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

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0209%/8h= +22.9% APRnext payment +$2.09 per $10,000 · paid last 24h +0.014%
Price spread now: Gate against Variational Omni+1.153%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 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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 1.153% dearer against Variational Omni than usual: you sell high and buy low: +$115 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GMT0.008542−0.0109get 0.0109% / 8h4h 31m$4K$5K
ShortGate GMT_USDT0.0086400.0100get 0.0100% / 8h4h 31m$153K$179K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$43.94
Price spread: +1.153% → 0.000%
$115.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$144.25
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 19 min ago. 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 Gate live order book, 19 min ago11.67 bp44.8 bp −$45doesn't fitdoesn't fitdoesn'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.

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−0.1460%1h0.008650+1.269%$45K$14K20xas long as short
KuCoin GMTUSDTM−0.0584%4h0.008640+1.153%$282K$191K50xas long as short
Bybit GMTUSDT−0.0471%8h0.008636+1.106%$1.1M$2.0M50xas long as short
OKX GMT-USDT-SWAP−0.0398%4h0.008641+1.165%$400K$1.2M20xas long as short
Variational Omni GMTlong−0.0109%8h0.008542long leg$4K$5K
Aster GMTUSDT−0.0108%4h0.008641+1.164%$7K$22K10xas long as short
Bitget GMTUSDT−0.0028%4h0.008642+1.177%$682K$663K50xas long as short
BingX GMT-USDT+0.0050%4h0.008634+1.083%$1.3Mas long as short
Hyperliquid GMT+0.0100%1h0.008641+1.165%$115K$154K3xas long as short
Binance GMTUSDT+0.0100%4h0.008642+1.177%$3.0M$5.3M50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GMT_USDTshort+0.0100%8h0.008640+1.153%$153K$179K50x
MEXC GMT_USDT+0.0100%4h0.008646+1.223%$441K$209K20xas long as short