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

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.015%
Price spread now: Variational Omni against BingX−0.074%7-day average · you buy dearer than you sell
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 3 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.074% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GMT-USDT0.0083330.0200pay 0.0100% / 4h11m 13s$1.2M
ShortVariational Omni GMT0.0083270.0100get 0.0100% / 8h11m 13s$3K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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
−$21
Price spread: −0.074% → 0.000%
−$7.45
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$38.45
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago7.20 bp25.0 bp −$2562.2 bp −$622574.6 bp −$57.5K884.0 bp −$442.0K
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.

GMT on 12 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
Kraken Futures PF_GMTUSD−0.1565%1h0.008339+0.066%$45K$11K20xas long as short
Hyperliquid GMT+0.0100%1h0.008335+0.024%$122K$123K3xas long as short
Aster GMTUSDT+0.0100%4h0.008337+0.044%$8K$14K10xas long as short
Binance GMTUSDT+0.0100%4h0.008340+0.084%$2.7M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.0083330.000%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008323−0.120%$347K$561K20xas long as short
Gate GMT_USDT+0.0100%8h0.008340+0.084%$145K$105K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008331−0.024%$420K$185K20xas long as short
KuCoin GMTUSDTM+0.0100%4h0.008330−0.036%$249K$99K50xas long as short
Bitget GMTUSDT+0.0100%4h0.008324−0.108%$671K$398K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GMTshort+0.0100%8h0.008327−0.074%$3K$5K
BingX GMT-USDTlong+0.0200%4h0.008333long leg$1.2M