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

TOWNS

all TOWNS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.4066%/8h= +445.2% APRpaid last 24h
Price spread now: Deribit against Variational Omni+0.186%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 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 for this trade now. Funding pays +$122 a day on $10k at the current rate, and Deribit is 0.186% dearer against Variational Omni than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TOWNS0.0020430.0100pay 0.0050% / 4h6m 57s$456$286
ShortDeribit TOWNS_USDC-PERPETUAL0.0020470.4166get 0.0521% / 1h6m 57s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$853.88
Price spread: +0.186% → 0.000%
$18.58
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$865.46
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Deribit: 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 Deribit no order-book sample
Variational Omni and Deribit: 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−0.0648%1h0.002031−0.597%$76K$4K25xas long as short
Aster TOWNSUSDT+0.0100%4h0.002040−0.151%$10K$6K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.002046+0.137%$70K$19K10xas long as short
Variational Omni TOWNSlong+0.0100%4h0.002043long leg$456$286
MEXC TOWNS_USDT+0.0128%4h0.002044+0.039%$392K$128K100xas long as short
Binance TOWNSUSDT+0.0142%4h0.002045+0.081%$2.0M$1.3M10xas long as short
BloFin TOWNS-USDT+0.0144%4h0.002045+0.088%$131K$4K10xas long as short
Bybit TOWNSUSDT+0.0444%4h0.002041−0.108%$368K$113K5xas long as short
BingX TOWNS-USDT+0.0576%4h0.002044+0.039%$2.3Mas long as short
Bitget TOWNSUSDT+0.0646%4h0.002046+0.137%$336K$48K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TOWNSUSDTM+0.0754%4h0.002048+0.235%$259K$24K10xas long as short
Deribit TOWNS_USDC-PERPETUALshort+0.4166%1h0.002047+0.186%25x