Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.014%

Price spread now: Variational Omni against Extended+0.024%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

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 days—no price history on both exchanges yet

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

The price spread pays, funding is against you. Variational Omni is 0.024% dearer against Extended than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMAT-USD	470.18	0.0176	pay 0.0022% / 1h	31m 51s	$5K	$27K	10x
Short	Variational Omni AMAT	470.29	0.0120	get 0.0120% / 8h	5h 31m	$66K	$44K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now +0.024%Rate

Funding earned: −$11.7
Price spread: +0.024% → 0.000%: $2.35
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$14.34
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; 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 Extended no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Extended and 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
Aster AMATUSDT	0.0000%	8h	470.17	−0.004%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	470.22	+0.008%	$900K	$655K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	470.60	+0.089%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	470.50	+0.067%	$2.1M	$1.7M	20x	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	469.99	−0.042%	$226	$100K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	470.00	−0.039%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	470.13	−0.011%	$2.6M	$2.3M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	469.85	−0.071%	$413K	$479K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	470.48	+0.063%	$908	$366K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	471.15	+0.206%	$171K	$40K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AMATshort	+0.0120%	8h	470.29	+0.024%	$66K	$44K	—
BloFin AMAT-USDT	+0.0173%	8h	470.07	−0.024%	$110K	$91K	20x	as long as short
Extended AMAT-USDlong	+0.0176%	1h	470.18	long leg	$5K	$27K	10x
Binance AMATUSDT	+0.0179%	8h	470.33	+0.031%	$8.9M	$12.6M	20x	as long as short
Phoenix AMAT	+0.0204%	1h	470.49	+0.065%	$19K	$110K	10x	as long as short
Gate AMAT_USDT	+0.0263%	8h	470.20	+0.004%	$1.7M	$6.4M	50x	as long as short