would sell low and buy high (spread −1.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$108 on $10k: about 4 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COST_USDT	901.71	0	get 0.0000% / 8h	5h 47m	$522K	$8K	25x
Short	Injective COST/USDC PERP	891.98	0.0033	get 0.0004% / 1h	47m 10s	$2K	$28K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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 GatebpFee InjectivebpOrdersPrice spread, now −1.079%Rate

Funding earned: $7
Price spread: −1.079% → 0.000%: −$107.91
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$115.93
Costs to cover: 0.150%
Break-even: 122.9 days

Slippage unknown: Gate: live order book, 62 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 62 min ago	3.76 bp	41.6 bp −$42	doesn't fit	doesn't fit	doesn'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 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	901.67	−0.005%	$45K	$133	20x	as long as short
Binance COSTUSDT	0.0000%	8h	901.95	+0.027%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	901.55	−0.018%	$563K	$138K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	902.54	+0.092%	$445K	$125K	10x	as long as short
Gate COST_USDTlong	0.0000%	8h	901.71	long leg	$522K	$8K	25x
Bitget COSTUSDT	0.0000%	8h	901.86	+0.017%	$411K	$78K	25x	as long as short
Variational Omni COST	0.0000%	8h	901.37	−0.038%	$40K	$14K	—	as long as short
SunX COST-USDT	0.0000%	8h	900.90	−0.090%	$1K	$2.6M	10x	as long as short
HTX COST-USDT	0.0000%	8h	902.96	+0.139%	$10K	$40K	10x	as long as short
Injective COST/USDC PERPshort	+0.0033%	1h	891.98	−1.079%	$2K	$28K	12x

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended COST-USD	+0.0040%	1h	901.25	−0.052%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	901.02	−0.077%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	901.01	−0.078%	$1.8M	$521K	20x	as long as short
QFEX COST-USD	+0.0064%	1h	901.72	+0.001%	$1.1M	$2.3M	10x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	901.60	−0.012%	$47K	$1.0M	20x	as long as short