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: Orderly against Variational Omni−0.492%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: Orderly is 0.492% cheaper against Variational Omni than usual: you would sell low and buy high, −$49 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni M1.48000.0100pay 0.0050% / 4h34m 23s$92K$43K
ShortOrderly PERP_M_USDC1.47270.0100get 0.0050% / 4h34m 23s$2K$59610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.492% → 0.000%
−$49.19
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$55.19
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Orderly: 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 Variational Omni no order-book sample
Sell Orderly no order-book sample
Variational Omni and Orderly: 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%4h1.4714−0.580%$4.6M$2.3M20xas long as short
Gate M_USDT+0.0100%8h1.4711−0.600%$2.0M$931K10xas long as short
Bitget MUSDT+0.0100%4h1.4728−0.485%$1.9M$363K10xas long as short
Variational Omni Mlong+0.0100%4h1.4800long leg$92K$43K
Orderly PERP_M_USDCshort+0.0100%4h1.4727−0.492%$2K$59610x
SunX M-USDT+0.0100%4h1.4746−0.364%$1K$614K20xas long as short
Aster MUSDT+0.0907%4h1.4742−0.392%$15K$116K5xas long as short
BingX M-USDT+0.1246%4h1.4723−0.519%$2.4Mas long as short
BloFin M-USDT+0.1288%4h1.4787−0.086%$351K$434K10xas long as short
MEXC M_USDT+0.1294%4h1.4743−0.384%$251K$111K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MUSDT+0.1294%4h1.4713−0.589%$5.6M$4.7M10xas long as short
KuCoin MUSDTM+0.1422%4h1.4556−1.645%$1.4M$4.3M10xas long as short