Funding arb · Price arb /

GPS

all GPS 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: Variational Omni against MEXC−0.075%7-day average — · you buy dearer than you sell

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

Long on MEXC 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 0.075% cheaper against MEXC than usual: you would sell low and buy high, −$7 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	MEXC GPS_USDT	0.01131	0.0100	pay 0.0050% / 4h	1h 44m	$2.9M	$361K	100x
Short	Variational Omni GPS	0.01130	0.0100	get 0.0050% / 4h	1h 44m	$3K	$201	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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 MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.075%Rate

Funding earned: $0
Price spread: −0.075% → 0.000%: −$7.5
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$11.5
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago	3.09 bp	12.7 bp −$13	49.8 bp −$498	287.6 bp −$28.8K	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	0.01131	−0.003%	$10K	$14K	5x	as long as short
Binance GPSUSDT	+0.0100%	4h	0.01131	+0.012%	$9.0M	$8.0M	50x	as long as short
Bybit GPSUSDT	+0.0100%	4h	0.01130	−0.053%	$1.4M	$1.2M	50x	as long as short
OKX GPS-USDT-SWAP	+0.0100%	4h	0.01132	+0.088%	$934K	$1.0M	20x	as long as short
Gate GPS_USDT	+0.0100%	8h	0.01131	+0.035%	$590K	$206K	25x	as long as short
MEXC GPS_USDTlong	+0.0100%	4h	0.01131	long leg	$2.9M	$361K	100x
KuCoin GPSUSDTM	+0.0100%	4h	0.01131	+0.027%	$549K	$128K	30x	as long as short
Variational Omni GPSshort	+0.0100%	4h	0.01130	−0.075%	$3K	$201	—
HTX GPS-USDT	+0.0100%	4h	0.01132	+0.124%	$8K	$140K	20x	as long as short
Extended GPS-USD	+0.0104%	1h	0.01131	−0.013%	—	—	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GPS-USDT	+0.0186%	4h	0.01131	−0.009%	—	$1.3M	—	as long as short
Bitget GPSUSDT	+0.0192%	4h	0.01132	+0.142%	$941K	$522K	50x	as long as short
Kraken Futures PF_GPSUSD	+0.2688%	1h	0.01132	+0.096%	$17K	$5K	10x	as long as short