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+0.0287%/8h= +31.4% APRnext payment +$1.43 per $10,000 · paid last 24h +0.109%
Price spread now: Binance against Variational Omni+1.809%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 1.809% dearer against Variational Omni than usual: you sell high and buy low: +$181 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 40.019930.0100pay 0.0050% / 4h1h 21m$45K$8K
ShortBinance 4USDT0.020290.0387get 0.0193% / 4h1h 21m$7.9M$12.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$60.26
Price spread: +1.809% → 0.000%
$180.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$231.18
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 4 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 Binance live order book, 4 min ago3.25 bp29.5 bp −$29155.8 bp −$1,558doesn'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%4h0.01993long leg$45K$8K
SunX 4-USDT+0.0100%4h0.02027+1.704%$2K$1.3M20xas long as short
BingX 4-USDT+0.0344%4h0.02030+1.844%$1.4Mas long as short
Bybit 4USDT+0.0354%4h0.02025+1.588%$2.6M$1.9M5xas long as short
MEXC 4_USDT+0.0364%4h0.02030+1.854%$1.5M$926K100xas long as short
Binance 4USDTshort+0.0387%4h0.02029+1.809%$7.9M$12.7M20x
Aster 4USDT+0.0409%4h0.02026+1.659%$243K$115K5xas long as short
Gate 4_USDT+0.0494%4h0.02026+1.674%$547K$289K20xas long as short
KuCoin 4USDTM+0.0836%4h0.02029+1.804%$851K$12.6M20xas long as short