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

BASED

all BASED 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 −0.020%
Price spread now: GRVT against Variational Omni−0.619%89s7-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 · GRVT: 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: GRVT is 0.619% cheaper against Variational Omni than usual: you would sell low and buy high, −$62 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BASED0.067680.0100pay 0.0050% / 4h2h 13m$92K$22K
ShortGRVT BASED_USDT_Perp0.067260.0100get 0.0050% / 4h2h 13m$92K$359K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: −0.619% → 0.000%
−$61.91
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$70.91
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; GRVT: live order book, 9 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 no order-book sample
Sell GRVT live order book, 9 min ago256.80 bp668.3 bp −$668doesn't fitdoesn't fitdoesn't fit
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
BloFin BASED-USDT+0.0087%4h0.06781+0.189%$251K$37K25xas long as short
Binance BASEDUSDT+0.0100%4h0.06780+0.174%$4.2M$2.9M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06772+0.056%$2.1M$582K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06770+0.027%$2.6M$3.4M20xas long as short
Gate BASED_USDT+0.0100%4h0.06773+0.071%$538K$523K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06780+0.174%$4.8M$657K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06769+0.012%$565K$111K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06786+0.263%$1.3M$360K25xas long as short
BingX BASED-USDT+0.0100%4h0.06775+0.101%$1.6Mas long as short
Variational Omni BASEDlong+0.0100%4h0.06768long leg$92K$22K
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perpshort+0.0100%4h0.06726−0.619%$92K$359K10x
SunX BASED-USDT+0.0100%4h0.06777+0.130%$1K$798K20xas long as short
Extended BASED-USD+0.0104%1h0.06779+0.159%$5K$226K5xas long as short
Aster BASEDUSDT+0.0182%4h0.06780+0.169%$29K$6K5xas long as short
Orderly PERP_BASED_USDC+0.0319%4h0.06781+0.189%$3K$65210xas long as short