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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against Variational Omni−0.012%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 4 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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.016320.0100pay 0.0050% / 4h3h 09m$16K$3K
ShortBybit USUSDT0.016320.0100get 0.0050% / 4h3h 09m$3.2M$933K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.012% → 0.000%
−$1.21
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$12.21
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago6.12 bp97.5 bp −$97doesn't fitdoesn'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
Bybit USUSDTshort+0.0100%4h0.01632−0.012%$3.2M$933K20x
Gate US_USDT+0.0100%4h0.01629−0.171%$2.0M$597K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01621−0.686%$4.0M$350K20xas long as short
Variational Omni USlong+0.0100%4h0.01632long leg$16K$3K
Aster USUSDT+0.0209%4h0.01629−0.168%$12K$54K5xas long as short
MEXC US_USDT+0.0244%4h0.01631−0.061%$5.5M$115K100xas long as short
Binance USUSDT+0.0248%4h0.01631−0.092%$9.1M$3.2M10xas long as short
Extended US-USD+0.0248%1h0.01631−0.102%$2K$168K5xas long as short
BloFin US-USDT+0.0272%4h0.01632−0.018%$480K$49K10xas long as short
Bitget USUSDT+0.0398%4h0.01633+0.061%$4.3M$259K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0406%4h0.01632−0.006%$1.3Mas long as short