Funding arb · Price arb /

AIXBT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h —

Price spread now: Variational Omni against Reya+0.056%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.056% dearer against Reya than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya AIXBTRUSDPERP	0.02242	0.0372	pay 0.0047% / 1h	9m 04s	—	—	—
Short	Variational Omni AIXBT	0.02243	0.0100	get 0.0050% / 4h	1h 09m	$99K	$11K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee Variational OmnibpOrdersPrice spread, now +0.056%Rate

Funding earned: −$57.16
Price spread: +0.056% → 0.000%: $5.57
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$57.59
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Reya no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Reya and 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.

AIXBT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_AIXBTUSD	−0.0903%	1h	0.02244	+0.080%	$20K	$7K	10x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02245	+0.127%	$372K	$179K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02244	+0.091%	$2.4M	$2.9M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02241	−0.042%	$1.2M	$966K	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02242	+0.002%	$449K	$1.5M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02245	+0.136%	$192K	$80K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02244	+0.092%	$446K	$187K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02243	+0.047%	$1.1M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02246	+0.181%	$640K	$456K	20x	as long as short
BingX AIXBT-USDT	+0.0100%	4h	0.02242	+0.002%	—	$6.6M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AIXBTshort	+0.0100%	4h	0.02243	+0.056%	$99K	$11K	—
BloFin AIXBT-USDT	+0.0111%	4h	0.02241	−0.042%	$118K	$63K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0269% / S −0.0489%	1h	0.02243	+0.056%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERPlong	+0.0372%	1h	0.02242	long leg	—	—	—