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 +0.026%
Price spread now: BingX against Variational Omni+0.862%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 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: BingX is 0.862% dearer against Variational Omni than usual: you sell high and buy low, +$86 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COOKIE0.012340.0100pay 0.0050% / 4h2h 32m$12K$21K
ShortBingX COOKIE-USDT0.012450.0100get 0.0050% / 4h2h 32m$6.5M

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
$0
Price spread: +0.862% → 0.000%
$86.24
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$76.24
Costs to cover
0.100%
Break-even
from the start
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 ago6.47 bp32.8 bp −$33208.6 bp −$2,086451.5 bp −$45.1K619.6 bp −$309.8K
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 COOKIEUSDT+0.0100%4h0.01246+0.991%$2.1M$9.6M20xas long as short
Bybit COOKIEUSDT+0.0100%4h0.01242+0.660%$862K$1.5M25xas long as short
Gate COOKIE_USDT+0.0100%4h0.01244+0.814%$124K$234K25xas long as short
MEXC COOKIE_USDT+0.0100%4h0.01246+0.976%$620K$368K100xas long as short
KuCoin COOKIEUSDTM+0.0100%4h0.01243+0.733%$228K$162K20xas long as short
Bitget COOKIEUSDT+0.0100%4h0.01247+1.057%$361K$311K5xas long as short
BingX COOKIE-USDTshort+0.0100%4h0.01245+0.862%$6.5M
Variational Omni COOKIElong+0.0100%4h0.01234long leg$12K$21K
Kraken Futures PF_COOKIEUSD+0.0439%1h0.01248+1.122%$12K$40K10xas long as short