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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0322%/8h= +35.3% APRnext payment +$1.61 per $10,000 · paid last 24h +0.096%
Price spread now: BingX against Variational Omni+0.048%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 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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.048% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.016460.0100pay 0.0050% / 4h2h 17m$16K$3K
ShortBingX US-USDT0.016470.0422get 0.0211% / 4h2h 17m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$67.62
Price spread: +0.048% → 0.000%
$4.8
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$62.42
Costs to cover
0.100%
Break-even
0.5 days
Slippage unknown: Variational Omni: no order-book sample; BingX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell BingX live order book, 8 min ago5.47 bp42.3 bp −$42137.1 bp −$1,371936.4 bp −$93.6K1247.1 bp −$623.5K
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
KuCoin USUSDTM−0.0042%4h0.01644−0.116%$4.2M$275K20xas long as short
Aster USUSDT+0.0100%4h0.01643−0.151%$12K$54K5xas long as short
Binance USUSDT+0.0100%4h0.01646+0.030%$9.2M$3.1M10xas long as short
Bybit USUSDT+0.0100%4h0.01646−0.007%$3.3M$841K20xas long as short
Gate US_USDT+0.0100%4h0.01644−0.110%$2.1M$546K20xas long as short
MEXC US_USDT+0.0100%4h0.01646+0.030%$5.5M$117K100xas long as short
Variational Omni USlong+0.0100%4h0.01646long leg$16K$3K
Extended US-USD+0.0104%1h0.01646+0.023%$4K$141K5xas long as short
BloFin US-USDT+0.0104%4h0.01646−0.007%$479K$49K10xas long as short
BingX US-USDTshort+0.0422%4h0.01647+0.048%$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0424%4h0.01646−0.007%$4.3M$243K10xas long as short