Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.025%

Price spread now: Variational Omni against Vest−0.072%7-day average — · you buy dearer than you sell

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

Long on Vest 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 airdropVest: Active · Variational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.072% cheaper against Vest than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest AMAT-USD-PERP	459.45	0.0046	pay 0.0006% / 1h	19m 31s	—	—	10x
Short	Variational Omni AMAT	459.12	0	get 0.0000% / 8h	19m 31s	$60K	$47K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now −0.072%Rate

Funding earned: −$9.59
Price spread: −0.072% → 0.000%: −$7.19
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$18.78
Costs to cover: 0.020%
Break-even: never at this rate

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

Vest 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
Bitget AMATUSDT	−0.0441%	8h	459.84	+0.085%	$1.9M	$1.8M	20x	as long as short
Gate AMAT_USDT	−0.0118%	8h	459.40	−0.011%	$1.5M	$6.0M	50x	as long as short
tradeXYZ xyz:AMAT	−0.0025%	1h	459.02	−0.094%	$2.1M	$2.6M	10x	as long as short
Aster AMATUSDT	0.0000%	8h	459.53	+0.017%	$10K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	459.16	−0.063%	$1K	$32K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	459.28	−0.037%	$8.3M	$14.2M	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	459.31	−0.030%	$824K	$702K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	459.54	+0.020%	$1.3M	$1.6M	20x	as long as short
Variational Omni AMATshort	0.0000%	8h	459.12	−0.072%	$60K	$47K	—
GRVT AMAT_USDT_Perp	0.0000%	8h	459.38	−0.014%	$459	$111K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AMAT-USDT	+0.0015%	8h	459.28	−0.037%	$108K	$120K	20x	as long as short
Vest AMAT-USD-PERPlong	+0.0046%	1h	459.45	long leg	—	—	10x
KuCoin AMATUSDTM	+0.0100%	8h	458.71	−0.161%	$396K	$552K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	459.44	−0.002%	$1K	$378K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	459.47	+0.004%	$167K	$39K	20x	as long as short
Phoenix AMAT	+0.0174%	1h	459.39	−0.013%	$18K	$114K	10x	as long as short