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

COOKIE

all COOKIE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%
Price spread now: Variational Omni against Bitget−0.273%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.273% cheaper against Bitget than usual: you would sell low and buy high, −$27 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COOKIEUSDT0.012700.0100pay 0.0050% / 4h5m 31s$367K$299K5x
ShortVariational Omni COOKIE0.012670.0100get 0.0050% / 4h5m 31s$11K$19K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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: −0.273% → 0.000%
−$27.34
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$39.34
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 45 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 Bitget live order book, 45 min ago7.99 bp60.1 bp −$60doesn'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.

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
Kraken Futures PF_COOKIEUSD−0.0478%1h0.01267−0.204%$10K$37K10xas long as short
Bybit COOKIEUSDT−0.0127%4h0.01270−0.024%$876K$1.4M25xas long as short
Binance COOKIEUSDT+0.0100%4h0.01271+0.047%$2.1M$8.6M20xas long as short
Gate COOKIE_USDT+0.0100%4h0.01271+0.079%$129K$210K25xas long as short
MEXC COOKIE_USDT+0.0100%4h0.01269−0.079%$606K$340K100xas long as short
KuCoin COOKIEUSDTM+0.0100%4h0.012700.000%$230K$141K20xas long as short
Bitget COOKIEUSDTlong+0.0100%4h0.01270long leg$367K$299K5x
BingX COOKIE-USDT+0.0100%4h0.01270−0.024%$6.5Mas long as short
Variational Omni COOKIEshort+0.0100%4h0.01267−0.273%$11K$19K