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

TOWNS

all TOWNS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0716%/8h= +78.4% APRpaid last 24h +0.909%
Price spread now: Coinbase International against Variational Omni−0.295%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
Funding pays, the price is against you. Coinbase International is 0.295% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.295% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 33 hours of funding at the current rate (+$21 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TOWNS0.0020800.0100pay 0.0050% / 4h3m 24s$195$549
ShortCoinbase International TOWNS-PERP-INTX0.0020740.0816get 0.0102% / 1h3m 24s$77K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$150.36
Price spread: −0.295% → 0.000%
−$29.5
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$110.86
Costs to cover
0.100%
Break-even
1.8 days
Slippage unknown: Variational Omni: no order-book sample; Coinbase International: 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 Variational Omni no order-book sample
Sell Coinbase International no order-book sample
Variational Omni and Coinbase International: 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
BloFin TOWNS-USDT+0.0042%4h0.002080−0.007%$132K$4K10xas long as short
Aster TOWNSUSDT+0.0100%4h0.002080−0.028%$10K$6K5xas long as short
Binance TOWNSUSDT+0.0100%4h0.002081+0.042%$2.0M$1.3M10xas long as short
Bybit TOWNSUSDT+0.0100%4h0.002080−0.007%$382K$116K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.002080−0.007%$71K$15K10xas long as short
MEXC TOWNS_USDT+0.0100%4h0.002080−0.007%$400K$122K100xas long as short
KuCoin TOWNSUSDTM+0.0100%4h0.002078−0.103%$248K$31K10xas long as short
Bitget TOWNSUSDT+0.0100%4h0.002080−0.007%$340K$38K5xas long as short
BingX TOWNS-USDT+0.0100%4h0.002082+0.090%$2.3Mas long as short
Variational Omni TOWNSlong+0.0100%4h0.002080long leg$195$549
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TOWNS-PERP-INTXshort+0.0816%1h0.002074−0.295%$77K$3K25x
Deribit TOWNS_USDC-PERPETUAL+0.3119%1h0.002085+0.234%25xas long as short