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+0.0290%/8h= +31.8% APRnext payment +$1.45 per $10,000 · paid last 24h +0.063%
Price spread now: Bitget against Variational Omni+0.125%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 +$9 a day on $10k at the current rate, and Bitget is 0.125% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.016410.0100pay 0.0050% / 4h1h 57m$16K$3K
ShortBitget USUSDT0.016430.0390get 0.0195% / 4h1h 57m$4.3M$243K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$60.9
Price spread: +0.125% → 0.000%
$12.54
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$61.44
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago14.33 bp44.4 bp −$44220.4 bp −$2,204doesn't fitdoesn'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.

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−0.0114%4h0.01638−0.185%$4.2M$276K20xas long as short
Aster USUSDT+0.0100%4h0.01638−0.180%$12K$54K5xas long as short
Binance USUSDT+0.0100%4h0.01641+0.010%$9.2M$3.1M10xas long as short
Bybit USUSDT+0.0100%4h0.01642+0.064%$3.2M$844K20xas long as short
Gate US_USDT+0.0100%4h0.01637−0.265%$2.1M$543K20xas long as short
MEXC US_USDT+0.0100%4h0.01641+0.034%$5.5M$114K100xas long as short
Variational Omni USlong+0.0100%4h0.01641long leg$16K$3K
Extended US-USD+0.0104%1h0.01641−0.007%$4K$141K5xas long as short
BloFin US-USDT+0.0117%4h0.01640−0.076%$481K$49K10xas long as short
BingX US-USDT+0.0361%4h0.01642+0.058%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDTshort+0.0390%4h0.01643+0.125%$4.3M$243K10x