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−0.0542%/8h= −59.3% APRnext payment $2.71 per $10,000 · paid last 24h −0.092%
Price spread now: Variational Omni against MEXC−0.347%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 0.347% cheaper against MEXC than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 4_USDT0.021770.0642pay 0.0321% / 4h8m 28s$1.9M$852K100x
ShortVariational Omni 40.021690.0100get 0.0050% / 4h8m 28s$53K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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
−$113.82
Price spread: −0.347% → 0.000%
−$34.75
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$152.57
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago4.59 bp16.0 bp −$16101.7 bp −$1,017266.7 bp −$26.7Kdoesn'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%4h0.02169−0.347%$53K$5K
SunX 4-USDT+0.0100%4h0.02173−0.184%$2K$1.1M20xas long as short
Aster 4USDT+0.0461%4h0.02175−0.105%$249K$95K5xas long as short
KuCoin 4USDTM+0.0610%4h0.02172−0.230%$956K$12.9M20xas long as short
MEXC 4_USDTlong+0.0642%4h0.02177long leg$1.9M$852K100x
Binance 4USDT+0.0647%4h0.02177−0.020%$8.4M$11.2M20xas long as short
Gate 4_USDT+0.0690%4h0.02176−0.028%$590K$239K20xas long as short
BingX 4-USDT+0.0786%4h0.02175−0.092%$1.4Mas long as short
Bybit 4USDT+0.0791%4h0.02175−0.110%$2.9M$1.7M5xas long as short