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

T

all T markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0488%/8h= +53.4% APRnext payment +$2.44 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against Variational Omni+0.039%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
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.039% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni T0.005236−0.0902get 0.0451% / 4h43m 02s$7K$6K
ShortKuCoin TUSDTM0.005238−0.0414pay 0.0207% / 4h43m 02s$1.3M$95K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$102.44
Price spread: +0.039% → 0.000%
$3.86
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$94.3
Costs to cover
0.120%
Break-even
0.6 days
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago7.64 bp128.8 bp −$129doesn't fitdoesn'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.

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−0.2087%1h0.005242+0.111%$4K$2K10xas long as short
Gate T_USDT−0.1160%4h0.005237+0.020%$208K$93K20xas long as short
Bybit TUSDT−0.0947%4h0.005231−0.095%$1.6M$1.6M25xas long as short
Variational Omni Tlong−0.0902%4h0.005236long leg$7K$6K
Bitget TUSDT−0.0842%4h0.005233−0.057%$889K$634K50xas long as short
MEXC T_USDT−0.0708%4h0.005239+0.058%$3.1M$232K20xas long as short
Binance TUSDT−0.0708%4h0.005231−0.095%$3.2M$7.8M50xas long as short
KuCoin TUSDTMshort−0.0414%4h0.005238+0.039%$1.3M$95K12x