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

INIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against BingX−0.018%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX INIT-USDT0.081760.0100pay 0.0050% / 4h2h 42m$6.6M
ShortVariational Omni INIT0.081750.0100get 0.0050% / 4h2h 42m$26K$23K

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
$0
Price spread: −0.018% → 0.000%
−$1.78
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$11.78
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 10 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, 10 min ago4.28 bp29.0 bp −$2987.8 bp −$878551.5 bp −$55.2K768.1 bp −$384.1K
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.

INIT on 13 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
Hyperliquid INIT+0.0100%1h0.08168−0.099%$296K$235K3xas long as short
Aster INITUSDT+0.0100%4h0.08169−0.086%$27K$36K5xas long as short
Binance INITUSDT+0.0100%4h0.08174−0.028%$3.4M$3.6M25xas long as short
Bybit INITUSDT+0.0100%4h0.08169−0.086%$1.4M$1.4M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h0.08191+0.183%$132K$631K10xas long as short
Gate INIT_USDT+0.0100%8h0.08167−0.110%$83K$56K25xas long as short
MEXC INIT_USDT+0.0100%4h0.08175−0.012%$444K$215K20xas long as short
KuCoin INITUSDTM+0.0100%4h0.08181+0.061%$325K$55K25xas long as short
Bitget INITUSDT+0.0100%4h0.08170−0.073%$427K$311K25xas long as short
BingX INIT-USDTlong+0.0100%4h0.08176long leg$6.6M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni INITshort+0.0100%4h0.08175−0.018%$26K$23K
BloFin INIT-USDT+0.0137%4h0.08178+0.024%$155K$110K25xas long as short
Kraken Futures PF_INITUSD+0.0535%1h0.08176−0.005%$6K$17K10xas long as short