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

ERA

all ERA 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 0.000%
Price spread now: Variational Omni against BingX+0.242%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: Variational Omni is 0.242% dearer against BingX than usual: you sell high and buy low, +$24 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ERA-USDT0.067500.0100pay 0.0050% / 4h2h 43m$6.5M
ShortVariational Omni ERA0.067660.0100get 0.0050% / 4h2h 43m$10K$594

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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: +0.242% → 0.000%
$24.17
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$14.17
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 3 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 BingX live order book, 3 min ago5.18 bp27.1 bp −$2796.8 bp −$968doesn'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.

ERA 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
Aster ERAUSDT+0.0100%4h0.06752+0.032%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06749−0.017%$2.0M$3.9M25xas long as short
Bybit ERAUSDT+0.0100%4h0.06753+0.044%$778K$741K25xas long as short
Gate ERA_USDT+0.0100%4h0.06758+0.119%$151K$652K25xas long as short
MEXC ERA_USDT+0.0100%4h0.06754+0.059%$528K$150K20xas long as short
KuCoin ERAUSDTM+0.0100%4h0.06757+0.104%$134K$64K25xas long as short
Bitget ERAUSDT+0.0100%4h0.067500.000%$811K$220K25xas long as short
BingX ERA-USDTlong+0.0100%4h0.06750long leg$6.5M
Variational Omni ERAshort+0.0100%4h0.06766+0.242%$10K$594