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

SONY

RWAall SONY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0188%/8h= −20.6% APRnext payment $1.88 per $10,000 · paid last 24h −0.046%
Price spread now: Variational Omni against KuCoin+0.030%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 4 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
The price spread pays, funding is against you. Variational Omni is 0.030% dearer against KuCoin than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SONYUSDTM23.6600.0188pay 0.0188% / 8h8m 30s$62K$356K20x
ShortVariational Omni SONY23.6670get 0.0000% / 8h8m 30s$47K$9K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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
−$39.48
Price spread: +0.030% → 0.000%
$2.98
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$48.5
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 24 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 KuCoin live order book, 24 min ago23.25 bp545.1 bp −$545doesn'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.

SONY on 8 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
Binance SONYUSDT0.0000%8h23.680+0.085%$347K$253K20xas long as short
Bybit SONYUSDT0.0000%8h23.690+0.127%$98K$32K25xas long as short
OKX SONY-USDT-SWAP0.0000%8h23.670+0.042%$75K$28K10xas long as short
Gate SONY_USDT0.0000%8h23.682+0.093%$64K$1K20xas long as short
Bitget SONYUSDT0.0000%8h23.668+0.034%$149K$8K20xas long as short
Variational Omni SONYshort0.0000%8h23.667+0.030%$47K$9K
HTX SONY-USDT+0.0100%8h23.700+0.169%$8K$9K10xas long as short
KuCoin SONYUSDTMlong+0.0188%8h23.660long leg$62K$356K20x