Funding arb · Price arb /

GENIUS

all GENIUS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%

Price spread now: Variational Omni against Extended−0.092%7-day average −0.157% · you buy dearer than you sell

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.033%−$3 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.092%, 7d avg −0.157%

Together, before fees−0.040%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.065% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.157%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GENIUS-USD	0.3482	0.0104	pay 0.0013% / 1h	13m 24s	$1K	$131K	5x
Short	Variational Omni GENIUS	0.3478	0.0100	get 0.0050% / 4h	3h 13m	$91K	$37K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now −0.092%Rate

Funding earned: −$0.84
Price spread: −0.092% → −0.157%: $6.5
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $0.66
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 38 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 Extended live order book, 38 min ago	8.65 bp	96.4 bp −$96	651.3 bp −$6,513	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
Binance GENIUSUSDT	+0.0100%	4h	0.3483	+0.035%	$9.0M	$17.1M	50x	as long as short
Bybit GENIUSUSDT	+0.0100%	4h	0.3479	−0.075%	$1.4M	$2.2M	25x	as long as short
Gate GENIUS_USDT	+0.0100%	4h	0.3475	−0.190%	$238K	$384K	20x	as long as short
MEXC GENIUS_USDT	+0.0100%	4h	0.3481	−0.018%	$489K	$322K	20x	as long as short
KuCoin GENIUSUSDTM	+0.0100%	4h	0.3478	−0.092%	$522K	$1.8M	20x	as long as short
Bitget GENIUSUSDT	+0.0100%	4h	0.3478	−0.115%	$723K	$1.1M	20x	as long as short
BingX GENIUS-USDT	+0.0100%	4h	0.3481	−0.018%	—	$1.7M	—	as long as short
Variational Omni GENIUSshort	+0.0100%	4h	0.3478	−0.092%	$91K	$37K	—
SunX GENIUS-USDT	+0.0100%	4h	0.3481	−0.018%	$1K	$732K	20x	as long as short
Extended GENIUS-USDlong	+0.0104%	1h	0.3482	long leg	$1K	$131K	5x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin GENIUS-USDT	+0.0118%	4h	0.3483	+0.040%	$496K	$25K	50x	as long as short
Aster GENIUSUSDT	+0.0539%	4h	0.3482	+0.011%	$254K	$410K	20x	as long as short