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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%
Price spread now: Bybit against Variational Omni−0.651%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.651% cheaper against Variational Omni than usual: you would sell low and buy high, −$65 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 40.020030.0100pay 0.0050% / 4h3h 09m$45K$8K
ShortBybit 4USDT0.019900.0100get 0.0050% / 4h3h 09m$2.6M$2.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.651% → 0.000%
−$65.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$76.05
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago3.99 bp193.4 bp −$193608.7 bp −$6,087doesn'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
Bybit 4USDTshort+0.0100%4h0.01990−0.651%$2.6M$2.0M5x
Gate 4_USDT+0.0100%4h0.01996−0.356%$533K$298K20xas long as short
Variational Omni 4long+0.0100%4h0.02003long leg$45K$8K
SunX 4-USDT+0.0100%4h0.01994−0.446%$1K$1.4M20xas long as short
Aster 4USDT+0.0184%4h0.01993−0.487%$238K$110K5xas long as short
Binance 4USDT+0.0207%4h0.01993−0.511%$7.8M$13.3M20xas long as short
MEXC 4_USDT+0.0212%4h0.01994−0.446%$1.6M$936K100xas long as short
BingX 4-USDT+0.0226%4h0.01994−0.461%$1.4Mas long as short
KuCoin 4USDTM+0.0536%4h0.01991−0.596%$850K$12.3M20xas long as short