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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.06 per $10,000 · paid last 24h −0.146%
Price spread now: Variational Omni against Gate−0.461%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 4 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 $0 a day on $10k at the current rate, and Variational Omni is 0.461% cheaper against Gate than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate 4_USDT0.020310.0112pay 0.0056% / 4h3h 34m$545K$293K20x
ShortVariational Omni 40.020220.0100get 0.0050% / 4h3h 34m$46K$8K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
−$2.52
Price spread: −0.461% → 0.000%
−$46.06
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$63.58
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 17 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 Gate live order book, 17 min ago6.93 bp481.1 bp −$481doesn'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
Bybit 4USDT+0.0100%4h0.02027−0.192%$2.6M$2.0M5xas long as short
Variational Omni 4short+0.0100%4h0.02022−0.461%$46K$8K
SunX 4-USDT+0.0100%4h0.02026−0.246%$2K$1.3M20xas long as short
Gate 4_USDTlong+0.0112%4h0.02031long leg$545K$293K20x
MEXC 4_USDT+0.0180%4h0.02027−0.197%$1.6M$911K100xas long as short
Binance 4USDT+0.0182%4h0.02031+0.005%$7.9M$13.2M20xas long as short
BingX 4-USDT+0.0194%4h0.020310.000%$1.4Mas long as short
Aster 4USDT+0.0210%4h0.02028−0.166%$241K$109K5xas long as short
KuCoin 4USDTM+0.0556%4h0.02026−0.246%$854K$12.4M20xas long as short