Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Aster against tradeXYZ+0.017%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:COST	898.12	0.0050	pay 0.0006% / 1h	0m 19s	$1.8M	$532K	20x
Short	Aster COSTUSDT	898.27	0	get 0.0000% / 8h	7h 00m	$45K	$178	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$10.5
Price spread: +0.017% → 0.000%: $1.69
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.81
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago	0.06 bp	18.1 bp −$18	doesn't fit	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	898.27	+0.017%	$45K	$178	20x
Bybit COSTUSDT	0.0000%	8h	898.52	+0.045%	$491K	$218K	25x	as long as short
Gate COST_USDT	0.0000%	8h	898.52	+0.045%	$523K	$7K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	898.38	+0.029%	$403K	$111K	25x	as long as short
SunX COST-USDT	0.0000%	8h	898.00	−0.013%	$1K	$3.1M	10x	as long as short
HTX COST-USDT	0.0000%	8h	899.67	+0.173%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0017%	1h	898.14	+0.002%	$1.1M	$3.0M	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.684%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	+0.014%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	898.00	−0.013%	—	—	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:COSTlong	+0.0050%	1h	898.12	long leg	$1.8M	$532K	20x
OKX COST-USDT-SWAP	+0.0059%	8h	898.40	+0.031%	$444K	$121K	10x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	897.60	−0.058%	$47K	$861K	20x	as long as short
Variational Omni COST	+0.0269%	8h	898.37	+0.027%	$42K	$17K	—	as long as short
Binance COSTUSDT	+0.0419%	8h	898.34	+0.024%	$1.1M	$945K	20x	as long as short