Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: SunX against OKX−0.164%7-day average −0.113% · you buy dearer than you sell

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

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.164%, 7d avg −0.113%

Together, before fees+0.096%+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.051% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COST-USDT-SWAP	903.18	0	get 0.0000% / 8h	2h 08m	$443K	$123K	10x
Short	SunX COST-USDT	901.70	0	get 0.0000% / 8h	2h 08m	$1K	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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 OKXbpFee SunXbpOrdersPrice spread, now −0.164%Rate

Funding earned: $0
Price spread: −0.164% → −0.113%: −$5.06
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$23.06
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 37 min ago; 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 OKX live order book, 37 min ago	2.27 bp	17.2 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	500.03 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	903.06	−0.014%	$45K	$178	20x	as long as short
Binance COSTUSDT	0.0000%	8h	902.95	−0.025%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	903.07	−0.012%	$491K	$221K	25x	as long as short
OKX COST-USDT-SWAPlong	0.0000%	8h	903.18	long leg	$443K	$123K	10x
Gate COST_USDT	0.0000%	8h	902.79	−0.043%	$523K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	903.00	−0.020%	$403K	$78K	25x	as long as short
Variational Omni COST	0.0000%	8h	902.80	−0.042%	$41K	$13K	—	as long as short
SunX COST-USDTshort	0.0000%	8h	901.70	−0.164%	$1K	$2.9M	10x
HTX COST-USDT	0.0000%	8h	904.36	+0.131%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0003%	1h	902.72	−0.051%	$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	−1.240%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.546%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	902.82	−0.040%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	903.10	−0.009%	$1.8M	$517K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	901.70	−0.164%	$47K	$899K	20x	as long as short