Funding arb · Price arb /

GPS

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Variational Omni against Extended−0.124%7-day average — · 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 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Variational 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 0.124% cheaper against Extended than usual: you would sell low and buy high, −$12 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	Extended GPS-USD	0.01118	0.0104	pay 0.0013% / 1h	10m 19s	—	—	5x
Short	Variational Omni GPS	0.01117	0.0100	get 0.0050% / 4h	10m 19s	$3K	$201	—

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 −0.124%Rate

Funding earned: −$0.84
Price spread: −0.124% → 0.000%: −$12.35
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: −$18.19
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; 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 no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Extended and 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.

GPS on 13 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
Aster GPSUSDT	+0.0100%	4h	0.01119	+0.077%	$10K	$15K	5x	as long as short
Binance GPSUSDT	+0.0100%	4h	0.01119	+0.039%	$8.7M	$9.1M	50x	as long as short
Bybit GPSUSDT	+0.0100%	4h	0.01117	−0.105%	$1.5M	$1.3M	50x	as long as short
OKX GPS-USDT-SWAP	+0.0100%	4h	0.01118	−0.015%	$931K	$1.6M	20x	as long as short
Gate GPS_USDT	+0.0100%	8h	0.01119	+0.119%	$587K	$333K	25x	as long as short
MEXC GPS_USDT	+0.0100%	4h	0.01118	+0.012%	$2.7M	$542K	100x	as long as short
KuCoin GPSUSDTM	+0.0100%	4h	0.01121	+0.262%	$553K	$153K	30x	as long as short
Bitget GPSUSDT	+0.0100%	4h	0.01120	+0.155%	$927K	$706K	50x	as long as short
BingX GPS-USDT	+0.0100%	4h	0.01119	+0.074%	—	$1.3M	—	as long as short
Variational Omni GPSshort	+0.0100%	4h	0.01117	−0.124%	$3K	$201	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GPS-USDT	+0.0100%	4h	0.01118	+0.003%	$9K	$143K	20x	as long as short
Extended GPS-USDlong	+0.0104%	1h	0.01118	long leg	—	—	5x
Kraken Futures PF_GPSUSD	+0.0618%	1h	0.01126	+0.715%	$17K	$8K	10x	as long as short