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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0290%/8h= −31.7% APRnext payment $1.45 per $10,000 · paid last 24h −0.082%
Price spread now: Variational Omni against Aster−0.940%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.940% cheaper against Aster than usual: you would sell low and buy high (−$94 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 4USDT0.021780.0390pay 0.0195% / 4h1h 02m$249K$95K5x
ShortVariational Omni 40.021580.0100get 0.0050% / 4h1h 02m$52K$6K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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
−$60.89
Price spread: −0.940% → 0.000%
−$94.03
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$162.92
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 14 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 14 min ago5.33 bp27.9 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.

4 on 9 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
Variational Omni 4short+0.0100%4h0.02158−0.940%$52K$6K
SunX 4-USDT+0.0100%4h0.02175−0.149%$2K$1.0M20xas long as short
Aster 4USDTlong+0.0390%4h0.02178long leg$249K$95K5x
MEXC 4_USDT+0.0466%4h0.02182+0.173%$1.9M$858K100xas long as short
Gate 4_USDT+0.0482%4h0.02184+0.251%$596K$238K20xas long as short
Binance 4USDT+0.0485%4h0.02182+0.177%$8.4M$11.1M20xas long as short
KuCoin 4USDTM+0.0710%4h0.02178−0.011%$951K$13.1M20xas long as short
BingX 4-USDT+0.0728%4h0.02183+0.232%$1.4Mas long as short
Bybit 4USDT+0.0865%4h0.02181+0.145%$2.9M$1.7M5xas long as short