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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Variational Omni−0.253%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 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: Gate is 0.253% cheaper against Variational Omni than usual: you would sell low and buy high, −$25 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SPELL0.000092030.0100pay 0.0100% / 8h6h 12m$112$2K
ShortGate SPELL_USDT0.000091800.0100get 0.0100% / 8h6h 12m$51K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.253% → 0.000%
−$25.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$40.31
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Gate: 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 Variational Omni no order-book sample
Sell Gate no order-book sample
Variational Omni and Gate: 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 SPELLUSDT+0.0100%8h0.00009197−0.068%$1.5M$1.6M50xas long as short
Gate SPELL_USDTshort+0.0100%8h0.00009180−0.253%$51K$24K20x
MEXC SPELL_USDT+0.0100%8h0.00009190−0.144%$416K$132K20xas long as short
KuCoin SPELLUSDTM+0.0100%8h0.00009190−0.144%$192K$26K30xas long as short
Bitget SPELLUSDT+0.0100%8h0.00009190−0.144%$611K$40K25xas long as short
Variational Omni SPELLlong+0.0100%8h0.00009203long leg$112$2K
Kraken Futures PF_SPELLUSD+0.1181%1h0.00009198−0.055%$15K$2K10xas long as short