Funding arb · Price arb /

GPS

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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: Variational Omni against KuCoin−0.721%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational 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 0.721% cheaper against KuCoin than usual: you would sell low and buy high, −$72 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	KuCoin GPSUSDTM	0.01148	0.0100	pay 0.0050% / 4h	42m 37s	$554K	$134K	30x
Short	Variational Omni GPS	0.01140	0.0100	get 0.0050% / 4h	42m 37s	$3K	$201	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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 KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.721%Rate

Funding earned: $0
Price spread: −0.721% → 0.000%: −$72.06
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$84.06
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 61 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 KuCoin live order book, 61 min ago	8.83 bp	243.7 bp −$244	doesn't fit	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.

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	0.01144	−0.366%	$10K	$15K	5x	as long as short
Binance GPSUSDT	+0.0100%	4h	0.01145	−0.299%	$9.1M	$8.0M	50x	as long as short
Bybit GPSUSDT	+0.0100%	4h	0.01144	−0.375%	$1.5M	$1.1M	50x	as long as short
OKX GPS-USDT-SWAP	+0.0100%	4h	0.01146	−0.157%	$952K	$1.1M	20x	as long as short
Gate GPS_USDT	+0.0100%	8h	0.01145	−0.244%	$596K	$207K	25x	as long as short
MEXC GPS_USDT	+0.0100%	4h	0.01145	−0.270%	$2.9M	$388K	100x	as long as short
KuCoin GPSUSDTMlong	+0.0100%	4h	0.01148	long leg	$554K	$134K	30x
Variational Omni GPSshort	+0.0100%	4h	0.01140	−0.721%	$3K	$201	—
HTX GPS-USDT	+0.0100%	4h	0.01145	−0.218%	$8K	$141K	20x	as long as short
Extended GPS-USD	+0.0104%	1h	0.01144	−0.351%	—	—	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GPSUSDT	+0.0108%	4h	0.01147	−0.087%	$964K	$547K	50x	as long as short
BingX GPS-USDT	+0.0110%	4h	0.01144	−0.322%	—	$1.3M	—	as long as short
Kraken Futures PF_GPSUSD	+0.0659%	1h	0.01152	+0.387%	$16K	$6K	10x	as long as short