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

M

all M markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Variational Omni−0.447%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: Bitget is 0.447% cheaper against Variational Omni than usual: you would sell low and buy high, −$45 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni M1.43230.0100pay 0.0050% / 4h32m 22s$89K$43K
ShortBitget MUSDT1.42590.0100get 0.0050% / 4h32m 22s$1.8M$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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: −0.447% → 0.000%
−$44.68
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$56.68
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 5 min ago. 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 Variational Omni no order-book sample
Sell Bitget live order book, 5 min ago10.13 bp56.3 bp −$56436.0 bp −$4,360doesn't fitdoesn't fit
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%4h1.4273−0.349%$4.5M$1.8M20xas long as short
Gate M_USDT+0.0100%8h1.4260−0.440%$1.9M$911K10xas long as short
Bitget MUSDTshort+0.0100%4h1.4259−0.447%$1.8M$250K10x
Variational Omni Mlong+0.0100%4h1.4323long leg$89K$43K
Orderly PERP_M_USDC+0.0100%4h1.4277−0.321%$2K$51010xas long as short
SunX M-USDT+0.0100%4h1.4296−0.188%$2K$762K20xas long as short
Aster MUSDT+0.0487%4h1.4267−0.389%$15K$87K5xas long as short
BloFin M-USDT+0.0619%4h1.4245−0.545%$358K$439K10xas long as short
Binance MUSDT+0.0643%4h1.4273−0.350%$5.6M$3.8M10xas long as short
MEXC M_USDT+0.0654%4h1.4270−0.370%$239K$106K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX M-USDT+0.0676%4h1.4275−0.335%$2.4Mas long as short
KuCoin MUSDTM+0.1952%4h1.4141−1.273%$1.4M$4.0M10xas long as short