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

USUAL

all USUAL markets
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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 0.000%
Price spread now: Variational Omni against Binance+0.218%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.218% dearer against Binance than usual: you sell high and buy low, +$22 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USUALUSDT0.013540.0100pay 0.0050% / 4h2h 15m$2.1M$3.5M50x
ShortVariational Omni USUAL0.013570.0100get 0.0050% / 4h2h 15m$9K$208

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
$0
Price spread: +0.218% → 0.000%
$21.75
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$11.75
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 6 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, 6 min ago1.84 bp20.0 bp −$20141.7 bp −$1,417doesn'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.

USUAL 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
Injective USUAL/USDC PERP−0.4964%1h0.01343−0.830%$6K$2K5.5xas long as short
Kraken Futures PF_USUALUSD−0.0745%1h0.01354−0.013%$110K$23K10xas long as short
Hyperliquid USUAL+0.0100%1h0.01354−0.018%$387K$230K3xas long as short
Binance USUALUSDTlong+0.0100%4h0.01354long leg$2.1M$3.5M50x
Bybit USUALUSDT+0.0100%4h0.01356+0.159%$999K$939K25xas long as short
Gate USUAL_USDT+0.0100%8h0.01356+0.130%$905K$251K50xas long as short
MEXC USUAL_USDT+0.0100%4h0.01354−0.018%$5.9M$268K100xas long as short
KuCoin USUALUSDTM+0.0100%4h0.01357+0.204%$280K$64K20xas long as short
Bitget USUALUSDT+0.0100%4h0.01356+0.130%$821K$506K50xas long as short
BingX USUAL-USDT+0.0100%4h0.01356+0.130%$1.2Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni USUALshort+0.0100%4h0.01357+0.218%$9K$208