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

W

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Variational Omni+0.132%89s7-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 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 · GRVT: 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: GRVT is 0.132% dearer against Variational Omni than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni W0.011820.0100pay 0.0050% / 4h2h 22m$71K$20K
ShortGRVT W_USDT_Perp0.011840.0100get 0.0050% / 4h2h 22m$128K$375K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.132% → 0.000%
$13.18
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$4.18
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; GRVT: live order book, 28 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 GRVT live order book, 28 min ago8.48 bp46.9 bp −$4775.1 bp −$751doesn'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 exchanges

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−0.0256%1h0.01185+0.240%$14K$4K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.245%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01185+0.215%$2.0M$258K5xas long as short
Binance WUSDT+0.0100%4h0.01185+0.230%$3.0M$4.7M50xas long as short
Bybit WUSDT+0.0100%4h0.01183+0.071%$4.1M$1.5M50xas long as short
OKX W-USDT-SWAP+0.0100%4h0.01184+0.114%$1.3M$1.3M20xas long as short
Gate W_USDT+0.0100%4h0.01181−0.140%$431K$186K75xas long as short
MEXC W_USDT+0.0100%4h0.01185+0.249%$12.3M$1.3M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01183+0.046%$388K$184K50xas long as short
Bitget WUSDT+0.0100%4h0.01185+0.215%$1.3M$539K50xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01184+0.097%$6.6Mas long as short
Variational Omni Wlong+0.0100%4h0.01182long leg$71K$20K
GRVT W_USDT_Perpshort+0.0100%4h0.01184+0.132%$128K$375K10x
Extended W-USD+0.0104%1h0.01185+0.210%$59K$390K5xas long as short
Coinbase International W-PERP-INTX+0.0496%1h0.01190+0.663%$13K$12K50xas long as short
Backpack W_USDC_PERP+0.0873%1h0.01186+0.308%$43K$51K15xas long as short
Kraken Futures PF_WUSD+0.1118%1h0.01187+0.370%$148K$46K20xas long as short