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

EBAY

RWAall EBAY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0820%/8h= +89.7% APRpaid last 24h −0.015%
Price spread now: Variational Omni against tradeXYZ−0.059%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.059% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$25 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EBAY108.31−0.0820get 0.0102% / 1h11m 09s$303K$74K10x
ShortVariational Omni EBAY108.250get 0.0000% / 8h2h 11m$15K$42K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against tradeXYZ. 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
$172.11
Price spread: −0.059% → 0.000%
−$5.9
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$148.2
Costs to cover
0.180%
Break-even
1.0 days
Slippage unknown: tradeXYZ: live order book, 65 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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 65 min ago11.97 bp42.1 bp −$42doesn't fitdoesn't fitdoesn'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.

EBAY on 9 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
tradeXYZ xyz:EBAYlong−0.0820%1h108.31long leg$303K$74K10x
Aster EBAYUSDT0.0000%8h108.37+0.051%$4K$93620xas long as short
Binance EBAYUSDT0.0000%8h108.29−0.020%$253K$363K20xas long as short
Bybit EBAYUSDT0.0000%8h108.45+0.129%$41K$14K25xas long as short
QFEX EBAY-USD0.0000%1h108.35+0.037%$1.1M$3.5M10xas long as short
Gate EBAY_USDT0.0000%8h108.32+0.009%$146K$3K20xas long as short
Variational Omni EBAYshort0.0000%8h108.25−0.059%$15K$42K
SunX EBAY-USDT0.0000%8h108.26−0.046%$1K$942K10xas long as short
HTX EBAY-USDT0.0000%8h108.30−0.009%$6K$3K10xas long as short