Funding arb · Price arb /

COST

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%

Price spread now: Aster against QFEX−0.003%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Aster

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 days—no price history on both exchanges yet

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX COST-USD	899.19	0.0004	pay 0.0001% / 1h	14m 19s	$1.1M	$2.6M	10x
Short	Aster COSTUSDT	899.16	0	get 0.0000% / 8h	4h 14m	$45K	$178	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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 QFEXbpFee AsterbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$0.86
Price spread: −0.003% → 0.000%: −$0.31
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.17
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 3 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 QFEX live order book, 3 min ago	252.05 bp	257.6 bp −$258	262.3 bp −$2,623	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	899.16	−0.003%	$45K	$178	20x
Binance COSTUSDT	0.0000%	8h	899.44	+0.028%	$1.1M	$934K	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	898.94	−0.028%	$490K	$219K	25x	as long as short
Gate COST_USDT	0.0000%	8h	899.37	+0.020%	$521K	$7K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	899.10	−0.010%	$403K	$77K	25x	as long as short
Variational Omni COST	0.0000%	8h	899.38	+0.021%	$41K	$17K	—	as long as short
SunX COST-USDT	0.0000%	8h	898.60	−0.066%	$2K	$2.9M	10x	as long as short
HTX COST-USDT	0.0000%	8h	901.33	+0.238%	$10K	$42K	10x	as long as short
QFEX COST-USDlong	+0.0004%	1h	899.19	long leg	$1.1M	$2.6M	10x
OKX COST-USDT-SWAP	+0.0021%	8h	899.67	+0.053%	$443K	$112K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.802%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.105%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	898.72	−0.052%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	898.74	−0.050%	$1.8M	$518K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	898.70	−0.054%	$47K	$882K	20x	as long as short