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

SHELL

all SHELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1030%/8h= −112.8% APRnext payment $5.15 per $10,000 · paid last 24h −0.143%
Price spread now: Variational Omni against BingX−0.442%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 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 against this trade now: funding costs −$31 a day on $10k at the current rate, and Variational Omni is 0.442% cheaper against BingX than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SHELL-USDT0.027050.1130pay 0.0565% / 4h1h 49m$6.5M
ShortVariational Omni SHELL0.026930.0100get 0.0050% / 4h1h 49m$1K$1K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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
−$216.3
Price spread: −0.442% → 0.000%
−$44.16
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$270.46
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; 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 BingX live order book, 2 min ago9.25 bp37.5 bp −$38169.1 bp −$1,691666.9 bp −$66.7K845.3 bp −$422.7K
Sell Variational Omni no order-book sample
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.

SHELL on 10 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
Aster SHELLUSDT+0.0100%4h0.02699−0.221%$1K$10K5xas long as short
OKX SHELL-USDT-SWAP+0.0100%4h0.02711+0.222%$171K$462K10xas long as short
Gate SHELL_USDT+0.0100%4h0.02708+0.111%$411K$207K10xas long as short
KuCoin SHELLUSDTM+0.0100%4h0.02704−0.037%$342K$35K10xas long as short
Variational Omni SHELLshort+0.0100%4h0.02693−0.442%$1K$1K
MEXC SHELL_USDT+0.0126%4h0.02700−0.185%$280K$143K50xas long as short
Binance SHELLUSDT+0.0127%4h0.02702−0.096%$2.1M$2.9M10xas long as short
Bybit SHELLUSDT+0.0562%4h0.02701−0.148%$509K$216K13xas long as short
BingX SHELL-USDTlong+0.1130%4h0.02705long leg$6.5M
Bitget SHELLUSDT+0.1220%4h0.02706+0.037%$568K$247K10xas long as short