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

DRIFT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −4.0% APRnext payment $0.18 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Variational Omni+0.131%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 · farm boardneeds both histories
The price spread pays, funding is against you. BloFin is 0.131% dearer against Variational Omni than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DRIFT0.017700.0100pay 0.0050% / 4h30m 37s$24K$6K
ShortBloFin DRIFT-USDT0.017720.0064get 0.0032% / 4h30m 37s$158K$10K20x

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
−$7.66
Price spread: +0.131% → 0.000%
$13.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$6.61
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 66 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, 66 min ago11.51 bp33.8 bp −$34140.4 bp −$1,404doesn'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.

DRIFT on 10 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 DRIFT/USDC PERP+0.0033%1h0.01591−10.097%$9K5.5xas long as short
BloFin DRIFT-USDTshort+0.0064%4h0.01772+0.131%$158K$10K20x
Binance DRIFTUSDT+0.0100%4h0.01777+0.413%$2.4M$6.6M20xas long as short
Bybit DRIFTUSDT+0.0100%4h0.01773+0.181%$2.4M$2.8M20xas long as short
Gate DRIFT_USDT+0.0100%4h0.01771+0.074%$124K$236K10xas long as short
MEXC DRIFT_USDT+0.0100%4h0.01775+0.300%$421K$167K20xas long as short
KuCoin DRIFTUSDTM+0.0100%4h0.01768−0.096%$687K$122K20xas long as short
Bitget DRIFTUSDT+0.0100%4h0.01772+0.131%$546K$363K10xas long as short
BingX DRIFT-USDT+0.0100%4h0.01773+0.187%$6.6Mas long as short
Variational Omni DRIFTlong+0.0100%4h0.01770long leg$24K$6K