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

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.2% APRnext payment $0.37 per $10,000 · paid last 24h −0.010%
Price spread now: Variational Omni against Aster−0.159%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 airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.159% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BASEDUSDT0.067710.0175pay 0.0087% / 4h2h 19m$28K$6K5x
ShortVariational Omni BASED0.067610.0100get 0.0050% / 4h2h 19m$92K$22K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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
−$15.73
Price spread: −0.159% → 0.000%
−$15.93
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$39.66
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample
Sell Variational Omni no order-book sample
Aster and 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.

BASED on 15 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
Binance BASEDUSDT+0.0100%4h0.06775+0.048%$4.2M$2.9M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06768−0.050%$2.1M$576K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06768−0.050%$2.6M$3.4M20xas long as short
Gate BASED_USDT+0.0100%4h0.06771−0.006%$539K$519K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06774+0.038%$4.8M$656K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06770−0.021%$565K$111K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06782+0.156%$1.3M$360K25xas long as short
BingX BASED-USDT+0.0100%4h0.06772+0.009%$1.6Mas long as short
Variational Omni BASEDshort+0.0100%4h0.06761−0.159%$92K$22K
GRVT BASED_USDT_Perp+0.0100%4h0.06776+0.065%$93K$372K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06769−0.036%$1K$797K20xas long as short
Extended BASED-USD+0.0104%1h0.06773+0.026%$5K$226K5xas long as short
BloFin BASED-USDT+0.0105%4h0.06779+0.112%$251K$37K25xas long as short
Aster BASEDUSDTlong+0.0175%4h0.06771long leg$28K$6K5x
Orderly PERP_BASED_USDC+0.0307%4h0.06774+0.038%$3K$65210xas long as short