ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0884%/8h= −96.8% APRnext payment −$4.42 per $10,000 · paid last 24h −0.182%

Price spread now: Variational Omni against BingX+0.169%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Variational Omni

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 days—no price history on both exchanges yet

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

The price spread pays, funding is against you. Variational Omni is 0.169% dearer against BingX than usual: you sell high and buy low (spread +0.169% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ALCH-USDT	0.05133	0.0984	pay 0.0492% / 4h	53m 59s	—	$6.8M	—
Short	Variational Omni ALCH	0.05142	0.0100	get 0.0050% / 4h	53m 59s	$3K	$17K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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 BingXbpFee Variational OmnibpOrdersPrice spread, now +0.169%Rate

Funding earned: −$185.64
Price spread: +0.169% → 0.000%: $16.85
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$178.79
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: BingX: live order book, 14 min ago; 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 BingX live order book, 14 min ago	9.73 bp	48.4 bp −$48	359.4 bp −$3,594	678.8 bp −$67.9K	843.5 bp −$421.7K
Sell Variational Omni no order-book sample	—	—	—	—	—

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.

ALCH on 11 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
Bybit ALCHUSDT	+0.0100%	4h	0.05128	−0.097%	$3.0M	$6.1M	20x	as long as short
Bitget ALCHUSDT	+0.0100%	4h	0.05140	+0.136%	$946K	$1.8M	10x	as long as short
Variational Omni ALCHshort	+0.0100%	4h	0.05142	+0.169%	$3K	$17K	—
Gate ALCH_USDT	+0.0114%	4h	0.05133	0.000%	$290K	$684K	20x	as long as short
Aster ALCHUSDT	+0.0980%	4h	0.05137	+0.078%	$13K	$106K	5x	as long as short
BingX ALCH-USDTlong	+0.0984%	4h	0.05133	long leg	—	$6.8M	—
Binance ALCHUSDT	+0.1008%	4h	0.05140	+0.130%	$6.1M	$27.3M	10x	as long as short
MEXC ALCH_USDT	+0.1020%	4h	0.05136	+0.058%	$4.9M	$2.4M	100x	as long as short
BloFin ALCH-USDT	+0.1064%	4h	0.05121	−0.234%	$403K	$113K	10x	as long as short
KuCoin ALCHUSDTM	+0.1278%	4h	0.05126	−0.136%	$1.2M	$274K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ALCHUSD	+0.3902%	1h	0.05132	−0.024%	$12K	$33K	10x	as long as short