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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.022%
Price spread now: Variational Omni against Gate+0.220%7-day average · 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)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
The price spread pays, funding is against you. Variational Omni is 0.220% dearer against Gate than usual: you sell high and buy low (spread +0.220% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CAP_USDT0.046020.0100pay 0.0050% / 4h2h 12m$327K$1.2M20x
ShortVariational Omni CAP0.046120.0090get 0.0045% / 4h2h 12m$8K$8K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
−$2.2
Price spread: +0.220% → 0.000%
$22.05
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$4.85
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Gate: live order book, 5 min ago; 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 Gate live order book, 5 min ago3.25 bp49.1 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
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 13 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
KuCoin CAPUSDTM−0.0796%4h0.04595−0.152%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0426%4h0.04597−0.109%$2.1M$7.1M10xas long as short
Bitget CAPUSDT−0.0044%4h0.04596−0.130%$1.0M$588K10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04602−0.002%150xas long as short
Variational Omni CAPshort+0.0090%4h0.04612+0.220%$8K$8K
Lighter CAP+0.0096%1h0.04601−0.030%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04599−0.064%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04598−0.087%$8.9M$8.8M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04598−0.087%$4.4M$4.1M10xas long as short
Gate CAP_USDTlong+0.0100%4h0.04602long leg$327K$1.2M20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CAP_USDT+0.0100%4h0.04601−0.022%$560K$236K20xas long as short
BingX CAP-USDT+0.0100%4h0.04603+0.022%$1.6Mas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04600−0.043%$5K$58210xas long as short