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

W

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.05 per $10,000 · paid last 24h −0.032%
Price spread now: OKX against Variational Omni+0.403%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
The price spread pays, funding is against you. OKX is 0.403% dearer against Variational Omni than usual: you sell high and buy low (spread +0.403% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni W0.011730.0100pay 0.0050% / 4h2h 53m$71K$41K
ShortOKX W-USDT-SWAP0.011780.0091get 0.0045% / 4h2h 53m$1.3M$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$1.96
Price spread: +0.403% → 0.000%
$40.33
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$28.37
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago0.43 bp35.3 bp −$35doesn'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.

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-PERPETUAL0.0000%1h0.01176+0.267%$16K$2K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+3.045%$1K$1K12xas long as short
OKX W-USDT-SWAPshort+0.0091%4h0.01178+0.403%$1.3M$1.9M20x
Hyperliquid W+0.0100%1h0.01178+0.403%$2.0M$401K5xas long as short
Binance WUSDT+0.0100%4h0.01178+0.366%$3.0M$6.7M50xas long as short
Bybit WUSDT+0.0100%4h0.01177+0.344%$4.1M$1.9M50xas long as short
Gate W_USDT+0.0100%4h0.01175+0.190%$443K$263K75xas long as short
MEXC W_USDT+0.0100%4h0.01177+0.352%$12.7M$1.4M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01177+0.318%$444K$221K50xas long as short
Bitget WUSDT+0.0100%4h0.01178+0.403%$1.3M$567K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01178+0.403%$6.9Mas long as short
Backpack W_USDC_PERP+0.0100%1h0.01178+0.395%$44K$48K15xas long as short
Variational Omni Wlong+0.0100%4h0.01173long leg$71K$41K
GRVT W_USDT_Perp+0.0100%4h0.01176+0.233%$123K$384K10xas long as short
Extended W-USD+0.0104%1h0.01177+0.286%$59K$240K5xas long as short
Coinbase International W-PERP-INTX+0.0360%1h0.01183+0.838%$14K$16K50xas long as short
Kraken Futures PF_WUSD+0.1542%1h0.01180+0.567%$146K$181K20xas long as short