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+0.0384%/8h= +42.1% APRnext payment +$1.92 per $10,000 · paid last 24h +0.096%
Price spread now: Aster against Variational Omni−1.998%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 · Aster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 1.998% cheaper against Variational Omni than usual: you would sell low and buy high (spread −1.998% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$200 on $10k: about 17 days of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 40.021280.0100pay 0.0050% / 4h2h 51m$49K$8K
ShortAster 4USDT0.020850.0484get 0.0242% / 4h2h 51m$244K$98K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$80.71
Price spread: −1.998% → 0.000%
−$199.84
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$127.13
Costs to cover
0.080%
Break-even
18.0 days
Slippage unknown: Variational Omni: no order-book sample; Aster: live order book, 15 min ago. 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 Variational Omni no order-book sample
Sell Aster live order book, 15 min ago5.10 bp36.3 bp −$36doesn't fitdoesn't fitdoesn't fit
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 4long+0.0100%4h0.02128long leg$49K$8K
SunX 4-USDT+0.0100%4h0.02095−1.538%$1K$1.1M20xas long as short
Bybit 4USDT+0.0228%4h0.02083−2.106%$2.7M$1.8M5xas long as short
Aster 4USDTshort+0.0484%4h0.02085−1.998%$244K$98K5x
Gate 4_USDT+0.0524%4h0.02086−1.970%$568K$258K20xas long as short
KuCoin 4USDTM+0.0594%4h0.02086−1.961%$928K$12.7M20xas long as short
Binance 4USDT+0.0621%4h0.02087−1.915%$8.0M$11.8M20xas long as short
MEXC 4_USDT+0.0624%4h0.02087−1.914%$1.6M$880K100xas long as short
BingX 4-USDT+0.0638%4h0.02087−1.895%$1.4Mas long as short