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

ALT

all ALT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h +0.012%
Price spread now: Injective against Variational Omni−1.763%76s7-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 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
Funding pays, the price is against you. Injective is 1.763% cheaper against Variational Omni than usual: you would sell low and buy high (spread −1.763% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$176 on $10k: about 43 days of funding at the current rate (+$4 a day). The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ALT0.007513−0.0103get 0.0052% / 4h59m 55s$4K$12K
ShortInjective ALT/USDC PERP0.0073810.0033get 0.0004% / 1h59m 55s$815$4K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$28.68
Price spread: −1.763% → 0.000%
−$176.33
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$147.67
Costs to cover
0.000%
Break-even
43.0 days
Slippage unknown: Variational Omni: no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Injective no order-book sample
Variational Omni and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ALTlong−0.0103%4h0.007513long leg$4K$12K
Deribit ALT_USDC-PERPETUAL−0.0015%1h0.007534+0.273%$025xas long as short
Injective ALT/USDC PERPshort+0.0033%1h0.007381−1.763%$815$4K5.5x
BloFin ALT-USDT+0.0083%4h0.007522+0.113%$171K$9K50xas long as short
Bybit ALTUSDT+0.0093%4h0.007529+0.206%$1.2M$1.6M25xas long as short
Hyperliquid ALT+0.0100%1h0.007529+0.206%$1.1M$185K3xas long as short
Binance ALTUSDT+0.0100%4h0.007533+0.257%$2.6M$3.6M50xas long as short
Gate ALT_USDT+0.0100%8h0.007520+0.087%$50K$419K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007532+0.246%$390K$191K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007526+0.167%$149K$21K30xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ALTUSDT+0.0100%4h0.007519+0.073%$618K$100K50xas long as short
BingX ALT-USDT+0.0100%4h0.007526+0.167%$1.3Mas long as short
Kraken Futures PF_ALTUSD+0.0346%1h0.007536+0.305%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTX+0.0448%1h0.007528+0.193%$14K$3K50xas long as short