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

W

all W markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Variational Omni+0.333%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: Binance is 0.333% dearer against Variational Omni than usual: you sell high and buy low, +$33 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni W0.011850.0100pay 0.0050% / 4h3h 44m$71K$42K
ShortBinance WUSDT0.011890.0100get 0.0050% / 4h3h 44m$3.0M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.333% → 0.000%
$33.32
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$23.32
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 9 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 Binance live order book, 9 min ago3.37 bp18.3 bp −$1870.9 bp −$709doesn'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.

W on 17 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
Deribit W_USDC-PERPETUAL−0.0255%1h0.01188+0.256%$16K$2K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.002%$1K$1K12xas long as short
OKX W-USDT-SWAP+0.0084%4h0.01188+0.248%$1.3M$2.0M20xas long as short
Hyperliquid W+0.0100%1h0.01189+0.315%$2.0M$417K5xas long as short
Binance WUSDTshort+0.0100%4h0.01189+0.333%$3.0M$6.8M50x
Bybit WUSDT+0.0100%4h0.01188+0.214%$4.2M$1.9M50xas long as short
Gate W_USDT+0.0100%4h0.01186+0.070%$448K$284K75xas long as short
MEXC W_USDT+0.0100%4h0.01189+0.323%$12.9M$1.4M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01189+0.315%$459K$219K50xas long as short
Bitget WUSDT+0.0100%4h0.01189+0.315%$1.3M$575K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01188+0.256%$6.9Mas long as short
Variational Omni Wlong+0.0100%4h0.01185long leg$71K$42K
GRVT W_USDT_Perp+0.0100%4h0.01187+0.138%$127K$377K10xas long as short
Extended W-USD+0.0104%1h0.01189+0.311%$64K$290K5xas long as short
Coinbase International W-PERP-INTX+0.0280%1h0.01188+0.197%$14K$16K50xas long as short
Backpack W_USDC_PERP+0.1291%1h0.01191+0.450%$44K$44K15xas long as short
Kraken Futures PF_WUSD+0.1320%1h0.01191+0.496%$148K$181K20xas long as short