Settings8H · net · $10k
Funding arb · Price arb /

COST

RWAall COST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: tradeXYZ against Injective+1.166%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 1.166% dearer against Injective than usual: you sell high and buy low: +$117 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective COST/USDC PERP891.980.0033pay 0.0004% / 1h34m 14s$2K$28K12x
ShorttradeXYZ xyz:COST902.380.0050get 0.0006% / 1h34m 14s$1.8M$510K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Injective. 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

Funding earned
$3.5
Price spread: +1.166% → 0.000%
$116.59
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$102.07
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell tradeXYZ live order book, 2 min ago1.50 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
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 on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h902.91+1.225%$45K$13320xas long as short
Binance COSTUSDT0.0000%8h902.86+1.220%$1.1M$1.0M20xas long as short
Bybit COSTUSDT0.0000%8h903.00+1.235%$491K$91K25xas long as short
OKX COST-USDT-SWAP0.0000%8h903.42+1.283%$442K$124K10xas long as short
Gate COST_USDT0.0000%8h902.74+1.206%$523K$8K25xas long as short
Bitget COSTUSDT0.0000%8h902.56+1.186%$411K$85K25xas long as short
Variational Omni COST0.0000%8h902.72+1.204%$40K$14Kas long as short
SunX COST-USDT0.0000%8h902.60+1.191%$1K$2.7M10xas long as short
HTX COST-USDT0.0000%8h904.07+1.355%$10K$42K10xas long as short
Injective COST/USDC PERPlong+0.0033%1h891.98long leg$2K$28K12x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended COST-USD+0.0040%1h901.57+1.075%10xas long as short
Vest COST-USD-PERP+0.0046%1h903.03+1.239%25xas long as short
QFEX COST-USD+0.0046%1h902.64+1.195%$1.1M$2.4M10xas long as short
tradeXYZ xyz:COSTshort+0.0050%1h902.38+1.166%$1.8M$510K20x
KuCoin COSTUSDTM+0.0100%8h902.30+1.157%$48K$935K20xas long as short