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

ERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Variational Omni−0.051%7-day average · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.051% cheaper against Variational Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ERA0.067530.0100pay 0.0050% / 4h3h 44m$10K$594
ShortBybit ERAUSDT0.067500.0100get 0.0050% / 4h3h 44m$742K$767K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.051% → 0.000%
−$5.11
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$16.11
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 25 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 Bybit live order book, 25 min ago5.14 bp80.9 bp −$81222.2 bp −$2,222doesn'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.

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
Gate ERA_USDT−0.0706%4h0.06753−0.007%$148K$669K25xas long as short
Aster ERAUSDT+0.0100%4h0.06753−0.014%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06753−0.014%$2.1M$4.3M25xas long as short
Bybit ERAUSDTshort+0.0100%4h0.06750−0.051%$742K$767K25x
MEXC ERA_USDT+0.0100%4h0.06755+0.023%$520K$136K20xas long as short
KuCoin ERAUSDTM+0.0100%4h0.06754+0.008%$134K$45K25xas long as short
Bitget ERAUSDT+0.0100%4h0.06759+0.082%$813K$242K25xas long as short
BingX ERA-USDT+0.0100%4h0.06750−0.051%$6.6Mas long as short
Variational Omni ERAlong+0.0100%4h0.06753long leg$10K$594