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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.011%
Price spread now: Variational Omni against gTrade (Gains Network)−0.212%51s7-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 1 day (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 pays, the price is against you. Variational Omni is 0.212% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.212% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 7.1 days of funding at the current rate (+$3 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) CAP/USD0.04651L 0.0000% / S 0.0000%get 0.0000% / 1h42m 31s150x
ShortVariational Omni CAP0.046410.0100get 0.0050% / 4h2h 42m$8K$8K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against gTrade (Gains Network). 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
$21
Price spread: −0.212% → 0.000%
−$21.25
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.25
Costs to cover
0.120%
Break-even
11.1 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell Variational Omni no order-book sample
gTrade (Gains Network) 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.

CAP on 14 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
gTrade (Gains Network) CAP/USDlongL 0.0000% / S 0.0000%1h0.04651long leg150x
BingX CAP-USDT+0.0070%4h0.04648−0.066%$1.6Mas long as short
Lighter CAP+0.0096%1h0.04648−0.057%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04649−0.034%$25K$58K5xas long as short
Binance CAPUSDT+0.0100%4h0.04650−0.023%$8.8M$8.1M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04648−0.066%$4.5M$3.8M10xas long as short
Gate CAP_USDT+0.0100%4h0.04653+0.041%$322K$1.1M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04649−0.045%$549K$217K20xas long as short
KuCoin CAPUSDTM+0.0100%4h0.04649−0.045%$4.3M$1.3M10xas long as short
Bitget CAPUSDT+0.0100%4h0.04650−0.023%$1.0M$600K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CAPshort+0.0100%4h0.04641−0.212%$8K$8K
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04650−0.012%$4K$2K10xas long as short
BloFin CAP-USDT+0.0110%4h0.04658+0.149%$364K$61K10xas long as short
OKX CAP-USDT-SWAP+0.0214%4h0.04652+0.020%$1.9M$7.1M10xas long as short