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

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0169%/8h= −18.5% APRnext payment $0.84 per $10,000 · paid last 24h −0.187%
Price spread now: Variational Omni against Aster−0.140%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 airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.140% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOTUSDT0.00050800.0100pay 0.0050% / 4h16m 04s$14K$9K5x
ShortVariational Omni NOT0.0005073−0.0069pay 0.0034% / 4h16m 04s$71K$39K

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
−$35.48
Price spread: −0.140% → 0.000%
−$14.05
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$57.52
Costs to cover
0.080%
Break-even
never at this rate
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.

NOT on 16 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
Variational Omni NOTshort−0.0069%4h0.0005073−0.140%$71K$39K
Injective NOT/USDC PERP+0.0033%1h0.0004874−4.063%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0059%4h0.0005079−0.028%$112K$17K50xas long as short
Lighter 1000NOT+0.0096%1h0.0005089+0.177%$11K$5K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005080−0.008%$372K$50K3xas long as short
Aster NOTUSDTlong+0.0100%4h0.0005080long leg$14K$9K5x
Binance NOTUSDT+0.0100%4h0.0005081+0.012%$2.1M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005075−0.106%$2.1M$825K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005077−0.067%$632K$617K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005070−0.205%$141K$79K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005080−0.008%$1.4M$462K200xas long as short
KuCoin NOTUSDTM+0.0100%4h0.0005073−0.146%$463K$137K50xas long as short
Bitget NOTUSDT+0.0100%4h0.0005084+0.071%$668K$383K50xas long as short
BingX NOT-USDT+0.0100%4h0.0005076−0.087%$7.5Mas long as short
Extended kNOT-USD+0.0104%1h0.0005080−0.007%$4K$4915xas long as short
Kraken Futures PF_NOTUSD+0.4201%1h0.0005078−0.046%$50K$10K10xas long as short