Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Aster against tradeXYZ+0.058%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.058% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:COST	902.38	0.0050	pay 0.0006% / 1h	34m 10s	$1.8M	$510K	20x
Short	Aster COSTUSDT	902.91	0	get 0.0000% / 8h	7h 34m	$45K	$133	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$10.5
Price spread: +0.058% → 0.000%: $5.84
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$30.66
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 2 min ago; Aster: 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 tradeXYZ live order book, 2 min ago	1.50 bp	12.7 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 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 COSTUSDTshort	0.0000%	8h	902.91	+0.058%	$45K	$133	20x
Binance COSTUSDT	0.0000%	8h	902.86	+0.053%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	903.00	+0.069%	$491K	$91K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	903.42	+0.115%	$442K	$124K	10x	as long as short
Gate COST_USDT	0.0000%	8h	902.74	+0.040%	$523K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	902.56	+0.020%	$411K	$85K	25x	as long as short
Variational Omni COST	0.0000%	8h	902.72	+0.037%	$40K	$14K	—	as long as short
SunX COST-USDT	0.0000%	8h	902.60	+0.024%	$1K	$2.7M	10x	as long as short
HTX COST-USDT	0.0000%	8h	904.07	+0.187%	$10K	$42K	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−1.153%	$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	901.57	−0.090%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	903.03	+0.072%	—	—	25x	as long as short
QFEX COST-USD	+0.0046%	1h	902.64	+0.029%	$1.1M	$2.4M	10x	as long as short
tradeXYZ xyz:COSTlong	+0.0050%	1h	902.38	long leg	$1.8M	$510K	20x
KuCoin COSTUSDTM	+0.0100%	8h	902.30	−0.009%	$48K	$935K	20x	as long as short