Funding arb · Price arb /

FOGO

all FOGO markets

Swap Backtest

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: KuCoin against Variational Omni−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on KuCoin

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 days—no 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: KuCoin is 0.033% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni FOGO	0.006982	0.0100	pay 0.0050% / 4h	3h 54m	$98K	$2K	—
Short	KuCoin FOGOUSDTM	0.006980	0.0100	get 0.0050% / 4h	3h 54m	$287K	$93K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → 0.000%: −$3.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$15.26
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 17 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 17 min ago	21.50 bp	280.1 bp −$280	doesn't fit	doesn't fit	doesn'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.

FOGO on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter FOGO	+0.0096%	1h	0.007009	+0.383%	$11K	$9K	3x	as long as short
Hyperliquid FOGO	+0.0100%	1h	0.006988	+0.082%	$712K	$291K	3x	as long as short
Aster FOGOUSDT	+0.0100%	4h	0.006990	+0.117%	$13K	$12K	5x	as long as short
Binance FOGOUSDT	+0.0100%	4h	0.006995	+0.182%	$1.9M	$2.1M	50x	as long as short
Bybit FOGOUSDT	+0.0100%	4h	0.006980	−0.033%	$761K	$200K	50x	as long as short
OKX FOGO-USDT-SWAP	+0.0100%	4h	0.006989	+0.096%	$532K	$871K	10x	as long as short
Gate FOGO_USDT	+0.0100%	4h	0.006980	−0.033%	$113K	$53K	50x	as long as short
MEXC FOGO_USDT	+0.0100%	4h	0.007000	+0.254%	$321K	$121K	50x	as long as short
KuCoin FOGOUSDTMshort	+0.0100%	4h	0.006980	−0.033%	$287K	$93K	50x
Bitget FOGOUSDT	+0.0100%	4h	0.006990	+0.111%	$135K	$63K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX FOGO-USDT	+0.0100%	4h	0.006991	+0.125%	—	$1.3M	—	as long as short
Variational Omni FOGOlong	+0.0100%	4h	0.006982	long leg	$98K	$2K	—
SunX FOGO-USDT	+0.0100%	4h	0.006980	−0.033%	$1K	$1.2M	20x	as long as short