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

SPELL

all SPELL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Variational Omni+0.517%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.517% dearer against Variational Omni than usual: you sell high and buy low, +$52 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SPELL0.000090430.0100pay 0.0100% / 8h7h 23m$110$2K
ShortBinance SPELLUSDT0.000090900.0100get 0.0100% / 8h7h 23m$1.5M$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.517% → 0.000%
$51.71
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$41.71
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago5.50 bp35.6 bp −$36174.4 bp −$1,744doesn't fitdoesn'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.

SPELL on 7 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
Binance SPELLUSDTshort+0.0100%8h0.00009090+0.517%$1.5M$1.6M50x
Gate SPELL_USDT+0.0100%8h0.00009040−0.036%$50K$17K20xas long as short
MEXC SPELL_USDT+0.0100%8h0.00009090+0.517%$390K$142K20xas long as short
KuCoin SPELLUSDTM+0.0100%8h0.00009070+0.296%$189K$21K30xas long as short
Bitget SPELLUSDT+0.0100%8h0.00009080+0.407%$595K$33K25xas long as short
Variational Omni SPELLlong+0.0100%8h0.00009043long leg$110$2K
Kraken Futures PF_SPELLUSD+0.0287%1h0.00009105+0.682%$15K$1K10xas long as short