Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against SunX+0.080%7-day average +0.114% · you sell dearer than you buy

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

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.080%, 7d avg +0.114%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.114%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX COST-USDT	901.80	0	get 0.0000% / 8h	1h 39m	$2K	$2.9M	10x
Short	OKX COST-USDT-SWAP	902.52	0	get 0.0000% / 8h	1h 39m	$442K	$123K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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 SunXbpFee OKXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $0
Price spread: +0.080% → +0.114%: −$3.42
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$21.42
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 8 min ago; OKX: live order book, 1 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 SunX live order book, 8 min ago	500.58 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	4.76 bp	11.1 bp −$11	doesn't fit	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	902.91	+0.123%	$45K	$178	20x	as long as short
Binance COSTUSDT	0.0000%	8h	902.72	+0.102%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	902.91	+0.123%	$491K	$220K	25x	as long as short
OKX COST-USDT-SWAPshort	0.0000%	8h	902.52	+0.080%	$442K	$123K	10x
Gate COST_USDT	0.0000%	8h	902.43	+0.070%	$522K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	902.61	+0.090%	$401K	$83K	25x	as long as short
Variational Omni COST	0.0000%	8h	902.47	+0.074%	$41K	$13K	—	as long as short
SunX COST-USDTlong	0.0000%	8h	901.80	long leg	$2K	$2.9M	10x
HTX COST-USDT	0.0000%	8h	903.86	+0.228%	$10K	$42K	10x	as long as short
QFEX COST-USD	0.0000%	1h	902.31	+0.057%	$1.1M	$2.5M	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	−1.089%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.394%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	902.27	+0.052%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	901.99	+0.021%	$1.8M	$519K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	901.80	0.000%	$47K	$901K	20x	as long as short