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

M

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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 Orderly−0.083%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.083% cheaper against Orderly than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_M_USDC1.47030.0100pay 0.0050% / 4h2h 15m$2K$13910x
ShortVariational Omni M1.46910.0100get 0.0050% / 4h2h 15m$90K$42K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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: −0.083% → 0.000%
−$8.27
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$14.27
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Variational Omni no order-book sample
Orderly 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%4h1.4689−0.095%$4.7M$2.3M20xas long as short
Gate M_USDT+0.0100%8h1.4676−0.184%$2.0M$894K10xas long as short
Bitget MUSDT+0.0100%4h1.4695−0.054%$1.9M$342K10xas long as short
Variational Omni Mshort+0.0100%4h1.4691−0.083%$90K$42K
Orderly PERP_M_USDClong+0.0100%4h1.4703long leg$2K$13910x
SunX M-USDT+0.0100%4h1.4704+0.007%$2K$542K20xas long as short
Aster MUSDT+0.0460%4h1.4717+0.093%$15K$115K5xas long as short
BingX M-USDT+0.0672%4h1.4692−0.075%$2.4Mas long as short
BloFin M-USDT+0.0682%4h1.4680−0.156%$349K$401K10xas long as short
MEXC M_USDT+0.0726%4h1.4699−0.027%$246K$112K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MUSDT+0.0737%4h1.4687−0.109%$5.4M$4.5M10xas long as short
KuCoin MUSDTM+0.0922%4h1.4651−0.355%$1.4M$4.4M10xas long as short