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

BAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.21 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Variational Omni−0.129%101s7-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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.129% cheaper against Variational Omni than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BAT0.084630.0100pay 0.0100% / 8h5h 17m$115K$78
ShortBloFin BAT-USDT0.084520.0079get 0.0079% / 8h5h 17m$99K$24K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$4.47
Price spread: −0.129% → 0.000%
−$12.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.39
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 46 min ago; BloFin: 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 Variational Omni RFQ quote, 46 min ago6.54 bpdoesn't fit399.9 bp −$3,999doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.

BAT 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_BATUSD−0.0451%1h0.08472+0.111%$116K$14K10xas long as short
BloFin BAT-USDTshort+0.0079%8h0.08452−0.129%$99K$24K50x
Binance BATUSDT+0.0100%8h0.08475+0.143%$1.9M$1.9M50xas long as short
Bybit BATUSDT+0.0100%8h0.08483+0.237%$1.1M$467K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08464+0.013%$536K$424K20xas long as short
Gate BAT_USDT+0.0100%8h0.08471+0.095%$83K$41K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08476+0.154%$830K$627K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08470+0.083%$266K$60K20xas long as short
Bitget BATUSDT+0.0100%8h0.08470+0.083%$677K$179K50xas long as short
BingX BAT-USDT+0.0100%8h0.08475+0.143%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BATlong+0.0100%8h0.08463long leg$115K$78