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

CC

all CC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.002%
Price spread now: Paradex against Variational Omni+0.066%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 · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.066% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CC0.11800.0100pay 0.0050% / 4h9m 08s$589K$43K
ShortParadex CC-USD-PERP0.11810.0098get 0.0098% / 8h9m 08s$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.46
Price spread: +0.066% → 0.000%
$6.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
$2.19
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Paradex: 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 Variational Omni RFQ quote, 5 min ago12.71 bpdoesn't fit368.5 bp −$3,685doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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.

CC on 19 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
Injective CC/USDC PERP−0.3320%1h0.1169−0.960%$6K$1005.5xas long as short
Paradex CC-USD-PERPshort+0.0098%8h0.1181+0.066%$1K5x
Aster CCUSDT+0.0100%4h0.1181+0.052%$35K$38K20xas long as short
Binance CCUSDT+0.0100%4h0.1182+0.113%$11.1M$11.2M75xas long as short
Bybit CCUSDT+0.0100%4h0.1182+0.150%$10.7M$3.8M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1184+0.328%$2.6M$3.5M20xas long as short
Gate CC_USDT+0.0100%4h0.1180−0.019%$364K$214K50xas long as short
MEXC CC_USDT+0.0100%4h0.1182+0.116%$1.6M$316K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1184+0.286%$501K$116K50xas long as short
Bitget CCUSDT+0.0100%4h0.1184+0.277%$945K$792K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1183+0.201%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1182+0.175%$15K$22K10xas long as short
Variational Omni CClong+0.0100%4h0.1180long leg$589K$43K
GRVT CC_USDT_Perp+0.0100%4h0.1182+0.108%$82K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1180+0.011%$6K$36K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1180−0.002%$589K$107K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0448% / S −0.0241%1h0.1182+0.170%$44K50xas long as short
Hyperliquid CC+0.0509%1h0.1184+0.286%$5.5M$1.3M3xas long as short
Lighter CC+0.1008%1h0.1187+0.531%$236K$154K5xas long as short