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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.17 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against Variational Omni−0.025%86s7-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 4 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 0.025% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CAP0.046530.0100pay 0.0050% / 4h3h 33m$8K$8K
ShortBloFin CAP-USDT0.046520.0066get 0.0033% / 4h3h 33m$368K$60K10x

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
−$7.09
Price spread: −0.025% → 0.000%
−$2.55
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$21.64
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 62 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 BloFin live order book, 62 min ago1.08 bp25.9 bp −$2667.3 bp −$673doesn'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 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/USDL 0.0000% / S 0.0000%1h0.04623−0.653%150xas long as short
BloFin CAP-USDTshort+0.0066%4h0.04652−0.025%$368K$60K10x
BingX CAP-USDT+0.0070%4h0.04634−0.412%$1.6Mas long as short
Lighter CAP+0.0096%1h0.04632−0.445%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04633−0.443%$26K$58K5xas long as short
Binance CAPUSDT+0.0100%4h0.04635−0.389%$8.8M$8.3M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04639−0.305%$4.5M$3.9M10xas long as short
OKX CAP-USDT-SWAP+0.0100%4h0.04639−0.305%$1.9M$7.2M10xas long as short
Gate CAP_USDT+0.0100%4h0.04634−0.412%$321K$1.2M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04632−0.455%$533K$224K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CAPUSDTM+0.0100%4h0.04635−0.391%$4.3M$1.3M10xas long as short
Bitget CAPUSDT+0.0100%4h0.04631−0.477%$1.0M$607K10xas long as short
Variational Omni CAPlong+0.0100%4h0.04653long leg$8K$8K
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04633−0.438%$4K$2K10xas long as short