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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0962%/8h= −105.4% APRnext payment $4.81 per $10,000 · paid last 24h −0.335%
Price spread now: Variational Omni against Bitget−0.302%7-day average −0.200% · 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)−0.596%−$60 on $10k
Price spread, last 3 days (all we have)+0.627%+$63 · spread now −0.302%, 7d avg −0.200%
Together, before fees+0.031%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Variational Omni is 0.101% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.200%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSDT0.039340.0100pay 0.0050% / 4h1h 41m$1.2M$2.7M50x
ShortVariational Omni S0.03922−0.0862pay 0.0431% / 4h1h 41m$611K$32K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
−$202.07
Price spread: −0.302% → −0.200%
−$10.15
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$224.22
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: RFQ quote, 43 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 Bitget live order book, 1 min ago5.08 bp21.3 bp −$2158.1 bp −$581doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 43 min ago8.94 bpdoesn't fit83.0 bp −$830doesn't fitdoesn't fit

S on 25 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
Kraken Futures PF_SUSD−0.1588%1h0.03935+0.025%$33K$26K10xas long as short
Coinbase International S-PERP-INTX−0.1576%1h0.03826−2.745%$47K$5K25xas long as short
Variational Omni Sshort−0.0862%4h0.03922−0.302%$611K$32K
GMX S/USD [WBTC.b-USDC]L −0.0194% / S +0.0188%1h0.03937+0.086%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03934+0.004%$415xas long as short
01 Exchange SUSD−0.0016%1h0.03940+0.153%$24K$2K5xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03936+0.058%$607150xas long as short
Deribit S_USDC-PERPETUAL+0.0004%1h0.03937+0.076%$66K$10K10xas long as short
Orderly PERP_S_USDC+0.0024%4h0.039340.000%$100K$348K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.220%$2K$37K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SUSDT+0.0058%4h0.03938+0.107%$43K$212K10xas long as short
Lighter S+0.0096%1h0.03938+0.102%$165K$222K5xas long as short
Hyperliquid S+0.0100%1h0.03934+0.005%$987K$788K5xas long as short
Binance SUSDT+0.0100%4h0.03934+0.004%$5.4M$20.4M75xas long as short
Bybit SUSDT+0.0100%4h0.03931−0.076%$5.6M$5.9M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03932−0.051%$981K$6.4M20xas long as short
Gate S_USDT+0.0100%4h0.03931−0.076%$321K$265K50xas long as short
MEXC S_USDT+0.0100%4h0.039340.000%$3.6M$2.3M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03932−0.051%$1.8M$3.1M50xas long as short
Bitget SUSDTlong+0.0100%4h0.03934long leg$1.2M$2.7M50x
BingX S-USDT+0.0100%4h0.03935+0.025%$6.7Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03930−0.102%$25K$466K50xas long as short
Extended S-USD+0.0104%1h0.03932−0.058%$221K$881K10xas long as short
BloFin S-USDT+0.0340%4h0.03930−0.102%$268K$127K75xas long as short
Backpack S_USDC_PERP+0.0377%1h0.03940+0.153%$115K$300K5xas long as short