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

FOLKS

all FOLKS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Variational Omni+0.309%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 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.309% dearer against Variational Omni than usual: you sell high and buy low, +$31 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni FOLKS2.14810.0100pay 0.0050% / 4h3h 10m$14K$687
ShortLighter FOLKS2.15470.0096get 0.0012% / 1h10m 57s$73K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.309% → 0.000%
$30.95
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$30.11
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Lighter: 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 Variational Omni no order-book sample
Sell Lighter no order-book sample
Variational Omni and Lighter: 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.

FOLKS on 11 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
BloFin FOLKS-USDT+0.0069%4h2.1540+0.277%$412K$29K50xas long as short
Lighter FOLKSshort+0.0096%1h2.1547+0.309%$73K$2K3x
Aster FOLKSUSDT+0.0100%4h2.1482+0.006%$44K$12K5xas long as short
Binance FOLKSUSDT+0.0100%4h2.1520+0.184%$6.3M$1.6M50xas long as short
Bybit FOLKSUSDT+0.0100%4h2.1488+0.035%$1.2M$340K20xas long as short
Gate FOLKS_USDT+0.0100%8h2.1420−0.282%$262K$122K50xas long as short
MEXC FOLKS_USDT+0.0100%4h2.1520+0.184%$963K$191K100xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1370−0.515%$1.2M$2.9M50xas long as short
Variational Omni FOLKSlong+0.0100%4h2.1481long leg$14K$687
BingX FOLKS-USDT+0.0168%4h2.1500+0.091%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget FOLKSUSDT+0.0186%4h2.1495+0.067%$1.0M$158K50xas long as short