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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.96 per $10,000 · paid last 24h +0.085%
Price spread now: Binance against Variational Omni+0.345%7-day average +0.215% · you sell dearer than you buy
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)+0.093%+$9 on $10k
Price spread, last 4 days (all we have)−0.774%−$77 · spread now +0.345%, 7d avg +0.215%
Together, before fees−0.681%+ Points / potential airdropVariational Omni: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.131% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.215%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ATH0.005490−0.0093get 0.0046% / 4h2h 10m$184K$93K
ShortBinance ATHUSDT0.0055090.0100get 0.0050% / 4h2h 10m$3.3M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$40.46
Price spread: +0.345% → +0.215%
$13.08
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$43.54
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 58 min ago; Binance: live order book, 11 min ago. 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 RFQ quote, 58 min ago8.03 bpdoesn't fit163.2 bp −$1,632doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.62 bp31.1 bp −$3187.3 bp −$873doesn't fitdoesn't fit

ATH on 12 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
Kraken Futures PF_ATHUSD−0.2741%1h0.005503+0.229%$19K$106K10xas long as short
Variational Omni ATHlong−0.0093%4h0.005490long leg$184K$93K
dYdX ATH-USD0.0000%1h0.005513+0.418%$11K$575xas long as short
Aster ATHUSDT+0.0100%4h0.005509+0.343%$5K$41K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005509+0.345%$3.3M$4.1M50x
Bybit ATHUSDT+0.0100%4h0.005497+0.127%$4.4M$2.5M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005502+0.218%$700K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005500+0.181%$786K$558K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005509+0.345%$8.8M$623K50xas long as short
KuCoin ATHUSDTM+0.0100%4h0.005495+0.090%$554K$76K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ATHUSDT+0.0100%4h0.005505+0.273%$1.5M$851K25xas long as short
BingX ATH-USDT+0.0100%4h0.005504+0.254%$21.7Mas long as short