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

TOWNS

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.4446%/8h= −486.9% APRpaid last 24h
Price spread now: Variational Omni against Deribit−0.137%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 7 daysno 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 −$133 a day on $10k at the current rate, and Variational Omni is 0.137% cheaper against Deribit than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TOWNS_USDC-PERPETUAL0.0020950.4546pay 0.0568% / 1h11m 45s25x
ShortVariational Omni TOWNS0.0020920.0100get 0.0050% / 4h3h 11m$195$549

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Deribit. 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
−$933.69
Price spread: −0.137% → 0.000%
−$13.68
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$954.37
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample
Sell Variational Omni no order-book sample
Deribit and 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.

TOWNS on 12 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 TOWNSUSDT+0.0100%4h0.002087−0.388%$10K$6K5xas long as short
Binance TOWNSUSDT+0.0100%4h0.002089−0.309%$2.0M$1.3M10xas long as short
Bybit TOWNSUSDT+0.0100%4h0.002087−0.382%$384K$116K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.002091−0.191%$71K$15K10xas long as short
MEXC TOWNS_USDT+0.0100%4h0.002088−0.334%$436K$127K100xas long as short
KuCoin TOWNSUSDTM+0.0100%4h0.002089−0.286%$249K$31K10xas long as short
Bitget TOWNSUSDT+0.0100%4h0.002091−0.191%$343K$39K5xas long as short
BingX TOWNS-USDT+0.0100%4h0.002088−0.334%$2.3Mas long as short
Variational Omni TOWNSshort+0.0100%4h0.002092−0.137%$195$549
BloFin TOWNS-USDT+0.0134%4h0.002093−0.095%$132K$4K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TOWNS-PERP-INTX+0.0328%1h0.002074−1.002%$77K$3K25xas long as short
Deribit TOWNS_USDC-PERPETUALlong+0.4546%1h0.002095long leg25x