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

PUFFER

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0236%/8h= +25.8% APRnext payment +$2.36 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Variational Omni+0.089%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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.089% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PUFFER0.02790−0.0327get 0.0327% / 8h3h 12m$4K$44K
ShortMEXC PUFFER_USDT0.02792−0.0091pay 0.0091% / 8h3h 12m$224K$217K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$49.51
Price spread: +0.089% → 0.000%
$8.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$54.43
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 22 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 MEXC live order book, 22 min ago10.77 bp25.1 bp −$25143.3 bp −$1,433213.6 bp −$21.4Kdoesn'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.

PUFFER on 3 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 PUFFERlong−0.0327%8h0.02790long leg$4K$44K
MEXC PUFFER_USDTshort−0.0091%8h0.02792+0.089%$224K$217K20x
Bybit PUFFERUSDT−0.0088%8h0.02790+0.018%$688K$2.9M5xas long as short