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

COOKIE

all COOKIE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Variational Omni against Binance−0.954%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 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.954% cheaper against Binance than usual: you would sell low and buy high, −$95 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COOKIEUSDT0.012460.0100pay 0.0050% / 4h2h 32m$2.1M$9.6M20x
ShortVariational Omni COOKIE0.012340.0100get 0.0050% / 4h2h 32m$12K$21K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
Price spread: −0.954% → 0.000%
−$95.37
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$105.37
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago2.39 bp42.9 bp −$43380.3 bp −$3,803doesn'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.

COOKIE on 9 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
Binance COOKIEUSDTlong+0.0100%4h0.01246long leg$2.1M$9.6M20x
Bybit COOKIEUSDT+0.0100%4h0.01242−0.300%$862K$1.5M25xas long as short
Gate COOKIE_USDT+0.0100%4h0.01244−0.148%$124K$234K25xas long as short
MEXC COOKIE_USDT+0.0100%4h0.01245−0.067%$620K$368K100xas long as short
KuCoin COOKIEUSDTM+0.0100%4h0.01244−0.148%$228K$162K20xas long as short
Bitget COOKIEUSDT+0.0100%4h0.01247+0.093%$361K$311K5xas long as short
BingX COOKIE-USDT+0.0100%4h0.01245−0.083%$6.5Mas long as short
Variational Omni COOKIEshort+0.0100%4h0.01234−0.954%$12K$21K
Kraken Futures PF_COOKIEUSD+0.0439%1h0.01248+0.158%$12K$40K10xas long as short