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

BR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0622%/8h= −68.1% APRnext payment $3.11 per $10,000 · paid last 24h −0.116%
Price spread now: Variational Omni against Bitget+0.066%7-day average −0.009% · 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)−0.128%−$13 on $10k
Price spread, last 3 days (all we have)+0.100%+$10 · spread now +0.066%, 7d avg −0.009%
Together, before fees−0.028%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.075% dearer against Bitget than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.009%): +$8 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 3 days (−0.128% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.128% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BRUSDT1.11180.0722pay 0.0361% / 4h1h 40m$8.1M$12.6M10x
ShortVariational Omni BR1.11260.0100get 0.0050% / 4h1h 40m$265K$296K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$130.62
Price spread: +0.066% → −0.009%
$7.54
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$135.08
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 43 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 Bitget live order book, 3 min ago3.45 bp34.9 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 43 min ago3.66 bpdoesn't fit132.5 bp −$1,325doesn't fitdoesn't fit

BR 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
BingX BR-USDT+0.0080%4h1.1116−0.021%$6.3Mas long as short
Bybit BRUSDT+0.0100%4h1.1105−0.120%$10.8M$25.9M5xas long as short
Variational Omni BRshort+0.0100%4h1.1126+0.066%$265K$296K
SunX BR-USDT+0.0100%4h1.1119+0.005%$689K10xas long as short
HTX BR-USDT+0.0100%4h1.1181+0.563%$86K$238K20xas long as short
KuCoin BRUSDTM+0.0304%4h1.1118+0.001%$4.9M$5.5M30xas long as short
Gate BR_USDT+0.0308%4h1.1106−0.112%$7.5M$8.7M20xas long as short
Aster BRUSDT+0.0551%4h1.1113−0.048%$728K$2.7M5xas long as short
Bitget BRUSDTlong+0.0722%4h1.1118long leg$8.1M$12.6M10x
MEXC BR_USDT+0.1180%4h1.1132+0.127%$15.4M$7.5M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1180%4h1.1117−0.008%$53.2M$164.1M25xas long as short