Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.038%

Price spread now: Variational Omni against Bybit−0.020%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AMATUSDT	463.40	0	get 0.0000% / 8h	2h 53m	$864K	$680K	25x
Short	Variational Omni AMAT	463.31	0	get 0.0000% / 8h	2h 53m	$65K	$44K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now −0.020%Rate

Funding earned: $0
Price spread: −0.020% → 0.000%: −$1.97
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$12.97
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 57 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 57 min ago	3.75 bp	14.5 bp −$14	100.5 bp −$1,005	doesn't fit	doesn'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.

AMAT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AMATUSDT	−0.0189%	8h	463.57	+0.037%	$2.0M	$1.8M	20x	as long as short
Aster AMATUSDT	0.0000%	8h	463.66	+0.057%	$10K	$11K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	463.50	+0.022%	$5K	$27K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	463.63	+0.050%	$8.5M	$13.4M	20x	as long as short
Bybit AMATUSDTlong	0.0000%	8h	463.40	long leg	$864K	$680K	25x
OKX AMAT-USDT-SWAP	0.0000%	8h	463.76	+0.078%	$1.4M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	463.40	0.000%	$1.5M	$6.5M	50x	as long as short
Variational Omni AMATshort	0.0000%	8h	463.31	−0.020%	$65K	$44K	—
GRVT AMAT_USDT_Perp	0.0000%	8h	462.69	−0.153%	$620	$106K	10x	as long as short
BloFin AMAT-USDT	+0.0028%	8h	463.56	+0.035%	$109K	$107K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMAT-USD-PERP	+0.0046%	1h	463.30	−0.022%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	463.38	−0.004%	$2.6M	$2.2M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	462.93	−0.101%	$403K	$547K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	464.63	+0.265%	$813	$376K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	464.13	+0.158%	$169K	$39K	20x	as long as short
Phoenix AMAT	+0.0225%	1h	462.63	−0.166%	$19K	$110K	10x	as long as short