Funding arb · Price arb /

API3

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Swap Backtest

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 0.000%

Price spread now: Variational Omni against MEXC+0.441%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Variational Omni

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 days—no 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: Variational Omni is 0.441% dearer against MEXC than usual: you sell high and buy low, +$44 on $10k if it 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	MEXC API3_USDT	0.2610	0.0100	pay 0.0050% / 4h	3h 09m	$456K	$292K	50x
Short	Variational Omni API3	0.2622	0.0100	get 0.0050% / 4h	3h 09m	$6K	$1	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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 MEXCbpFee Variational OmnibpOrdersPrice spread, now +0.441%Rate

Funding earned: $0
Price spread: +0.441% → 0.000%: $44.12
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $36.12
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: MEXC: live order book, 35 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 MEXC live order book, 35 min ago	1.90 bp	11.6 bp −$12	49.0 bp −$490	129.8 bp −$13.0K	260.4 bp −$130.2K
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.

API3 on 12 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
BloFin API3-USDT	+0.0081%	4h	0.2617	+0.268%	$134K	$21K	50x	as long as short
Aster API3USDT	+0.0100%	4h	0.2613	+0.127%	$2K	$4K	5x	as long as short
Binance API3USDT	+0.0100%	4h	0.2612	+0.077%	$2.6M	$2.0M	50x	as long as short
Bybit API3USDT	+0.0100%	4h	0.2613	+0.115%	$982K	$395K	25x	as long as short
OKX API3-USDT-SWAP	+0.0100%	4h	0.2608	−0.077%	$647K	$502K	10x	as long as short
Gate API3_USDT	+0.0100%	8h	0.2615	+0.192%	$125K	$113K	50x	as long as short
MEXC API3_USDTlong	+0.0100%	4h	0.2610	long leg	$456K	$292K	50x
KuCoin API3USDTM	+0.0100%	4h	0.2613	+0.115%	$1.0M	$241K	30x	as long as short
Bitget API3USDT	+0.0100%	4h	0.2611	+0.038%	$647K	$195K	20x	as long as short
BingX API3-USDT	+0.0100%	4h	0.2612	+0.077%	—	$6.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni API3short	+0.0100%	4h	0.2622	+0.441%	$6K	$1	—
Kraken Futures PF_API3USD	+0.4777%	1h	0.2619	+0.362%	$13K	$3K	10x	as long as short