COST

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.702%

7d average—if it closes, per $10,000$70funding while held, a day+$1.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COST_USDT	898.29	0	get 0.0000% / 8h	5h 10m	$529K	$23K	25x
Short	Injective COST/USDC PERP	891.98	0.0033	get 0.0004% / 1h	10m 12s	$2K	$28K	12x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee GatebpFee InjectivebpOrdersClose when spread is

Spread captured: −$70.24
Funding while held: $1
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: −$84.26
Spread needed to break even: 0.150%

Slippage unknown: Gate: live order book, 22 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0033%
Per $10,000 a day: +$1.00
Average in range /8h: —

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, 22 min ago	5.51 bp	15.9 bp −$16	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 price on every exchange

against the cheapest. Click to use as the short leg.

Injective891.98cheapest

SunX897.60+0.630%Vest898.00+0.675%Bitget898.09+0.685%Extended898.12+0.688%tradeXYZ898.14+0.691%KuCoin898.20+0.697%OKX898.21+0.698%Aster898.22+0.700%Binance898.27+0.705%

Gate898.29+0.707%

QFEX898.38+0.718%Variational Omni898.43+0.723%Bybit898.47+0.728%HTX899.53+0.846%

COST on 15 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective COST/USDC PERPshort	−0.702%	+0.0033%	1h	$2K	$28K	12x
SunX COST-USDT	−0.077%	0.0000%	8h	$1K	$3.2M	10x	as long as short
Vest COST-USD-PERP	−0.032%	+0.0046%	1h	—	—	25x	as long as short
Bitget COSTUSDT	−0.022%	0.0000%	8h	$398K	$123K	25x	as long as short
Extended COST-USD	−0.019%	+0.0040%	1h	—	—	10x	as long as short
tradeXYZ xyz:COST	−0.017%	+0.0050%	1h	$1.8M	$529K	20x	as long as short
KuCoin COSTUSDTM	−0.010%	+0.0100%	8h	$40K	$960K	20x	as long as short
OKX COST-USDT-SWAP	−0.009%	0.0000%	8h	$432K	$133K	10x	as long as short
Aster COSTUSDT	−0.008%	0.0000%	8h	$45K	$178	20x	as long as short
Binance COSTUSDT	−0.002%	0.0000%	8h	$1.1M	$915K	20x	as long as short

Show all 15 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Gate COST_USDTlong	0.000%	0.0000%	8h	$529K	$23K	25x
QFEX COST-USD	+0.010%	+0.0024%	1h	$1.1M	$2.3M	10x	as long as short
Variational Omni COST	+0.016%	0.0000%	8h	$44K	$17K	—	as long as short
Bybit COSTUSDT	+0.020%	0.0000%	8h	$469K	$190K	25x	as long as short
HTX COST-USDT	+0.138%	0.0000%	8h	$9K	$40K	10x	as long as short