COST

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.007%

Price spread now: QFEX against tradeXYZ+0.014%49s7-day average +0.033% · you sell dearer than you buy

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

Long on tradeXYZ Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.018%−$2 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.014%, 7d avg +0.033%

Together, before fees−0.038%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:COST	902.71	0.0050	pay 0.0006% / 1h	30m 46s	$1.8M	$509K	20x
Short	QFEX COST-USD	902.84	0.0004	get 0.0001% / 1h	30m 46s	$1.1M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$9.58
Price spread: +0.014% → +0.033%: −$1.81
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$39.39
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 7 min ago; QFEX: live order book, 7 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 tradeXYZ live order book, 7 min ago	1.16 bp	16.4 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 7 min ago	1.11 bp	6.8 bp −$7	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	902.88	+0.019%	$45K	$133	20x	as long as short
Binance COSTUSDT	0.0000%	8h	903.07	+0.040%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	902.83	+0.013%	$491K	$91K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	903.08	+0.041%	$443K	$122K	10x	as long as short
Gate COST_USDT	0.0000%	8h	902.77	+0.007%	$523K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	902.77	+0.007%	$401K	$82K	25x	as long as short
Variational Omni COST	0.0000%	8h	902.95	+0.026%	$41K	$13K	—	as long as short
SunX COST-USDT	0.0000%	8h	902.60	−0.012%	$2K	$2.8M	10x	as long as short
HTX COST-USDT	0.0000%	8h	905.00	+0.254%	$10K	$42K	10x	as long as short
QFEX COST-USDshort	+0.0004%	1h	902.84	+0.014%	$1.1M	$2.4M	10x

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	−1.189%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.494%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	902.11	−0.066%	—	—	25x	as long as short
tradeXYZ xyz:COSTlong	+0.0050%	1h	902.71	long leg	$1.8M	$509K	20x
KuCoin COSTUSDTM	+0.0100%	8h	902.30	−0.045%	$48K	$906K	20x	as long as short