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

USUAL

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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 Bitget+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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.048% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USUALUSDT0.013490.0100pay 0.0050% / 4h1h 56m$816K$508K50x
ShortVariational Omni USUAL0.013500.0100get 0.0050% / 4h1h 56m$9K$208

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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: +0.048% → 0.000%
$4.84
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$7.16
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 24 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 Bitget live order book, 24 min ago7.36 bp28.1 bp −$28132.6 bp −$1,326doesn'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−0.4025%1h0.01334−1.112%$6K$2K5.5xas long as short
Kraken Futures PF_USUALUSD−0.0710%1h0.01349+0.008%$110K$23K10xas long as short
Hyperliquid USUAL+0.0100%1h0.01352+0.222%$386K$233K3xas long as short
Binance USUALUSDT+0.0100%4h0.01351+0.148%$2.1M$3.5M50xas long as short
Bybit USUALUSDT+0.0100%4h0.01350+0.037%$996K$932K25xas long as short
Gate USUAL_USDT+0.0100%8h0.01350+0.074%$901K$213K50xas long as short
MEXC USUAL_USDT+0.0100%4h0.01351+0.148%$5.9M$257K100xas long as short
KuCoin USUALUSDTM+0.0100%4h0.01348−0.074%$279K$64K20xas long as short
Bitget USUALUSDTlong+0.0100%4h0.01349long leg$816K$508K50x
BingX USUAL-USDT+0.0100%4h0.01348−0.044%$1.2Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni USUALshort+0.0100%4h0.01350+0.048%$9K$208