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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0705%/8h= −77.2% APRnext payment $3.53 per $10,000 · paid last 24h −0.119%
Price spread now: Variational Omni against Binance−0.258%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
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Variational Omni is 0.258% cheaper against Binance than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USUSDT0.016480.0805pay 0.0403% / 4h3h 44m$9.2M$3.1M10x
ShortVariational Omni US0.016440.0100get 0.0050% / 4h3h 44m$16K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$148.09
Price spread: −0.258% → 0.000%
−$25.82
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$183.91
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 10 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago3.65 bp53.2 bp −$53336.8 bp −$3,368doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
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.

US on 11 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
Bybit USUSDT+0.0100%4h0.01649+0.055%$3.3M$875K20xas long as short
Gate US_USDT+0.0100%4h0.01645−0.176%$2.1M$558K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01642−0.340%$4.2M$275K20xas long as short
Variational Omni USshort+0.0100%4h0.01644−0.258%$16K$3K
Bitget USUSDT+0.0432%4h0.01650+0.115%$4.3M$250K10xas long as short
Aster USUSDT+0.0745%4h0.01644−0.231%$12K$55K5xas long as short
BloFin US-USDT+0.0779%4h0.01641−0.400%$477K$49K10xas long as short
BingX US-USDT+0.0786%4h0.01649+0.036%$1.3Mas long as short
Binance USUSDTlong+0.0805%4h0.01648long leg$9.2M$3.1M10x
Extended US-USD+0.0808%1h0.01647−0.035%$2K$139K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC US_USDT+0.0810%4h0.01648−0.030%$5.5M$113K100xas long as short