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

M

all M markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0222%/8h= −24.3% APRnext payment $1.11 per $10,000 · paid last 24h −0.127%
Price spread now: Variational Omni against Aster+0.086%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.086% dearer against Aster than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 31 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUSDT1.41810.0322pay 0.0161% / 4h3h 34m$15K$87K5x
ShortVariational Omni M1.41930.0100get 0.0050% / 4h3h 34m$88K$43K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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
−$46.62
Price spread: +0.086% → 0.000%
$8.56
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$46.06
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Variational Omni no order-book sample
Aster 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.

M on 12 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
Bybit MUSDT+0.0100%4h1.4192+0.078%$4.4M$1.8M20xas long as short
Gate M_USDT+0.0100%8h1.4187+0.043%$1.9M$873K10xas long as short
Bitget MUSDT+0.0100%4h1.4197+0.114%$1.8M$253K10xas long as short
Variational Omni Mshort+0.0100%4h1.4193+0.086%$88K$43K
Orderly PERP_M_USDC+0.0100%4h1.4197+0.114%$2K$51010xas long as short
SunX M-USDT+0.0100%4h1.4194+0.093%$1K$774K20xas long as short
Aster MUSDTlong+0.0322%4h1.4181long leg$15K$87K5x
BloFin M-USDT+0.0453%4h1.4209+0.198%$358K$449K10xas long as short
BingX M-USDT+0.0476%4h1.4198+0.121%$2.4Mas long as short
MEXC M_USDT+0.0510%4h1.4200+0.135%$235K$106K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MUSDT+0.0510%4h1.4198+0.124%$5.5M$3.8M10xas long as short
KuCoin MUSDTM+0.1308%4h1.4074−0.756%$1.4M$3.9M10xas long as short