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

TOWNS

all TOWNS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment $0.09 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Variational Omni−0.075%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 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.075% cheaper against Variational Omni than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TOWNS0.0021190.0100pay 0.0050% / 4h43m 07s$198$549
ShortBloFin TOWNS-USDT0.0021170.0083get 0.0041% / 4h43m 07s$132K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$3.66
Price spread: −0.075% → 0.000%
−$7.49
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.15
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 24 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 BloFin live order book, 24 min ago2.38 bp30.5 bp −$30139.7 bp −$1,397doesn'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.

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
Coinbase International TOWNS-PERP-INTX−0.1040%1h0.002222+4.881%$83K$4K25xas long as short
BloFin TOWNS-USDTshort+0.0083%4h0.002117−0.075%$132K$4K10x
Aster TOWNSUSDT+0.0100%4h0.002114−0.195%$10K$5K5xas long as short
Binance TOWNSUSDT+0.0100%4h0.002113−0.256%$2.1M$1.3M10xas long as short
Bybit TOWNSUSDT+0.0100%4h0.002112−0.311%$385K$126K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.002115−0.169%$72K$16K10xas long as short
MEXC TOWNS_USDT+0.0100%4h0.002113−0.264%$434K$137K100xas long as short
KuCoin TOWNSUSDTM+0.0100%4h0.002117−0.075%$252K$31K10xas long as short
Variational Omni TOWNSlong+0.0100%4h0.002119long leg$198$549
Bitget TOWNSUSDT+0.0284%4h0.002116−0.122%$349K$52K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX TOWNS-USDT+0.0286%4h0.002114−0.217%$2.3Mas long as short
Deribit TOWNS_USDC-PERPETUAL+0.3066%1h0.002118−0.028%25xas long as short