Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

LIGHT

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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Variational OmniBITLIGHT
0.2368+0.0100pay 0.0050% / 4h3h 01m$8K$107K50xLong Variational Omni+15% pts
SHORT
AsterLIGHTUSDT
0.2375+0.0100get 0.0050% / 4h3h 01m$125K$763K5xShort Aster≤10% back
Price gap+0.323%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$21 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$300.0000% /8h now · paid +0.298% over the last 7D
Price+$21spread +0.323% now, avg +0.118% → +0.206% if it goes back
Costs−$7667.663% of $10k · taker + slippage, in and out
Result−$716−7.16%+ Points / potential airdropVariational Omni: points · Aster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.323%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LIGHT on 11 exchanges

lowest funding first

Before you open

4 ok · 2 to watch
  • Watch: Thin at this size399.2 / 46.1 bp
    At $10k entering Variational Omni costs 399.2 bp, fee and slippage, 8.7× Aster’s.
  • Note: Margin at max leverage$200 + $2,000
    Variational Omni 50x, Aster 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 6 payments, −$3.00; short Aster: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.323% vs +0.118%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$8K vs $125K OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · Aster Stage 5
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · Aster No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0142%/8h × 21 periods+$29.77
Price spread+0.323% → +0.118% (7d avg)+$20.56
Slippage, 4 orderslive order books−$758.30
Fee Variational Omni bp × 2 orders$0.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$715.98
Costs to cover7.663%Break-even175.4 days
Slippage: Variational Omni: RFQ quote, 22 min ago; Aster: live order book, 46 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni10.62399.2 bp−$399770.9 bp−$7,709doesn’t fitdoesn’t fit
SELL · SHORTAster12.8646.1 bp−$46doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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