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

AUCTION

all AUCTION markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against OKX−0.150%7-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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.150% cheaper against OKX than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AUCTION-USDT-SWAP3.68100.0100pay 0.0050% / 4h7m 11s$772K$679K20x
ShortVariational Omni AUCTION3.67550.0100get 0.0050% / 4h7m 11s$170$38

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
$0
Price spread: −0.150% → 0.000%
−$15.03
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$25.03
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.36 bp24.3 bp −$241530.3 bp −$15.3Kdoesn't fitdoesn't fit
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.

AUCTION on 11 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_AUCTIONUSD−0.0745%1h3.6847+0.102%$8K$25110xas long as short
Aster AUCTIONUSDT+0.0100%4h3.6868+0.157%$884$2K5xas long as short
Binance AUCTIONUSDT+0.0100%4h3.6853+0.116%$2.4M$1.5M50xas long as short
Bybit AUCTIONUSDT+0.0100%4h3.6870+0.163%$579K$272K25xas long as short
OKX AUCTION-USDT-SWAPlong+0.0100%4h3.6810long leg$772K$679K20x
Gate AUCTION_USDT+0.0100%8h3.6860+0.136%$102K$66K50xas long as short
MEXC AUCTION_USDT+0.0100%4h3.6850+0.109%$445K$147K20xas long as short
KuCoin AUCTIONUSDTM+0.0100%4h3.6850+0.109%$370K$114K20xas long as short
Bitget AUCTIONUSDT+0.0100%4h3.6850+0.109%$376K$133K25xas long as short
BingX AUCTION-USDT+0.0100%4h3.6850+0.109%$7.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AUCTIONshort+0.0100%4h3.6755−0.150%$170$38