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

BOT

RWAall BOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.1119%/8h= −122.5% APRpaid last 24h −0.278%
Price spread now: Variational Omni against Lighter−0.494%7-day average · you buy dearer than you sell
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 airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Variational Omni is 0.494% cheaper against Lighter than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BOT29.6860.0032pay 0.0004% / 1h14m 48s$68K$1K3x
ShortVariational Omni BOT29.539−0.1087pay 0.1087% / 8h5h 14m$31K$21K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Lighter. 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
−$235.03
Price spread: −0.494% → 0.000%
−$49.44
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$284.46
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Variational Omni no order-book sample
Lighter 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.

BOT on 12 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
KuCoin BOTUSDTM−0.1440%8h29.530−0.526%$96K$282K20xas long as short
Binance BOTUSDT−0.1104%8h29.540−0.492%$455K$1.2M10xas long as short
Variational Omni BOTshort−0.1087%8h29.539−0.494%$31K$21K
OKX BOT-USDT-SWAP−0.0789%8h29.560−0.424%$235K$226K20xas long as short
QFEX BOT-USD−0.0160%1h29.540−0.492%$1.1M$533K10xas long as short
Bybit BOTUSDT0.0000%8h29.530−0.526%$513K$534K25xas long as short
Gate BOT_USDT0.0000%8h29.550−0.458%$256K$241K20xas long as short
Bitget BOTUSDT0.0000%8h29.570−0.391%$248K$121K5xas long as short
Lighter BOTlong+0.0032%1h29.686long leg$68K$1K3x
Arcus BOT-USD+0.0040%1h29.510−0.593%$3K$9K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BOT-USDT+0.0100%8h29.556−0.438%$3K$34K10xas long as short
tradeXYZ xyz:BOT+0.0273%1h29.522−0.552%$3.1M$802K10xas long as short