Funding arb · Price arb /

ALT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0355%/8h= +38.9% APRpaid last 24h +0.024%

Price spread now: Gate against Variational Omni+0.184%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Gate

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

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.184% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ALT	0.007470	−0.0255	get 0.0128% / 4h	1h 41m	$4K	$12K	—
Short	Gate ALT_USDT	0.007484	0.0100	get 0.0100% / 8h	1h 41m	$51K	$412K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee Variational OmnibpFee GatebpOrdersPrice spread, now +0.184%Rate

Funding earned: $74.57
Price spread: +0.184% → 0.000%: $18.35
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $77.93
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 39 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Gate live order book, 39 min ago	11.35 bp	250.4 bp −$250	doesn't fit	doesn't fit	doesn'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.

ALT 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
Variational Omni ALTlong	−0.0255%	4h	0.007470	long leg	$4K	$12K	—
Bybit ALTUSDT	−0.0009%	4h	0.007482	+0.157%	$1.2M	$1.6M	25x	as long as short
Deribit ALT_USDC-PERPETUAL	0.0000%	1h	0.007488	+0.237%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007381	−1.195%	$815	$4K	5.5x	as long as short
BloFin ALT-USDT	+0.0097%	4h	0.007480	+0.130%	$171K	$9K	50x	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007487	+0.224%	$1.1M	$185K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007484	+0.182%	$2.6M	$3.5M	50x	as long as short
Gate ALT_USDTshort	+0.0100%	8h	0.007484	+0.184%	$51K	$412K	25x
MEXC ALT_USDT	+0.0100%	4h	0.007486	+0.210%	$389K	$188K	50x	as long as short
KuCoin ALTUSDTM	+0.0100%	4h	0.007488	+0.237%	$149K	$21K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ALTUSDT	+0.0100%	4h	0.007478	+0.103%	$614K	$99K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007487	+0.224%	—	$1.3M	—	as long as short
Kraken Futures PF_ALTUSD	+0.0348%	1h	0.007491	+0.283%	$44K	$8K	10x	as long as short
Coinbase International ALT-PERP-INTX	+0.0448%	1h	0.007498	+0.371%	$14K	$3K	50x	as long as short