Funding arb · Price arb /

TOWNS

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Swap Backtest

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: Variational Omni against Gate−0.134%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

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 days—no 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: Variational Omni is 0.134% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TOWNS_USDT	0.002107	0.0100	pay 0.0050% / 4h	14m 47s	$71K	$16K	10x
Short	Variational Omni TOWNS	0.002104	0.0100	get 0.0050% / 4h	14m 47s	$197	$549	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now −0.134%Rate

Funding earned: $0
Price spread: −0.134% → 0.000%: −$13.41
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$28.41
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Gate 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International TOWNS-PERP-INTX	−0.1040%	1h	0.002222	+5.458%	$83K	$4K	25x	as long as short
BloFin TOWNS-USDT	+0.0057%	4h	0.002104	−0.142%	$132K	$4K	10x	as long as short
Aster TOWNSUSDT	+0.0100%	4h	0.002104	−0.119%	$10K	$5K	5x	as long as short
Binance TOWNSUSDT	+0.0100%	4h	0.002106	−0.047%	$2.0M	$1.3M	10x	as long as short
Bybit TOWNSUSDT	+0.0100%	4h	0.002103	−0.190%	$378K	$132K	5x	as long as short
Gate TOWNS_USDTlong	+0.0100%	4h	0.002107	long leg	$71K	$16K	10x
MEXC TOWNS_USDT	+0.0100%	4h	0.002106	−0.047%	$433K	$138K	100x	as long as short
KuCoin TOWNSUSDTM	+0.0100%	4h	0.002105	−0.095%	$251K	$31K	10x	as long as short
Variational Omni TOWNSshort	+0.0100%	4h	0.002104	−0.134%	$197	$549	—
Bitget TOWNSUSDT	+0.0168%	4h	0.002105	−0.095%	$347K	$52K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX TOWNS-USDT	+0.0178%	4h	0.002106	−0.047%	—	$2.3M	—	as long as short
Deribit TOWNS_USDC-PERPETUAL	+0.3550%	1h	0.002113	+0.285%	—	—	25x	as long as short