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+0.0226%/8h= +24.7% APRnext payment +$1.13 per $10,000 · paid last 24h +0.114%
Price spread now: BingX against Variational Omni+0.334%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 +$7 a day on $10k at the current rate, and BingX is 0.334% dearer against Variational Omni than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 40.019990.0100pay 0.0050% / 4h56m 00s$45K$8K
ShortBingX 4-USDT0.020060.0326get 0.0163% / 4h56m 00s$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$47.46
Price spread: +0.334% → 0.000%
$33.42
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$70.88
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; BingX: 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 BingX live order book, 4 min ago30.31 bp52.4 bp −$52131.7 bp −$1,317889.5 bp −$88.9Kdoesn'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%4h0.01999long leg$45K$8K
SunX 4-USDT+0.0100%4h0.02000+0.054%$2K$1.3M20xas long as short
Bybit 4USDT+0.0193%4h0.01997−0.076%$2.6M$1.9M5xas long as short
MEXC 4_USDT+0.0308%4h0.02002+0.154%$1.4M$902K100xas long as short
Binance 4USDT+0.0308%4h0.02002+0.149%$7.8M$12.9M20xas long as short
Aster 4USDT+0.0325%4h0.02000+0.060%$239K$114K5xas long as short
BingX 4-USDTshort+0.0326%4h0.02006+0.334%$1.4M
Gate 4_USDT+0.0428%4h0.01988−0.526%$533K$290K20xas long as short
KuCoin 4USDTM+0.0776%4h0.01996−0.146%$875K$12.6M20xas long as short