Funding arb · Price arb /

GENIUS

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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: Variational Omni against Bitget+0.038%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Variational Omni

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: Variational Omni is 0.038% dearer against Bitget than usual: you sell high and buy low, +$4 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	Bitget GENIUSUSDT	0.3519	0.0100	pay 0.0050% / 4h	1h 08m	$727K	$1.1M	20x
Short	Variational Omni GENIUS	0.3520	0.0100	get 0.0050% / 4h	1h 08m	$92K	$40K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BitgetbpFee Variational OmnibpOrdersPrice spread, now +0.038%Rate

Funding earned: $0
Price spread: +0.038% → 0.000%: $3.83
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.17
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	9.79 bp	29.5 bp −$29	156.8 bp −$1,568	doesn't fit	doesn'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.

GENIUS on 12 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
Bybit GENIUSUSDT	+0.0100%	4h	0.3521	+0.057%	$1.4M	$2.2M	25x	as long as short
Gate GENIUS_USDT	+0.0100%	4h	0.3518	−0.028%	$241K	$376K	20x	as long as short
KuCoin GENIUSUSDTM	+0.0100%	4h	0.3517	−0.048%	$527K	$1.8M	20x	as long as short
Bitget GENIUSUSDTlong	+0.0100%	4h	0.3519	long leg	$727K	$1.1M	20x
Variational Omni GENIUSshort	+0.0100%	4h	0.3520	+0.038%	$92K	$40K	—
SunX GENIUS-USDT	+0.0100%	4h	0.3519	0.000%	$1K	$771K	20x	as long as short
BloFin GENIUS-USDT	+0.0123%	4h	0.3524	+0.142%	$503K	$23K	50x	as long as short
BingX GENIUS-USDT	+0.0150%	4h	0.3522	+0.085%	—	$1.7M	—	as long as short
MEXC GENIUS_USDT	+0.0164%	4h	0.3523	+0.114%	$516K	$311K	20x	as long as short
Binance GENIUSUSDT	+0.0165%	4h	0.3523	+0.114%	$9.2M	$17.2M	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GENIUS-USD	+0.0168%	1h	0.3522	+0.085%	$2K	$210K	5x	as long as short
Aster GENIUSUSDT	+0.0703%	4h	0.3525	+0.171%	$257K	$382K	20x	as long as short