Funding arb · Price arb /

GENIUS

all GENIUS 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: MEXC against Variational Omni+0.103%7-day average +0.198% · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+0.112%+$11 · spread now +0.103%, 7d avg +0.198%

Together, before fees+0.125%+ Points / potential airdropVariational Omni: Active · farm board+$12 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: MEXC is 0.095% cheaper against Variational Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.198%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GENIUS	0.3498	0.0100	pay 0.0050% / 4h	3h 31m	$92K	$39K	—
Short	MEXC GENIUS_USDT	0.3502	0.0100	get 0.0050% / 4h	3h 31m	$492K	$321K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.103%Rate

Funding earned: $0
Price spread: +0.103% → +0.198%: −$9.49
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$13.49
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 13 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 MEXC live order book, 13 min ago	1.43 bp	17.0 bp −$17	93.7 bp −$937	817.1 bp −$81.7K	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.

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	0.3501	+0.075%	$9.1M	$17.2M	50x	as long as short
Bybit GENIUSUSDT	+0.0100%	4h	0.3498	−0.011%	$1.4M	$2.2M	25x	as long as short
Gate GENIUS_USDT	+0.0100%	4h	0.3497	−0.040%	$245K	$377K	20x	as long as short
MEXC GENIUS_USDTshort	+0.0100%	4h	0.3502	+0.103%	$492K	$321K	20x
KuCoin GENIUSUSDTM	+0.0100%	4h	0.3498	−0.011%	$529K	$1.8M	20x	as long as short
Bitget GENIUSUSDT	+0.0100%	4h	0.3496	−0.074%	$713K	$1.1M	20x	as long as short
BingX GENIUS-USDT	+0.0100%	4h	0.3503	+0.132%	—	$1.7M	—	as long as short
Variational Omni GENIUSlong	+0.0100%	4h	0.3498	long leg	$92K	$39K	—
SunX GENIUS-USDT	+0.0100%	4h	0.3500	+0.046%	$2K	$727K	20x	as long as short
Extended GENIUS-USD	+0.0104%	1h	0.3500	+0.046%	$1K	$166K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin GENIUS-USDT	+0.0128%	4h	0.3502	+0.103%	$500K	$25K	50x	as long as short
Aster GENIUSUSDT	+0.0611%	4h	0.3503	+0.119%	$256K	$412K	20x	as long as short