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

COST

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.018%
Price spread now: Binance against Variational Omni+0.024%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.024% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COST898.720.0062pay 0.0062% / 8h5h 34m$42K$17K
ShortBinance COSTUSDT898.940.0175get 0.0175% / 8h5h 34m$1.1M$929K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$23.79
Price spread: +0.024% → 0.000%
$2.42
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$16.2
Costs to cover
0.100%
Break-even
2.2 days
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 13 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 Binance live order book, 13 min ago1.61 bp14.1 bp −$1452.3 bp −$523doesn'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.

COST on 15 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
Aster COSTUSDT0.0000%8h898.95+0.025%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h898.87+0.016%$491K$218K25xas long as short
OKX COST-USDT-SWAP0.0000%8h899.79+0.119%$447K$109K10xas long as short
Gate COST_USDT0.0000%8h899.05+0.036%$520K$8K25xas long as short
Bitget COSTUSDT0.0000%8h898.90+0.019%$403K$110K25xas long as short
SunX COST-USDT0.0000%8h898.30−0.047%$1K$3.0M10xas long as short
HTX COST-USDT0.0000%8h900.42+0.189%$10K$42K10xas long as short
QFEX COST-USD+0.0005%1h898.77+0.005%$1.1M$2.9M10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−0.750%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.053%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COST-USD-PERP+0.0046%1h898.78+0.006%25xas long as short
tradeXYZ xyz:COST+0.0050%1h898.60−0.014%$1.8M$515K20xas long as short
Variational Omni COSTlong+0.0062%8h898.72long leg$42K$17K
KuCoin COSTUSDTM+0.0100%8h899.00+0.031%$47K$872K20xas long as short
Binance COSTUSDTshort+0.0175%8h898.94+0.024%$1.1M$929K20x