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

ELSA

all ELSA markets
SwapBacktest
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 −0.005%
Price spread now: Variational Omni against Binance+0.213%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. Variational Omni is 0.213% dearer against Binance than usual: you sell high and buy low (spread +0.213% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ELSAUSDT0.055730.0136pay 0.0068% / 4h2h 08m$1.3M$1.2M20x
ShortVariational Omni ELSA0.055850.0100get 0.0050% / 4h2h 08m$1K$461

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
−$7.62
Price spread: +0.213% → 0.000%
$21.35
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$3.73
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 9 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, 9 min ago2.67 bp34.0 bp −$34531.4 bp −$5,314doesn'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.

ELSA 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
Bybit ELSAUSDT+0.0100%4h0.05571−0.029%$820K$301K20xas long as short
Gate ELSA_USDT+0.0100%4h0.05575+0.043%$139K$50K20xas long as short
KuCoin ELSAUSDTM+0.0100%4h0.05566−0.119%$184K$24K20xas long as short
Bitget ELSAUSDT+0.0100%4h0.05585+0.222%$471K$179K20xas long as short
Variational Omni ELSAshort+0.0100%4h0.05585+0.213%$1K$461
MEXC ELSA_USDT+0.0136%4h0.05572−0.011%$511K$138K50xas long as short
Binance ELSAUSDTlong+0.0136%4h0.05573long leg$1.3M$1.2M20x
BingX ELSA-USDT+0.0158%4h0.05574+0.025%$1.3Mas long as short
Aster ELSAUSDT+0.0466%4h0.05575+0.034%$32K$6K5xas long as short