Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.013%
Price spread now: tradeXYZ against OKX−0.103%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.103%, 7d avg −0.096%
=Together, before fees+0.087%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.096%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COST-USDT-SWAP | 899.95 | 0 | get 0.0000% / 8h | 4h 59m | $447K | $109K | 10x |
| Short | tradeXYZ xyz:COST | 899.02 | 0.0050 | get 0.0006% / 1h | 59m 48s | $1.8M | $516K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.103% → −0.096%
- −$0.7
- Slippage, 4 orders
- −$40.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$58.9
- Costs to cover
- 0.687%
- Break-even
- 46.3 days
Slippage from OKX: live order book, 61 min ago; tradeXYZ: live order book, 8 min ago.
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, 61 min ago | 4.39 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.17 bp | 13.6 bp −$14 | 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 | 899.43 | −0.058% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDT | 0.0000% | 8h | 899.17 | −0.087% | $491K | $218K | 25x | as long as short |
| OKX COST-USDT-SWAPlong | 0.0000% | 8h | 899.95 | long leg | $447K | $109K | 10x | |
| Gate COST_USDT | 0.0000% | 8h | 899.58 | −0.041% | $521K | $8K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 899.25 | −0.078% | $403K | $77K | 25x | as long as short |
| Variational Omni COST | 0.0000% | 8h | 899.52 | −0.047% | $42K | $16K | — | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 899.30 | −0.072% | $1K | $2.9M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 900.87 | +0.102% | $10K | $42K | 10x | as long as short |
| QFEX COST-USD | +0.0005% | 1h | 899.42 | −0.059% | $1.1M | $2.8M | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.886% | $2K | $28K | 12x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COST-USD | +0.0040% | 1h | 898.25 | −0.189% | — | — | 10x | as long as short |
| Vest COST-USD-PERP | +0.0046% | 1h | 898.83 | −0.124% | — | — | 25x | as long as short |
| tradeXYZ xyz:COSTshort | +0.0050% | 1h | 899.02 | −0.103% | $1.8M | $516K | 20x | |
| Binance COSTUSDT | +0.0073% | 8h | 899.65 | −0.033% | $1.1M | $925K | 20x | as long as short |
| KuCoin COSTUSDTM | +0.0100% | 8h | 898.70 | −0.139% | $48K | $876K | 20x | as long as short |
OKX COST-USDT-SWAP
tradeXYZ xyz:COST
Aster COSTUSDT
Bybit COSTUSDT
Gate COST_USDT
Bitget COSTUSDT
Variational Omni COST
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
Binance COSTUSDT
KuCoin COSTUSDTM