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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0546%/8h= −59.8% APRnext payment $2.73 per $10,000 · paid last 24h −0.110%
Price spread now: Variational Omni against Binance−0.218%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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.218% cheaper against Binance than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 4USDT0.021730.0646pay 0.0323% / 4h3h 44m$8.4M$11.2M20x
ShortVariational Omni 40.021680.0100get 0.0050% / 4h3h 44m$50K$8K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$114.7
Price spread: −0.218% → 0.000%
−$21.76
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$146.46
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 11 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 Binance live order book, 11 min ago1.15 bp29.0 bp −$29240.5 bp −$2,405doesn'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%4h0.02168−0.218%$50K$8K
SunX 4-USDT+0.0100%4h0.02170−0.119%$2K$1.1M20xas long as short
Bybit 4USDT+0.0439%4h0.02174+0.079%$2.9M$1.7M5xas long as short
Aster 4USDT+0.0469%4h0.02169−0.152%$248K$95K5xas long as short
KuCoin 4USDTM+0.0542%4h0.02173+0.019%$945K$12.8M20xas long as short
BingX 4-USDT+0.0612%4h0.02176+0.138%$1.4Mas long as short
MEXC 4_USDT+0.0628%4h0.02170−0.119%$1.9M$843K100xas long as short
Binance 4USDTlong+0.0646%4h0.02173long leg$8.4M$11.2M20x
Gate 4_USDT+0.1182%4h0.02171−0.087%$593K$241K20xas long as short