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

ELSA

all ELSA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Variational Omni+0.394%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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.394% dearer against Variational Omni than usual: you sell high and buy low: +$39 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ELSA0.055840.0100pay 0.0050% / 4h31m 49s$1K$461
ShortBitget ELSAUSDT0.056060.0222get 0.0111% / 4h31m 49s$467K$188K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$25.62
Price spread: +0.394% → 0.000%
$39.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$52.98
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 19 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 Bitget live order book, 19 min ago11.62 bp43.5 bp −$43383.4 bp −$3,834doesn'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.

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
Binance ELSAUSDT+0.0100%4h0.05623+0.698%$1.3M$1.2M20xas long as short
Gate ELSA_USDT+0.0100%4h0.05605+0.376%$141K$48K20xas long as short
MEXC ELSA_USDT+0.0100%4h0.05621+0.662%$512K$133K50xas long as short
KuCoin ELSAUSDTM+0.0100%4h0.05605+0.376%$186K$24K20xas long as short
Variational Omni ELSAlong+0.0100%4h0.05584long leg$1K$461
Bitget ELSAUSDTshort+0.0222%4h0.05606+0.394%$467K$188K20x
Aster ELSAUSDT+0.0445%4h0.05611+0.478%$33K$5K5xas long as short
BingX ELSA-USDT+0.0504%4h0.05622+0.680%$1.3Mas long as short
Bybit ELSAUSDT+0.0685%4h0.05621+0.662%$839K$296K20xas long as short