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 −0.083%
Price spread now: BingX against Variational Omni−0.242%7-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
Funding pays, the price is against you. BingX is 0.242% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.242% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 3 months of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CAP0.046120.0090pay 0.0045% / 4h2h 12m$8K$8K
ShortBingX CAP-USDT0.046010.0100get 0.0050% / 4h2h 12m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$2.2
Price spread: −0.242% → 0.000%
−$24.17
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$31.97
Costs to cover
0.100%
Break-even
108.7 days
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 4 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 BingX live order book, 4 min ago4.34 bp24.4 bp −$2478.9 bp −$789doesn'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.

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%4h0.04595−0.372%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0418%4h0.04602−0.220%$2.1M$7.1M10xas long as short
Bitget CAPUSDT−0.0044%4h0.04596−0.350%$1.0M$588K10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04602−0.222%150xas long as short
Variational Omni CAPlong+0.0090%4h0.04612long leg$8K$8K
Lighter CAP+0.0096%1h0.04602−0.213%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04599−0.286%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04604−0.185%$9.0M$8.8M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04600−0.263%$4.5M$4.1M10xas long as short
Gate CAP_USDT+0.0100%4h0.04601−0.242%$327K$1.2M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CAP_USDT+0.0100%4h0.04601−0.242%$560K$236K20xas long as short
BingX CAP-USDTshort+0.0100%4h0.04601−0.242%$1.6M
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04602−0.213%$5K$58210xas long as short