Funding arb · Price arb /

TOWNS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: MEXC against Variational Omni+0.111%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

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 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: MEXC is 0.111% dearer against Variational Omni than usual: you sell high and buy low, +$11 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	Variational Omni TOWNS	0.002052	0.0100	pay 0.0050% / 4h	52m 36s	$457	$285	—
Short	MEXC TOWNS_USDT	0.002054	0.0100	get 0.0050% / 4h	52m 36s	$393K	$125K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.111%Rate

Funding earned: $0
Price spread: +0.111% → 0.000%: $11.1
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: $7.1
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 8 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell MEXC live order book, 8 min ago	2.44 bp	6.7 bp −$7	68.3 bp −$683	206.5 bp −$20.6K	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International TOWNS-PERP-INTX	−0.0648%	1h	0.002031	−1.010%	$76K	$4K	25x	as long as short
Aster TOWNSUSDT	+0.0100%	4h	0.002053	+0.053%	$10K	$6K	5x	as long as short
Binance TOWNSUSDT	+0.0100%	4h	0.002053	+0.062%	$2.0M	$1.3M	10x	as long as short
Bybit TOWNSUSDT	+0.0100%	4h	0.002051	−0.035%	$370K	$114K	5x	as long as short
Gate TOWNS_USDT	+0.0100%	4h	0.002054	+0.111%	$71K	$19K	10x	as long as short
MEXC TOWNS_USDTshort	+0.0100%	4h	0.002054	+0.111%	$393K	$125K	100x
Variational Omni TOWNSlong	+0.0100%	4h	0.002052	long leg	$457	$285	—
BloFin TOWNS-USDT	+0.0107%	4h	0.002053	+0.062%	$131K	$4K	10x	as long as short
BingX TOWNS-USDT	+0.0166%	4h	0.002056	+0.208%	—	$2.3M	—	as long as short
Bitget TOWNSUSDT	+0.0188%	4h	0.002052	+0.013%	$337K	$48K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TOWNSUSDTM	+0.0570%	4h	0.002058	+0.306%	$260K	$24K	10x	as long as short
Deribit TOWNS_USDC-PERPETUAL	+0.3158%	1h	0.002061	+0.452%	—	—	25x	as long as short