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

T

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.6% APRnext payment $0.67 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against Binance−0.156%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.156% cheaper against Binance than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TUSDT0.005191−0.0605get 0.0302% / 4h34m 25s$3.3M$10.0M50x
ShortVariational Omni T0.005183−0.0738pay 0.0369% / 4h34m 25s$7K$13K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$28.09
Price spread: −0.156% → 0.000%
−$15.6
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$53.69
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 5 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 Binance live order book, 5 min ago0.96 bp13.2 bp −$1335.2 bp −$352doesn't fitdoesn't fit
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.

T on 8 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_TUSD−0.4374%1h0.005186−0.100%$2K$2K10xas long as short
Gate T_USDT−0.0786%4h0.005190−0.019%$215K$118K20xas long as short
KuCoin TUSDTM−0.0784%4h0.005190−0.019%$1.4M$110K12xas long as short
Variational Omni Tshort−0.0738%4h0.005183−0.156%$7K$13K
Bybit TUSDT−0.0635%4h0.005190−0.019%$1.6M$2.1M25xas long as short
Binance TUSDTlong−0.0605%4h0.005191long leg$3.3M$10.0M50x
MEXC T_USDT−0.0604%4h0.005195+0.077%$3.2M$260K20xas long as short
Bitget TUSDT−0.0602%4h0.005187−0.077%$889K$785K50xas long as short