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 +0.041%

Price spread now: Binance against tradeXYZ+0.037%7-day average +0.077% · you sell dearer than you buy

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

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.037%, 7d avg +0.077%

Together, before fees+0.007%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.040% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.077%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:COST	902.53	0.0050	pay 0.0006% / 1h	34m 05s	$1.8M	$510K	20x
Short	Binance COSTUSDT	902.86	0	get 0.0000% / 8h	7h 34m	$1.1M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.037%Rate

Funding earned: −$10.5
Price spread: +0.037% → +0.077%: −$4.05
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$42.55
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 2 min ago; Binance: live order book, 13 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 tradeXYZ live order book, 2 min ago	1.50 bp	12.7 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.83 bp	12.1 bp −$12	56.8 bp −$568	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	902.99	+0.051%	$45K	$133	20x	as long as short
Binance COSTUSDTshort	0.0000%	8h	902.86	+0.037%	$1.1M	$1.0M	20x
Bybit COSTUSDT	0.0000%	8h	903.00	+0.052%	$491K	$91K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	903.42	+0.099%	$442K	$124K	10x	as long as short
Gate COST_USDT	0.0000%	8h	902.75	+0.024%	$523K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	902.56	+0.003%	$411K	$85K	25x	as long as short
Variational Omni COST	0.0000%	8h	902.72	+0.021%	$40K	$14K	—	as long as short
SunX COST-USDT	0.0000%	8h	902.60	+0.008%	$1K	$2.7M	10x	as long as short
HTX COST-USDT	0.0000%	8h	904.07	+0.171%	$10K	$42K	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−1.169%	$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	901.99	−0.060%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	903.03	+0.055%	—	—	25x	as long as short
QFEX COST-USD	+0.0046%	1h	902.64	+0.012%	$1.1M	$2.4M	10x	as long as short
tradeXYZ xyz:COSTlong	+0.0050%	1h	902.53	long leg	$1.8M	$510K	20x
KuCoin COSTUSDTM	+0.0100%	8h	902.30	−0.025%	$48K	$935K	20x	as long as short